Does trade liberalization cause a long run economic growth in Turkey

Basit Öğe Kaydı
dc.authorscopusid6506329144
dc.authorscopusid57212093650
dc.contributor.authorUtkulu, U.
dc.contributor.authorÖzdemir, D.
dc.date.accessioned2024-07-18T20:16:48Z
dc.date.available2024-07-18T20:16:48Z
dc.date.issued2004
dc.description.abstractBased on 'endogenous' growth theory, the paper examines the effect of trade liberalization on long-run income per capita and economic growth in Turkey. Although the presumption must be that free trade has a beneficial effect on long run growth, counter examples can also be found. This controversy increases the importance of empirical work in this area. Using the most recent data we employ multivariate cointegration analysis to test the long run relationship among the variables in hand. In a multivariate context, the effect of determinants such as increasing returns to scale, investment in human and physical capital are also included in both theoretical and empirical works. Our causality evidence between the long run growth and a number of indicators of trade liberalizations confirms the predictions of the 'new growth theory'. However, the overall effect of the possible breaks and/ or policy change and unsustainability in the 1990s looks contradictory and deserves further investigation. © Springer 2004.en_US
dc.identifier.doi10.1007/s10644-005-8080-8
dc.identifier.endpage266en_US
dc.identifier.issn0013-0451
dc.identifier.issue3-4en_US
dc.identifier.scopus2-s2.0-29444434460en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage245en_US
dc.identifier.urihttps://doi.org/10.1007/s10644-005-8080-8
dc.identifier.urihttps://hdl.handle.net/11411/6277
dc.identifier.volume37en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringer Netherlandsen_US
dc.relation.ispartofEconomics of Planningen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic Growthen_US
dc.subjectOpennessen_US
dc.subjectTurkeyen_US
dc.subjectEconomic Growthen_US
dc.subjectGrowth Rateen_US
dc.subjectTrade Liberalizationen_US
dc.subjectEurasiaen_US
dc.subjectTurkeyen_US
dc.titleDoes trade liberalization cause a long run economic growth in Turkeyen_US
dc.typeArticleen_US

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