Yıl 2020, Cilt 2 , Sayı 3, Sayfalar 471 - 486 2020-07-22

The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach
The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach

Onur ERCAN [1]


How the income, which expresses the value obtained by the factor owners as a result of the production process, is distributed among individuals is important for socio-economic development as well as how it is obtained. Because income distribution is affected by many macroeconomic variables and affects economies of the countries. According to the Stolper-Samuelson Theorem, which explains the effects of free foreign trade on income distribution, the trade liberalization process reveals a trend of equalization in income distribution. The main purpose of the current study is to test whether free trade yields a synchronized trend in the distribution of income for Turkey within the framework of the Stolper-Samuelson theorem. In this study, commercial openness and income distribution inequality relationship was analyzed using data for years 1987-2018 in Turkey by Toda-Yamamoto causality. As a result of the econometric analysis, it was found out that the determination of a one-way causality from the real commercial openness to the income distribution inequality does not reveal a tendency to equalization in the income distribution, as opposed to what is suggested in the Stolper-Samuelson Theorem.

How the income, which expresses the value obtained by the factor owners as a result of the production process, is distributed among individuals is important for socio-economic development as well as how it is obtained. Because income distribution is affected by many macroeconomic variables and affects economies of the countries. According to the Stolper-Samuelson Theorem, which explains the effects of free foreign trade on income distribution, the trade liberalization process reveals a trend of equalization in income distribution. The main purpose of the current study is to test whether free trade yields a synchronized trend in the distribution of income for Turkey within the framework of the Stolper-Samuelson theorem. In this study, commercial openness and income distribution inequality relationship was analyzed using data for years 1987-2018 in Turkey by Toda-Yamamoto causality. As a result of the econometric analysis, it was found out that the determination of a one-way causality from the real commercial openness to the income distribution inequality does not reveal a tendency to equalization in the income distribution, as opposed to what is suggested in the Stolper-Samuelson Theorem.
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Birincil Dil tr
Konular İktisat
Bölüm Research Articles
Yazarlar

Orcid: 0000-0002-9187-6715
Yazar: Onur ERCAN (Sorumlu Yazar)
Kurum: Eskişehir Osmangazi Üniversitesi
Ülke: Turkey


Tarihler

Yayımlanma Tarihi : 22 Temmuz 2020

Bibtex @araştırma makalesi { bilturk739956, journal = {BİLTÜRK Journal of Economics and Related Studies}, issn = {}, eissn = {2667-5927}, address = {http://dergipark.gov.tr}, publisher = {Fatih DEYNELİ}, year = {2020}, volume = {2}, pages = {471 - 486}, doi = {10.47103/bilturk.739956}, title = {The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach}, key = {cite}, author = {Ercan, Onur} }
APA Ercan, O . (2020). The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach . BİLTÜRK Journal of Economics and Related Studies , 2 (3) , 471-486 . DOI: 10.47103/bilturk.739956
MLA Ercan, O . "The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach" . BİLTÜRK Journal of Economics and Related Studies 2 (2020 ): 471-486 <https://dergipark.org.tr/tr/pub/bilturk/issue/56057/739956>
Chicago Ercan, O . "The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach". BİLTÜRK Journal of Economics and Related Studies 2 (2020 ): 471-486
RIS TY - JOUR T1 - The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach AU - Onur Ercan Y1 - 2020 PY - 2020 N1 - doi: 10.47103/bilturk.739956 DO - 10.47103/bilturk.739956 T2 - BİLTÜRK Journal of Economics and Related Studies JF - Journal JO - JOR SP - 471 EP - 486 VL - 2 IS - 3 SN - -2667-5927 M3 - doi: 10.47103/bilturk.739956 UR - https://doi.org/10.47103/bilturk.739956 Y2 - 2020 ER -
EndNote %0 BİLTÜRK Ekonomi ve İlişkili Çalışmalar Dergisi The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach %A Onur Ercan %T The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach %D 2020 %J BİLTÜRK Journal of Economics and Related Studies %P -2667-5927 %V 2 %N 3 %R doi: 10.47103/bilturk.739956 %U 10.47103/bilturk.739956
ISNAD Ercan, Onur . "The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach". BİLTÜRK Journal of Economics and Related Studies 2 / 3 (Temmuz 2020): 471-486 . https://doi.org/10.47103/bilturk.739956
AMA Ercan O . The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach. BILTURK. 2020; 2(3): 471-486.
Vancouver Ercan O . The Relationship Between Trade Openness and Income Distribution in Turkish Economy: Toda-Yamamoto Causality Test Approach. BİLTÜRK Journal of Economics and Related Studies. 2020; 2(3): 471-486.