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Türkiye’de Hizmet Ticareti ve Ekonomik Büyüme İlişkisi

Author

Listed:
  • Erol ÇAKMAK
  • Eda BOZKURT
  • Hayati AKSU
  • Ömer Selçuk EMSEN

Abstract

In this study, the relationship between service trade and GDP has been investigated for Turkish Economy. In relevant literature, the relationship between service trade and economic growth varies depending on the level of economic development and openness. The relationship is generally observed as positive for developed countries though it is indefinite for developing ones. In empirical studies carried out for the relationship between service trade and GDP, regression analysis and its advanced extensions such as unit root and co-integration analyses are generally employed. The relationship is sought out for Turkey through an ARDL approach in this study. According to test results, the effect of service trade on economic growth is negative while the effect of the other independent variable, namely openness is found as positive, both short and long run. At the development level of Turkish economy, the positive effect of service trade on economic growth has not been observed yet. As Turkey becomes more open to trade, it is expected that positive effect on economic growth will be observed.

Suggested Citation

  • Erol ÇAKMAK & Eda BOZKURT & Hayati AKSU & Ömer Selçuk EMSEN, 2011. "Türkiye’de Hizmet Ticareti ve Ekonomik Büyüme İlişkisi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 16(16).
    • Handle: RePEc:sos:sosjrn:110202
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    Keywords

    Bound Test and ARDL Model; Service Trade; and Economic Growth.;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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