Turkey-African Trade Relationship; New Insights From Panel Causality Analysis
Öz
This research aims to investigate Turkey African relationship on the basis of international trade between Turkey and selected African countries. Most of African economies have experienced rapid economic growth as an outward oriented nation recently and foreign trade between Africa-Turkey has been grown continuously. In this frame we want to find out contribution of Turkish-African trade relationship on their economic growth on the basis of selected variables. For this purpose we used real gross domestic product (Rgdp) of 20 African countries as a proxy for ‘economic growth’’ and foreign trade volume (FTV) and balance of trade (BoT) with Turkey as a proxy for ‘’foreign trade’’. In this frame we employed bootstrap panel causality test developed by Kónya (2006) with countryspecific bootstrap critical values for the panel of twenty selected African countries for the period 1990–2016. Empirical results point out a unidirectional causality relationship between variables which runs from foreign trade to real GDP.
Anahtar Kelimeler
Kaynakça
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Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
Araştırma Makalesi
Yazarlar
Alper Yılmaz
*
0000-0002-1253-7097
Türkiye
Yayımlanma Tarihi
31 Ekim 2020
Gönderilme Tarihi
30 Ocak 2020
Kabul Tarihi
28 Mayıs 2020
Yayımlandığı Sayı
Yıl 2020 Cilt: 15 Sayı: 60