Abstract:

The purpose of this paper is to investigate the long-run relationship between export and economic growth in the 6 Turkish Republics over the period from 1995 to 2011 by utilizing the Pedroni, Kao and JohansenFisher panel cointegration, Pedroni FMOLS; Pedroni DOLS, VECM and Canning; Pedroni Causality methods. Cointegration test results show that there is a cointegration relationship between export and economic growth in the long run. According to FMOLS results the coefficients of export is 0.40, implying that 100 dollar increase in export will bring about 40 dollarincrease in economic growth. According to DOLS results the coefficients of export is 0.36, implying that 100 dollar increase in export will bring about 36 dollarincrease in economic growth. VECM methods indicate both the short-run and long-run bidirectional causality between export and economic growth. Canning ve Pedroni (2008) causality methods indicate lon-run bidirectional causality between export and economic growth. It is concluded that there is a strong cointegration relationship between export and economic growth in the 6 Turkish Republics in the long-run

Keywords: