Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142510
Authors: 
Halicioglu, Ferda
Year of Publication: 
2007
Series/Report no.: 
EERI Research Paper Series 05/2007
Abstract: 
This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among the variables both in the short-run and the long-run. The empirical findings suggest uni-directional causation from exports to industrial production.
Subjects: 
Export-led growth
causality
cointegration
Turkey
JEL: 
C12
C22
F14
F43
Document Type: 
Working Paper

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