Türkiye’de İmalat Sanayi ve Tarım Sektörlerinin Ekonomik Büyüme Üzerine Etkisi: 1998-2020 Dönemi Analizi(The Effect of Manufacturing Industry and Agricultural Sector on Economic Growth in Turkey: Analysis of 1998-2020 Period)

Abstract

This study aims to determine the effects of foreign trade of manufacturing industry and agriculture sectors which the key sectors of the Turkish economy on economic growth. Foreign trade values and GDP data of the sectors were analyzed for 1998Q1 and 2020Q1 by applying unit root test and Johansen Cointegration test, which are time series methods. In addition, in the analysis, it was observed that there is a one-way Granger causality from agriculture to GDP and two-way agriculture to the manufacturing industry. Thus, it was concluded that the feedback hypothesis between the agriculture and manufacturing industries is valid. Therefore, considering the investments made in the manufacturing industry and agriculture sectors as a reason for growth and relationship between them, it can be stated that it will be beneficial for the economy of the country in terms of the development of policymakers to develop policies that emphasize these sectors.

Keywords

• economic growth
• agricultural
• manufacturing industry