RELATIONSHIP BETWEEN GDP AND EXPORT IN TURKEY

Abstract

This article investigates the causal relationship between GDP and export of Turkey using Augmented Dickey Fuller (ADF) test and Granger causality test based on Toda-Yamamoto Analysis through EViews 7.1. To carry out the present study, the quarterly time series data reported by the OECD were used in the time period of 1980–2012. The results revealed that the series were not stationary.The obtined results concluded that there is a unidirectional causal relationship from the GDP to the export.The current study is expected to provide a better understanding of possible effects of the GDP in a country related to sustainable development in terms of the export. This work could also help in targeting beginner groups in economical society for economical modelling.

Keywords

• Export
• GDP
• Turkish Economy
• Toda-Yamamoto Test
• Econometric Analysis