Araştırma Makalesi

The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach

Cilt: 19 Sayı: 74 30 Nisan 2024
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The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach

Öz

One of the oldest economic goals of societies around the world is to increase the welfare level of the society. For this reason, the phenomenon of economic growth has been one of the most studied subjects since history. In this work, the efficacy of production in Turkey's agricultural and industrial sectors on economic growth amongst 1980 and 2022 has been investigated. In addition, inflation and trade deficit data are included as control variables. ARDL bounds test was implemented in the work. Accordingly the outcomes of the work, in the first model, when the share of the agricultural sector in GNP increases by 1%, per capita income decreases by approximately 1.13%. A 1% increment in the inflation rate diminishes per capita income by approximately 0.18%. In the second model, the margin of the industrial sector in GNP has an affirmative efficacy on per capita income. The inflation rate, conversely, has a negatory efficacy on per capita income. When the share of the industrial sector increases by 1%, per capita income increases by approximately 4.5%. A 1% increment in the inflation rate diminishes per capita income by approximately 0.5%. The parameters related to international trade deficit are statistically insignificant.

Anahtar Kelimeler

Kaynakça

  1. Awan, A. G., & Aslam, A. (2015). Impact of agriculture productivity on economic growth: A case study of Pakistan. Global Journal of Management and Social Sciences, 1(1), 57-71.
  2. Banelienė, R. (2021). Industry impact on GDP growth in developed countries under R&D investment conditions. Journal of Small Business Strategy, 31(1), 66-80.
  3. Beylik, U., Cirakli, U., Cetin, M., Ecevit, E., & Senol, O. (2022). The relationship between health expenditure indicators and economic growth in OECD countries: A Driscoll-Kraay approach. Frontiers in Public Health, 10, 1050550.
  4. Breusch, T.S. (1978), Testing for autocorrelation in dynamic linear models, Australian Economic Papers, 17, 334-355
  5. Breusch, T.S. & Pagan, A. (1979), A simple test for heteroscedasticity and random coefficient variation, Econometrica, 47, 1287-1294
  6. Brown, R., Durbin, J. & Evans, J. (1975), Techniques for testing the costancy of regression relationships over time, Journal of the Royal Statistical Society Series B, 37, 149-224
  7. Cetin, M. (2017). Does government size affect economic growth in developing countries? Evidence from Non-stationary Panel Data. European Journal of Economic Studies, 6(2), 85-95.
  8. Çetin, M., & Ecevit, E. (2010). Sağlik Harcamalarinin Ekonomik Büyüme Üzerindeki Etkisi: Oecd Ülkeleri Üzerine Bir Panel Regresyon Analizi. Doğuş Üniversitesi Dergisi, 11(2), 166-182.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Büyüme, Enflasyon

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

27 Nisan 2024

Yayımlanma Tarihi

30 Nisan 2024

Gönderilme Tarihi

5 Temmuz 2023

Kabul Tarihi

21 Şubat 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 19 Sayı: 74

Kaynak Göster

APA
Çelik, D., & Aydın, A. (2024). The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach. Yaşar Üniversitesi E-Dergisi, 19(74), 104-129. https://doi.org/10.19168/jyasar.1323245
AMA
1.Çelik D, Aydın A. The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach. Yaşar Üniversitesi E-Dergisi. 2024;19(74):104-129. doi:10.19168/jyasar.1323245
Chicago
Çelik, Duygu, ve Atilla Aydın. 2024. “The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach”. Yaşar Üniversitesi E-Dergisi 19 (74): 104-29. https://doi.org/10.19168/jyasar.1323245.
EndNote
Çelik D, Aydın A (01 Nisan 2024) The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach. Yaşar Üniversitesi E-Dergisi 19 74 104–129.
IEEE
[1]D. Çelik ve A. Aydın, “The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach”, Yaşar Üniversitesi E-Dergisi, c. 19, sy 74, ss. 104–129, Nis. 2024, doi: 10.19168/jyasar.1323245.
ISNAD
Çelik, Duygu - Aydın, Atilla. “The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach”. Yaşar Üniversitesi E-Dergisi 19/74 (01 Nisan 2024): 104-129. https://doi.org/10.19168/jyasar.1323245.
JAMA
1.Çelik D, Aydın A. The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach. Yaşar Üniversitesi E-Dergisi. 2024;19:104–129.
MLA
Çelik, Duygu, ve Atilla Aydın. “The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach”. Yaşar Üniversitesi E-Dergisi, c. 19, sy 74, Nisan 2024, ss. 104-29, doi:10.19168/jyasar.1323245.
Vancouver
1.Duygu Çelik, Atilla Aydın. The Efficacy of Developments in Agriculture and Industry Sectors on Economic Growth in Turkey: ARDL Approach. Yaşar Üniversitesi E-Dergisi. 01 Nisan 2024;19(74):104-29. doi:10.19168/jyasar.1323245