MENA Ülkelerinde Ticari Dışa Açıklık Ve Ekonomik Büyüme İlişkisi: Bootstrap Panel Granger Nedensellik Analizi

Year 2019, , 289 - 301, 31.12.2019

Merve Kocaman

https://doi.org/10.30784/epfad.643015

Cited By: 1

Abstract

Bu çalışmada ticari dışa açıklık ile ekonomik büyüme arasındaki nedensellik
ilişkisi, 10 MENA ülkesine ait 1976-2017 yıllarını kapsayan verilerle analiz
edilmeye çalışılmıştır. Nedensellik ilişkisini test edebilmek için, yatay kesit
bağımlılığı ve eğim heterojenliği konularını dikkate alan, Konya (2006)
tarafından geliştirilmiş olan bootstrap granger nedensellik testi uygulanmıştır.
Bu bağlamda, öncelikle yatay kesit bağımlılığı ve eğim homojenliği testleri
yapılmış, kesitler arası bağımlılık olduğu ve eğimin heterojen olduğu görüldükten
sonra bootstrap nedensellik testi uygulanmıştır. Tahmin sonuçları ele alınan
ülkelerde ticari dışa açıklık ve ekonomik büyüme arasında güçlü bir nedensellik
ilişkisi olmadığını göstermektedir. Sadece Mısır ve Ürdün’de ticari dışa
açıklıktan ekonomik büyümeye pozitif nedensellik olduğu sonucuna ulaşılmıştır.
Öte yandan, büyümeden ticari dışa açıklığa nedensellik ilişkisi ise Suudi
Arabistan ve İsrail için tespit edilmiştir. Nedenselliğin işareti Suudi
Arabistan için pozitif iken, İsrail için negatiftir. Elde edilen bulgulara
göre; ticari dışa açıklık ya da ticari liberalizasyonun ele alınan ülkelerin
çoğunun ekonomik büyümesi üzerinde anlamlı bir etkisi yoktur.

Keywords

Ticari Dışa Açıklık, Ekonomik Büyüme, Panel Veri Analizi

Trade Openness and Economic Growth in MENA Countries: A Bootstrap Panel Granger Causality Analysis

Abstract

This
study examines the causal relationship between trade opennes and  economic growth for 10 MENA countries by
using panel data framework over the period of 1976 and 2017. To see the
causality relationship bootstrap granger causality approach applied that
considers the both cross-sectional dependency and slope heterogeneity issues
among countries. In this context, firstly the cross-sectional dependency and
slope homogeneity tests were conducted, after seeing the cross-sectional dependency
and the slope hetereogeneity, the bootstrap causality test was applied.
Obtained results do not exhibit strong causal relationship between economic
growth and trade openness for the sample countries. There is positive causality
from trade openness to growth only for Eagypt and Jordan. On the other hand,
growth do cause trade openness only for Saudi Arabia and Israel. While sign of
the causality is positive for Saudi Arabia, it is negative for Israel. Results
imply that trade openness or trade liberalization do not have a significant
effect on economic growth for the sample countries.

Keywords

Trade Openness, Economic Growth, Panel Data Analysis

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