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IMPACT OF EXPORT AND IMPORT ON ECONOMIC GROWTH IN KYRGYZSTAN

Year 2018, Issue: 78, 14 - 18, 01.07.2018

Abstract

Analyzing the relationship between export, import and economic growth is considered to be as
one of the actual issues. The main objective of this study is to examine the existence of a dynamic
link between foreign trade and economic growth in Kyrgyzstan. The relationship between export,
import and economic growth was explored by using Granger causality test. In addition, with the
help of spatial econometrics, the relationship between economic growth and foreign trade was also
confirmed.

References

  • Aktaş, C. Türkiye’nin İhracat, İthalat ve konomik Büyüme Arasındaki Nedensellik Analizi // Kocaeli Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. – 2009. – № 18(2). – S. 35-47.
  • Afxentiou, P.C. & Serletis, A. Openness in the Canadian Economy: 1870-1988 // Applied Economics. – 1992. – # 24(11). – P. 1191-98.
  • Chang R., L. Kaltani & N. Loayza. Openness Can be Good for Growth: the Role of Policy Complementarities. Word Bank Policy Research Paper 3763. – Washington, DC: World Bank, 2005.
  • Gül E., Kamacı A. & Konya S. Dış Ticaretin Büyüme Üzerine Etkileri Türk Cumhuriyetleri ve Türkiye Örneği // Akademik Bakış Dergisi. – 2013. – № 35 (Mart, Nisan). – S. 1-12.
  • Erlat, H. Nedensellik Sınamaları Üzerine // ODTÜ Gelişme Dergisi. – 1983. – № 10(1). – P. 65-96.
  • Jouini, J. Linkage between international trade and economic growth in GCC countries: empirical evidence from PMG estimation approach // The Journal of International Trade & Economic Development. – 2015. – № 24 (3). – P. 341–372.
  • Жолдошбеков, Т., Байгонушова, Д. Тышкы соода жана экономикалык өнүгүү арасындагы байланыш: Кыргызстандын мисалында // Реформа. – 2017. – № 2 (74). – S. 14-23.
  • Kim, D.-H. Trade growth and income // The Journal of International Trade & Economic Development. – 2011. – № 20 (5). – P. 677–709.
  • Küçükaksoy İ., İ. Çiftçi & R.İ. Özek İhracata Dayalı Büyüme Hipotezi Türkiye Uygulaması // Çankırı Karatekin Üniversitesi İİBF Dergisi. – 2015. – №2. – B. 691-720.
  • Койчуев, Т. К., Койчуева, М.Т. Теория и практика экономического развития в переходный период // Reforma. – 2001. – № 1. – С. 1-8.
  • Liu, X., Song, H. & Romilly, P. An Empirical Investigation of the Causal Relationship between Openness and Economic Growth in China // Applied Economics, – 1997. – № 29, 1679-87.
  • Musila, J.W. & Yiheyis, Z. The impact of trade openness on growth: the case of Kenya // Journal of Policy Modeling. – 2015. – № 37. – Р. 342-354.
  • Oskonbaeva, Z. Openness growth nexus: Evidence from transition countries // Reforma. – 2017. – № 4 (76). – Р. 7-13.
  • Riezman, R.G., Whiteman, C.H. & Summers, P.M. The Engine of Growth or its Handmaiden? A time-Series Assessment of Export-Led Growth // Empirical Economics, – 1996. – № 21(1). – Р. 77-110.
  • Taştan H. Türkiye’de İhracat, İthalat ve ekonomik Büyüme Arasındaki Nedensellik İlişkilerinin Spektral Analizi // Ekonomi Bilimleri Dergisi. – 2010. – № 2(1). – Б. 87-98.
  • Tsen, W.H. Granger Causality Tests Among Openness to International Trade, Human Capital Accumulation and Economic Growth in China: 1952-1999 // International Economic Journal. – 2006. – № 20(3). – Р. 285-302.
  • Ulaşan, B. Trade openness and economic growth: panel evidence // Applied Economics Letters. – 2015. – № 22 (2). – Р. 163–167.
  • www.stat.kg
  • www.nbkr.kg

ВЛИЯНИЕ ЭКСПОРТА И ИМПОРТА НА ЭКОНОМИЧЕСКИЙ РОСТ В КЫРГЫЗСТАНЕ

Year 2018, Issue: 78, 14 - 18, 01.07.2018

Abstract

Исследование взаимосвязи между внешней торговлей и экономическим ростом является
одним из актуальных вопросов. Основная цель данной работы – исследовать наличие
динамичной связи между экспортом, импортом и экономическим ростом в Кыргызстане. При
помощи теста Грейнджера была изучена взаимосвязь между внешней торговлей и
экономическим ростом. Кроме того, при помощи пространственной эконометрики также
была потдверждена взаимосвязь между экономическим ростом и внешней торговлей. 

References

  • Aktaş, C. Türkiye’nin İhracat, İthalat ve konomik Büyüme Arasındaki Nedensellik Analizi // Kocaeli Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. – 2009. – № 18(2). – S. 35-47.
  • Afxentiou, P.C. & Serletis, A. Openness in the Canadian Economy: 1870-1988 // Applied Economics. – 1992. – # 24(11). – P. 1191-98.
  • Chang R., L. Kaltani & N. Loayza. Openness Can be Good for Growth: the Role of Policy Complementarities. Word Bank Policy Research Paper 3763. – Washington, DC: World Bank, 2005.
  • Gül E., Kamacı A. & Konya S. Dış Ticaretin Büyüme Üzerine Etkileri Türk Cumhuriyetleri ve Türkiye Örneği // Akademik Bakış Dergisi. – 2013. – № 35 (Mart, Nisan). – S. 1-12.
  • Erlat, H. Nedensellik Sınamaları Üzerine // ODTÜ Gelişme Dergisi. – 1983. – № 10(1). – P. 65-96.
  • Jouini, J. Linkage between international trade and economic growth in GCC countries: empirical evidence from PMG estimation approach // The Journal of International Trade & Economic Development. – 2015. – № 24 (3). – P. 341–372.
  • Жолдошбеков, Т., Байгонушова, Д. Тышкы соода жана экономикалык өнүгүү арасындагы байланыш: Кыргызстандын мисалында // Реформа. – 2017. – № 2 (74). – S. 14-23.
  • Kim, D.-H. Trade growth and income // The Journal of International Trade & Economic Development. – 2011. – № 20 (5). – P. 677–709.
  • Küçükaksoy İ., İ. Çiftçi & R.İ. Özek İhracata Dayalı Büyüme Hipotezi Türkiye Uygulaması // Çankırı Karatekin Üniversitesi İİBF Dergisi. – 2015. – №2. – B. 691-720.
  • Койчуев, Т. К., Койчуева, М.Т. Теория и практика экономического развития в переходный период // Reforma. – 2001. – № 1. – С. 1-8.
  • Liu, X., Song, H. & Romilly, P. An Empirical Investigation of the Causal Relationship between Openness and Economic Growth in China // Applied Economics, – 1997. – № 29, 1679-87.
  • Musila, J.W. & Yiheyis, Z. The impact of trade openness on growth: the case of Kenya // Journal of Policy Modeling. – 2015. – № 37. – Р. 342-354.
  • Oskonbaeva, Z. Openness growth nexus: Evidence from transition countries // Reforma. – 2017. – № 4 (76). – Р. 7-13.
  • Riezman, R.G., Whiteman, C.H. & Summers, P.M. The Engine of Growth or its Handmaiden? A time-Series Assessment of Export-Led Growth // Empirical Economics, – 1996. – № 21(1). – Р. 77-110.
  • Taştan H. Türkiye’de İhracat, İthalat ve ekonomik Büyüme Arasındaki Nedensellik İlişkilerinin Spektral Analizi // Ekonomi Bilimleri Dergisi. – 2010. – № 2(1). – Б. 87-98.
  • Tsen, W.H. Granger Causality Tests Among Openness to International Trade, Human Capital Accumulation and Economic Growth in China: 1952-1999 // International Economic Journal. – 2006. – № 20(3). – Р. 285-302.
  • Ulaşan, B. Trade openness and economic growth: panel evidence // Applied Economics Letters. – 2015. – № 22 (2). – Р. 163–167.
  • www.stat.kg
  • www.nbkr.kg

IMPACT OF EXPORT AND IMPORT ON ECONOMIC GROWTH IN KYRGYZSTAN

Year 2018, Issue: 78, 14 - 18, 01.07.2018

Abstract

Analyzing the relationship between export, import and economic growth is considered to be as
one of the actual issues. The main objective of this study is to examine the existence of a dynamic
link between foreign trade and economic growth in Kyrgyzstan. The relationship between export,
import and economic growth was explored by using Granger causality test. In addition, with the
help of spatial econometrics, the relationship between economic growth and foreign trade was also
confirmed.

References

  • Aktaş, C. Türkiye’nin İhracat, İthalat ve konomik Büyüme Arasındaki Nedensellik Analizi // Kocaeli Üniversitesi Sosyal Bilimler Enstitüsü Dergisi. – 2009. – № 18(2). – S. 35-47.
  • Afxentiou, P.C. & Serletis, A. Openness in the Canadian Economy: 1870-1988 // Applied Economics. – 1992. – # 24(11). – P. 1191-98.
  • Chang R., L. Kaltani & N. Loayza. Openness Can be Good for Growth: the Role of Policy Complementarities. Word Bank Policy Research Paper 3763. – Washington, DC: World Bank, 2005.
  • Gül E., Kamacı A. & Konya S. Dış Ticaretin Büyüme Üzerine Etkileri Türk Cumhuriyetleri ve Türkiye Örneği // Akademik Bakış Dergisi. – 2013. – № 35 (Mart, Nisan). – S. 1-12.
  • Erlat, H. Nedensellik Sınamaları Üzerine // ODTÜ Gelişme Dergisi. – 1983. – № 10(1). – P. 65-96.
  • Jouini, J. Linkage between international trade and economic growth in GCC countries: empirical evidence from PMG estimation approach // The Journal of International Trade & Economic Development. – 2015. – № 24 (3). – P. 341–372.
  • Жолдошбеков, Т., Байгонушова, Д. Тышкы соода жана экономикалык өнүгүү арасындагы байланыш: Кыргызстандын мисалында // Реформа. – 2017. – № 2 (74). – S. 14-23.
  • Kim, D.-H. Trade growth and income // The Journal of International Trade & Economic Development. – 2011. – № 20 (5). – P. 677–709.
  • Küçükaksoy İ., İ. Çiftçi & R.İ. Özek İhracata Dayalı Büyüme Hipotezi Türkiye Uygulaması // Çankırı Karatekin Üniversitesi İİBF Dergisi. – 2015. – №2. – B. 691-720.
  • Койчуев, Т. К., Койчуева, М.Т. Теория и практика экономического развития в переходный период // Reforma. – 2001. – № 1. – С. 1-8.
  • Liu, X., Song, H. & Romilly, P. An Empirical Investigation of the Causal Relationship between Openness and Economic Growth in China // Applied Economics, – 1997. – № 29, 1679-87.
  • Musila, J.W. & Yiheyis, Z. The impact of trade openness on growth: the case of Kenya // Journal of Policy Modeling. – 2015. – № 37. – Р. 342-354.
  • Oskonbaeva, Z. Openness growth nexus: Evidence from transition countries // Reforma. – 2017. – № 4 (76). – Р. 7-13.
  • Riezman, R.G., Whiteman, C.H. & Summers, P.M. The Engine of Growth or its Handmaiden? A time-Series Assessment of Export-Led Growth // Empirical Economics, – 1996. – № 21(1). – Р. 77-110.
  • Taştan H. Türkiye’de İhracat, İthalat ve ekonomik Büyüme Arasındaki Nedensellik İlişkilerinin Spektral Analizi // Ekonomi Bilimleri Dergisi. – 2010. – № 2(1). – Б. 87-98.
  • Tsen, W.H. Granger Causality Tests Among Openness to International Trade, Human Capital Accumulation and Economic Growth in China: 1952-1999 // International Economic Journal. – 2006. – № 20(3). – Р. 285-302.
  • Ulaşan, B. Trade openness and economic growth: panel evidence // Applied Economics Letters. – 2015. – № 22 (2). – Р. 163–167.
  • www.stat.kg
  • www.nbkr.kg
There are 19 citations in total.

Details

Primary Language Russian
Journal Section Research Article
Authors

Zamira Oskonbaeva

Publication Date July 1, 2018
Submission Date April 1, 2018
Published in Issue Year 2018 Issue: 78

Cite

APA Oskonbaeva, Z. (2018). ВЛИЯНИЕ ЭКСПОРТА И ИМПОРТА НА ЭКОНОМИЧЕСКИЙ РОСТ В КЫРГЫЗСТАНЕ. Reforma, 2(78), 14-18.