TY - JOUR T1 - Economic Growth, Export and Eximbank Loans: Toda-Yamamoto Causality Test TT - Ekonomik Büyüme, İhracat ve Eximbank Kredileri: Toda-Yamamoto Nedensellik Analizi AU - Özaytürk, İbrahim PY - 2025 DA - August Y2 - 2025 DO - 10.52642/susbed.1713947 JF - Selçuk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi JO - SUSBED PB - Selçuk Üniversitesi WT - DergiPark SN - 2667-4750 SP - 317 EP - 326 IS - 57 LA - en AB - Following the choices made on January 24, Türkiye has transitioned to an export-oriented economic development model, marking a significant shift in its economic strategy. In subsequent years, the Turkish economy has endeavored to integrate more with the global economy and align with the liberalization mandates of the contemporary era. The implementation of an export-oriented economic growth model necessitated resources to finance the export-driven production strategy, leading to the establishment of Eximbank in 1987 to address this resource requirement. Eximbank, primarily established to finance exports, also indirectly fosters the expansion of the Turkish economy. This study aims to examine the causal link between net exports, which directly influence economic growth, and the financing extended by Eximbank. The study will look at how economic growth, Eximbank loans, and Türkiye's exports are connected by using the Toda-Yamamoto (1995) Causality Test on data from 1999 to 2024, after checking for stability with ADF and PP Unit Root Tests. The study indicates that fluctuations in Eximbank credits may influence exports and economic growth, while economic growth may concurrently affect Eximbank credits and exports. The study's conclusion also presents recommendations pertinent to the research. KW - International Economics KW - Export KW - Economic Growth KW - Eximbank Loans N2 - 24 Ocak kararlarıyla birlikte ekonomik büyüme modelinde köklü değişime giden Türkiye, bu tarihten itibaren büyüme modeli olarak ihracata dayılı bir ekonomik büyüme modelini benimsemiştir. İlerleyen yıllar itibariyle dünya ekonomine daha fazla entegre olmaya başlayan Türk ekonomisi, çağın gerektirdiği ekonomide liberalleşmeye ayak uydurmaya çalışmıştır. İhracata dayalı bir ekonomik büyüme modelinin benimsenmesi neticesinde ihracata dayalı üretim şeklinin finansmanı için kaynak ihtiyacı doğmuş ve bu kaynak ihtiyacının finansmanı için 1987 yılında Eximbank kurulmuştur. Temel amacı ihracatın finansmanı olan Eximbank, aynı zamanda Türkiye ekonomisinin büyümesine de dolaylı yoldan katkı sağlamaktadır. Bu çalışmada, ekonomik büyümeye direk etkisi bulunan net ihracatla Eximbank tarafından sağlanan krediler arasındaki nedensellik ilişkisi araştırılmak istenmektedir. Ekonomik büyüme, Eximbank kredileri ve Türkiye’nin ihracatı arasındaki nedensel ilişkinin 1999-2024 yıllarını kapsayan veri seti kullanılarak Toda-Yamamoto (1995) Nedensellik Testi ile araştırılacağı çalışmada önce ADF ve PP Birim kök Testleri yapılmıştır. Çalışmanın sonucunda, Eximbank kredilerindeki bir değişmenin ihracat ve ekonomik büyümenin nedenseli olabileceği; aynı zamanda ekonomik büyümenin de Eximbank kredilerinin ve ihracatın bir nedenseli olabileceği ortaya konulmuştur. Çalışmanın sonuç kısmında çalışma ile ilgili görüşlere de yer verilmektedir. CR - Abraham, F. & Dewit, G. (2000). Export Promotion via Official Export Insurance. Open Economies Review, 11(1), 5-26. Doi: 10.1023/A:1008388511974. CR - Agarwal, N. & Wang, Z. (2016). Does The US Exim Bank Really Promote US Exports?. The World Economy, 41(5), 1378-1414. doi:/10.1111/twec.12537 CR - Al-Yousif, Y. K. (2002). Financial Development and Economic Growth: Another Look at the Evidence from Developing Countries. 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International Journal of Economic Policy in Emerging Economies, 7(1), 22-34. doi:10.1504/IJEPEE.2014.059898 UR - https://doi.org/10.52642/susbed.1713947 L1 - https://dergipark.org.tr/tr/download/article-file/4935018 ER -