Ihracat ve Ekonomik Büyüme Iliskisi: 12 Geçis Ekonomisi Örneginde Panel Estümlesme ve Panel Nedensellik Analizleri/Relationship between Export and Economic Growth: Panel Cointegration and Panel Causality Analysis in 12 Transition Economies Case

This paper uses panel cointigration and panel causality approaches to investigate relationship between export and economic growth in the case of twelve members of former Soviet Union transition economies. Export of raw materials, energy, agricultural products and mining materials constitute the majo...

Full description

Saved in:
Bibliographic Details
Published in:Ege akademik bakıs 2011-04, Vol.11 (2), p.241
Main Author: Agayev, Seymur
Format: Article
Language:Turkish
Subjects:
Causality
Economic growth
Exports
Transition economies
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper uses panel cointigration and panel causality approaches to investigate relationship between export and economic growth in the case of twelve members of former Soviet Union transition economies. Export of raw materials, energy, agricultural products and mining materials constitute the major portion of total export of these countries. The findings indicate that there is not causality runs from export growth to economic growth. This suggests that export-led growth hypothesis is not supported for twelve transition countries. The study result indicates that economic growth contributes to export growth in short-run and long-run. [PUBLICATION ABSTRACT]
ISSN:1303-099X