Marginal Propensity to Import in The Relationship Between Imports and National Income with Numerical Simulation: The Case of Türkiye
Abstract
The study aims to determine the level of marginal propensity to import in Türkiye and the relationship between national income and imports by using annual real national income and import data for the period 2000-2023. For this purpose, two different methods were used in the study. First, simulation data was produced in the R Studio program and the marginal propensity to import was estimated with the simulated data. The findings obtained through simulation were subjected to t test. Then, a simple linear regression model was established to determine the relationship between national income and imports. According to the findings, the marginal propensity to import in Türkiye was determined to be approximately 50%. Additionally, a relationship was detected between the variables in the regression model.
Keywords
References
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