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Uluslararası Ticaretin Ekonomik Gelişme Üzerinde Etkileri: Gelişmiş ve Gelişmekte Olan Ülkeler için Bulgular

Year 2019, Volume: 3 Issue: 2, 355 - 369, 30.09.2019
https://doi.org/10.31200/makuubd.622417

Abstract

Bu çalışmada, ülkelerin
ekonomik gelişmişlikleri ve ticari açıklığı arasındaki ilişki ampirik olarak
incelenmiştir. 2010-2016 döneminde 28 gelişmiş ve 30 gelişmekte olan ülke için
panel veri analizi kullanılarak bulgular elde edilmiştir. Çalışmada,
uluslararası ticaretin ülke gruplarında farklı etkilere sahip olduğu sonucuna
ulaşılmıştır. Ticari açıklık, gelişmiş ülkelerde satın alma gücü paritesine
dayalı kişi başına düşen gelir ile ölçülen ekonomik gelişmeyi pozitif
etkilerken, gelişmekte olan ülkelerde ise negatif etkilemiştir. Gelişmiş
ülkelerde, ekonomik gelişme üzerinde ticaretin dışında yatırım ve kamu
harcaması istatistiksel olarak anlamlı etkilere sahip iken gelişmekte olan
ülkelerde ise yatırım ve enflasyon istatistiksel olarak anlamlı etkilere
sahiptir.

References

  • Abrams, B. A. (1999). The Effects of Government Size on the Unemployment Rate. Public Choice 99: 395-401.
  • Alcalá, F., Ciccone A. (2004). Trade and Productivity, Quarterly Journal of Economics, 119, 2, 613– 46.
  • Anwer, M. S.. Sampath, R. K (1999). Investment and economic growth (No. 1840-2016-152256).
  • Arellano, M. (1987). Computing Robust Standart Errors For Within Group Estimators, Oxford Bulletin of Economics and Statistics, 49(4). 431-434.
  • Bahmani-Oskooee, M., Niroomand, F. (1999). Openness and growth: An empirical investigation, Applied Economics Letters,6, 557-561.
  • Barro, R. J., (1995). Inflation and economic growth. NBER Working Paper No. 5326.
  • Bejan, M. (2006). Trade openness and output volatility. Available at SSRN 965824.
  • Bonga-Bonga, L., Kinfack, E. (2019), The growth effect of trade openness on African countries: evidence from using an Instrumental Variable Panel Smooth Transition Model. https://mpra.ub.uni-muenchen.de/id/eprint/92111 Erişim Tarihi 20.08.2019.
  • Brunner, A.D. (2003). The Long-Run Effects of Trade on Income and Income Growth. IMF Working Paper WP/03/37. Washington, DC: IMF Institute.
  • Busse M., Königer J. (2012). Trade and Economic Growth: A Re-examination of the Empirical Evidence, Hamburg Institute of International Economics HWWI Research Paper 123.
  • Chang, R., Kaltani, L., & Loayza, N. V. (2009). Openness can be good for growth: The role of policy complementarities. Journal of development economics, 90(1), 33-49.
  • Dowrick, S., J. Golley. (2004). Trade Openness and Growth: Who Benefits? Oxford Review of Economic Policy, 20: 38–56.
  • Driscoll, J. C., Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent panel data, Review of Economics and Statistics, 80, 549-560.
  • Dufrenot, G., Mignon, V., & Tsangarides, C. (2010). The trade-growth nexus in the developing countries: A quantile regression approach. Review of World Economics, 146(4), 731-761.
  • Easterlin, R. A. (1967). Effects of population growth on the economic development of developing countries. The Annuals of the American Academy of Political and Social Science, 369(1), 98-108.
  • Fetahi-Vehapi M., Sadiku, L., Petkovski, M. (2015), Empirical Analysis of the Effects of Trade Openness on Economic Growth: An Evidence for South East European Countries, Procedia Economics and Finance, 19, 17 – 26.
  • Fischer, S. (1993). The role of macroeconomic factors in growth. NBER Working Paper, No. 4565.
  • Frankel J. A., Romer D. (1999), Does Trade Cause Growth?, American Economic Association, Vol. 89, No. 3, s. 379-399.
  • Freund, C., & Bolaky, B. (2008). Trade, regulations, and income. Journal of development economics, 87(2), 309-321.
  • Froot, K.A. (1989), “Consistent Covariance Matrix Estimation With Cross Sectional Dependence And Heteroskedasticity in Financial Data”, Journal of Financial and Quantitative Analysis, 24(3). 333-355.
  • Greene, W. (2000). Econometric Analysis, Upper Saddle River, NJ: Prentice--Hall.
  • Hausman, J. A. (1978). Specification tests in econometrics, Econometrica, 46, 1251–1271.
  • Huchet, M., Le Mouël, C. L. M., & Vijil, M. (2011, August). The relationship between trade openness and economic growth: some new insights on the openness measurement issue. https://hal-agrocampus-ouest.archives-ouvertes.fr/hal-00729399/file/A2_-_78_VIJIL.pdf Erişim Tarihi, 17 Eylül 2019.
  • Herzer, D. (2013). Cross-country heterogeneity and the trade-income relationship. World Development, 44, 194-211.
  • Kali, R., Mendez, F. and Reyes, J. (2007). Trade Structure and Economic Growth. The Journal of International Trade & Economic Development, 16, 245-269.
  • Kim, D. H., & Lin, S. C. (2009). Trade and growth at different stages of economic development. Journal of Development Studies, 45(8), 1211-1224.
  • Kim, D. H., Lin, S. C., & Suen, Y. B. (2011). Nonlinearity between trade openness and economic development. Review of Development Economics, 15(2), 279-292.
  • Lee, H. Y., Ricci, L. A., & Rigobon, R. (2004). Once again, is openness good for growth?. Journal of development economics, 75(2), 451-472.
  • Li, K., Morck, R., Yang, F., & Yeung, B. (2004). Firm-specific variation and openness in emerging markets. Review of Economics and Statistics, 86(3), 658-669.
  • Loizides, J.,Vamvoukas, G. (2005). Government expenditure and economic growth: Evidence from trivariate causality testing. Journal of Applied Economics, 8(1), 125-152.
  • Irwin, D. A., & Terviö, M. (2002). Does trade raise income?: Evidence from the twentieth century. Journal of International Economics, 58(1), 1-18.
  • Noguer, M., Siscart M.. (2005). Trade Raises Income: A Precise and Robust Result, Journal of International Economics, 65: 447–460.
  • Pesaran, M. H. (2004), General diagnostic tests for cross section dependence in panels, Cambridge Working Papers in Economics, No. 0435. http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe0435.pdf (Erişim tarihi 25.01.2018).
  • Rassekh, F. (2007). Is international trade more beneficial to lower income economies? An empirical inquiry. Review of Development Economics, 11(1), 159-169.
  • Rogers, W.H. (1993), “Regression Standard Errors in Clustered Samples”, Stata Technical Bulletin, 13, 19-23.
  • Salinas, G. and Aksoy, A. (2006). Growth Before and After Trade Liberalisation. World Bank Policy Research Paper No. 4062.
  • Sakyi, D., Villaverde, J., Maza, A., & Reddy Chittedi, K. (2012). Trade openness, growth and development: evidence from heterogeneous panel cointegration analysis for middle-income countries. Cuadernos de Economía, 31(SPE57), 21-40.
  • Sakyi D., Villaverde J. & Maza A. (2015), Trade openness, income levels, and economic growth: The case of developing countries, 1970–2009, The Journal of International Trade & Economic Development, 24:6, 860-882, DOI: 10.1080/09638199.2014.971422.
  • Squalli, J., Wilson, K. (2011). A new measure of trade openness. The World Economy, 34(10), 1745-1770.
  • Tatoğlu, F.Y. (2012). Panel veri ekonometrisi. İstanbul: Beta Yayıncılık.
  • Tekin, R.B. (2012). Development aid, openness to trade and economic growth in Least Developed Countries: bootstrap panel Granger causality analysis. Procedia - Social and Behavioral Sciences 62, 716 – 721.
  • Ulaşan, B., (2015). Trade openness and economic growth: panel evidence. Appl. Econ. Lett. 22 (2), 163–167.
  • United Nations. (2014). World Economic Situations and Prospects. 2014.
  • Vlastou, I. (2010). Forcing Africa to open up to trade: is it worth it? The Journal of Developing Areas, 44, 1, 25-39.
  • Villaverde, J., Maza, A. (2011). Globalisation, Growth and Convergence. The World Economy, 34(6), 952-971.
  • Vamvakidis, A. (2002). How Robust Is the Growth-Openness Connection? Historical Evidence. Journal of Economic Growth, 7 (1): 57–80.
  • Were, M. (2015). Differential effects of trade on economic growth and investment: A cross-country empirical investigation. Journal of African Trade, 2(1-2), 71-85.
  • Winters, L. A. (2004). Trade liberalisation and economic performance: an overview. The Economic Journal, 114(493), F4-F21.
  • Wooldridge, J. M. (2002). Econometric analysis of cross section and panel data. Cambridge, MA: MIT Press.
  • World Bank. (2018). World development indicators. Washington, D.C. https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS Erişim Tarihi 20.08.2019.
  • Yanikkaya, H. (2003). Trade openness and economic growth: a cross-country empirical investigation. Journal of Development Economics, 72, 57-89.
  • Zahonogo P. (2016). Trade and economic growth in developing countries: Evidence from sub-Saharan Africa, Journal of African Trade, Vol. 3, 41–56.
Year 2019, Volume: 3 Issue: 2, 355 - 369, 30.09.2019
https://doi.org/10.31200/makuubd.622417

Abstract

References

  • Abrams, B. A. (1999). The Effects of Government Size on the Unemployment Rate. Public Choice 99: 395-401.
  • Alcalá, F., Ciccone A. (2004). Trade and Productivity, Quarterly Journal of Economics, 119, 2, 613– 46.
  • Anwer, M. S.. Sampath, R. K (1999). Investment and economic growth (No. 1840-2016-152256).
  • Arellano, M. (1987). Computing Robust Standart Errors For Within Group Estimators, Oxford Bulletin of Economics and Statistics, 49(4). 431-434.
  • Bahmani-Oskooee, M., Niroomand, F. (1999). Openness and growth: An empirical investigation, Applied Economics Letters,6, 557-561.
  • Barro, R. J., (1995). Inflation and economic growth. NBER Working Paper No. 5326.
  • Bejan, M. (2006). Trade openness and output volatility. Available at SSRN 965824.
  • Bonga-Bonga, L., Kinfack, E. (2019), The growth effect of trade openness on African countries: evidence from using an Instrumental Variable Panel Smooth Transition Model. https://mpra.ub.uni-muenchen.de/id/eprint/92111 Erişim Tarihi 20.08.2019.
  • Brunner, A.D. (2003). The Long-Run Effects of Trade on Income and Income Growth. IMF Working Paper WP/03/37. Washington, DC: IMF Institute.
  • Busse M., Königer J. (2012). Trade and Economic Growth: A Re-examination of the Empirical Evidence, Hamburg Institute of International Economics HWWI Research Paper 123.
  • Chang, R., Kaltani, L., & Loayza, N. V. (2009). Openness can be good for growth: The role of policy complementarities. Journal of development economics, 90(1), 33-49.
  • Dowrick, S., J. Golley. (2004). Trade Openness and Growth: Who Benefits? Oxford Review of Economic Policy, 20: 38–56.
  • Driscoll, J. C., Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent panel data, Review of Economics and Statistics, 80, 549-560.
  • Dufrenot, G., Mignon, V., & Tsangarides, C. (2010). The trade-growth nexus in the developing countries: A quantile regression approach. Review of World Economics, 146(4), 731-761.
  • Easterlin, R. A. (1967). Effects of population growth on the economic development of developing countries. The Annuals of the American Academy of Political and Social Science, 369(1), 98-108.
  • Fetahi-Vehapi M., Sadiku, L., Petkovski, M. (2015), Empirical Analysis of the Effects of Trade Openness on Economic Growth: An Evidence for South East European Countries, Procedia Economics and Finance, 19, 17 – 26.
  • Fischer, S. (1993). The role of macroeconomic factors in growth. NBER Working Paper, No. 4565.
  • Frankel J. A., Romer D. (1999), Does Trade Cause Growth?, American Economic Association, Vol. 89, No. 3, s. 379-399.
  • Freund, C., & Bolaky, B. (2008). Trade, regulations, and income. Journal of development economics, 87(2), 309-321.
  • Froot, K.A. (1989), “Consistent Covariance Matrix Estimation With Cross Sectional Dependence And Heteroskedasticity in Financial Data”, Journal of Financial and Quantitative Analysis, 24(3). 333-355.
  • Greene, W. (2000). Econometric Analysis, Upper Saddle River, NJ: Prentice--Hall.
  • Hausman, J. A. (1978). Specification tests in econometrics, Econometrica, 46, 1251–1271.
  • Huchet, M., Le Mouël, C. L. M., & Vijil, M. (2011, August). The relationship between trade openness and economic growth: some new insights on the openness measurement issue. https://hal-agrocampus-ouest.archives-ouvertes.fr/hal-00729399/file/A2_-_78_VIJIL.pdf Erişim Tarihi, 17 Eylül 2019.
  • Herzer, D. (2013). Cross-country heterogeneity and the trade-income relationship. World Development, 44, 194-211.
  • Kali, R., Mendez, F. and Reyes, J. (2007). Trade Structure and Economic Growth. The Journal of International Trade & Economic Development, 16, 245-269.
  • Kim, D. H., & Lin, S. C. (2009). Trade and growth at different stages of economic development. Journal of Development Studies, 45(8), 1211-1224.
  • Kim, D. H., Lin, S. C., & Suen, Y. B. (2011). Nonlinearity between trade openness and economic development. Review of Development Economics, 15(2), 279-292.
  • Lee, H. Y., Ricci, L. A., & Rigobon, R. (2004). Once again, is openness good for growth?. Journal of development economics, 75(2), 451-472.
  • Li, K., Morck, R., Yang, F., & Yeung, B. (2004). Firm-specific variation and openness in emerging markets. Review of Economics and Statistics, 86(3), 658-669.
  • Loizides, J.,Vamvoukas, G. (2005). Government expenditure and economic growth: Evidence from trivariate causality testing. Journal of Applied Economics, 8(1), 125-152.
  • Irwin, D. A., & Terviö, M. (2002). Does trade raise income?: Evidence from the twentieth century. Journal of International Economics, 58(1), 1-18.
  • Noguer, M., Siscart M.. (2005). Trade Raises Income: A Precise and Robust Result, Journal of International Economics, 65: 447–460.
  • Pesaran, M. H. (2004), General diagnostic tests for cross section dependence in panels, Cambridge Working Papers in Economics, No. 0435. http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe0435.pdf (Erişim tarihi 25.01.2018).
  • Rassekh, F. (2007). Is international trade more beneficial to lower income economies? An empirical inquiry. Review of Development Economics, 11(1), 159-169.
  • Rogers, W.H. (1993), “Regression Standard Errors in Clustered Samples”, Stata Technical Bulletin, 13, 19-23.
  • Salinas, G. and Aksoy, A. (2006). Growth Before and After Trade Liberalisation. World Bank Policy Research Paper No. 4062.
  • Sakyi, D., Villaverde, J., Maza, A., & Reddy Chittedi, K. (2012). Trade openness, growth and development: evidence from heterogeneous panel cointegration analysis for middle-income countries. Cuadernos de Economía, 31(SPE57), 21-40.
  • Sakyi D., Villaverde J. & Maza A. (2015), Trade openness, income levels, and economic growth: The case of developing countries, 1970–2009, The Journal of International Trade & Economic Development, 24:6, 860-882, DOI: 10.1080/09638199.2014.971422.
  • Squalli, J., Wilson, K. (2011). A new measure of trade openness. The World Economy, 34(10), 1745-1770.
  • Tatoğlu, F.Y. (2012). Panel veri ekonometrisi. İstanbul: Beta Yayıncılık.
  • Tekin, R.B. (2012). Development aid, openness to trade and economic growth in Least Developed Countries: bootstrap panel Granger causality analysis. Procedia - Social and Behavioral Sciences 62, 716 – 721.
  • Ulaşan, B., (2015). Trade openness and economic growth: panel evidence. Appl. Econ. Lett. 22 (2), 163–167.
  • United Nations. (2014). World Economic Situations and Prospects. 2014.
  • Vlastou, I. (2010). Forcing Africa to open up to trade: is it worth it? The Journal of Developing Areas, 44, 1, 25-39.
  • Villaverde, J., Maza, A. (2011). Globalisation, Growth and Convergence. The World Economy, 34(6), 952-971.
  • Vamvakidis, A. (2002). How Robust Is the Growth-Openness Connection? Historical Evidence. Journal of Economic Growth, 7 (1): 57–80.
  • Were, M. (2015). Differential effects of trade on economic growth and investment: A cross-country empirical investigation. Journal of African Trade, 2(1-2), 71-85.
  • Winters, L. A. (2004). Trade liberalisation and economic performance: an overview. The Economic Journal, 114(493), F4-F21.
  • Wooldridge, J. M. (2002). Econometric analysis of cross section and panel data. Cambridge, MA: MIT Press.
  • World Bank. (2018). World development indicators. Washington, D.C. https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS Erişim Tarihi 20.08.2019.
  • Yanikkaya, H. (2003). Trade openness and economic growth: a cross-country empirical investigation. Journal of Development Economics, 72, 57-89.
  • Zahonogo P. (2016). Trade and economic growth in developing countries: Evidence from sub-Saharan Africa, Journal of African Trade, Vol. 3, 41–56.
There are 52 citations in total.

Details

Primary Language Turkish
Subjects Economics
Journal Section Articles
Authors

Süreyya Kovacı 0000-0001-7718-0343

Publication Date September 30, 2019
Acceptance Date September 24, 2019
Published in Issue Year 2019 Volume: 3 Issue: 2

Cite

APA Kovacı, S. (2019). Uluslararası Ticaretin Ekonomik Gelişme Üzerinde Etkileri: Gelişmiş ve Gelişmekte Olan Ülkeler için Bulgular. Mehmet Akif Ersoy Üniversitesi Uygulamalı Bilimler Dergisi, 3(2), 355-369. https://doi.org/10.31200/makuubd.622417


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