The Effect of Transportation Infrastructure in Turkish Economy on Economic Growth

Abstract

Infrastructure investments can be used as a means of long-term economic policies and the need for the improvement of transportation infrastructure, which is among the infrastructure investments, is increasing day by day. This is due to the advantages transport infrastructure provides in terms of transport, such as saving of time and ease of access, as well as its contribution to economic growth.    Considering the transport infrastructure of the countries that lead world trade, it is seen that the highway network is highly advanced and the highway network can be determinative of economic development. Most of the investments in transportation infrastructure in Turkey are made on highways. In this study, the long-term relationship between the transportation infrastructure based on the length of highways in Turkey and economic growth is studied by using Cobb-Douglas production function. Using Johansen cointegration test based on the VAR analysis performed using annual data from 1988-2015, it was found out that the long-term changes in the transport infrastructure in Turkey affect the economic growth in positively and significantly.  

Keywords

• Infrastructure Investment,Economic Growth,Transportation,VAR Analysis

Türkiye Ekonomisinde Ulaşım Altyapısının Ekonomik Büyümeye Etkisi

Abstract

Altyapı yatırımları, uzun dönem ekonomi politikalarının bir aracı olarak kullanılabilmekte ve altyapı yatırımları içerisinde yer alan ulaşım altyapısının geliştirilmesine duyulan ihtiyaç ise gün geçtikçe artmaktadır. Bunun nedeni ulaşım altyapısının zaman tasarrufu ve erişim kolaylığı gibi ulaştırmaya yönelik faydalarının yanı sıra ekonomik büyümeye olan katkısıdır. Dünya ticaretinde yönlendirici olan ülkelerin ulaşım altyapısı değerlendirildiğinde karayolu ağının oldukça gelişmiş olduğu görülmekte ve karayolu altyapısı ekonomik gelişmenin belirleyicisi olabilmektedir. Türkiye’de de ulaşım altyapısına yapılan yatırımların çoğunluğunu karayolu oluşturmaktadır. Bu çalışmada Türkiye’deki karayolu uzunluklarından faydalanılarak ulaşım altyapısı ve ekonomik büyüme arasındaki uzun dönemli ilişki Cobb-Douglas üretim fonksiyonu yardımıyla incelenmiştir. 1988-2015 dönemi yıllık veriler kullanılarak yapılan VAR analizine dayalı Johansen eşbütünleşme testiyle uzun dönemde Türkiye’deki ulaşım altyapısındaki değişimin ekonomik büyümeyi pozitif ve anlamlı şekilde etkilediği sonucuna ulaşılmıştır.  

Keywords

• Altyapı Yatırımı,Ekonomik Büyüme,Ulaşım,VAR Analizi

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