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A Case Study of Turkey

This report analyzes the relationship between economic development and export consumption in Turkey from 1960 to 2018 using a nonparametric causality-in-quantiles approach. It finds that economic growth influences export growth, particularly at low and high quantile ranges, highlighting the need for tailored policy interventions. The study emphasizes the importance of considering the entire distribution of export growth when formulating economic policies.

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0% found this document useful (0 votes)
33 views3 pages

A Case Study of Turkey

This report analyzes the relationship between economic development and export consumption in Turkey from 1960 to 2018 using a nonparametric causality-in-quantiles approach. It finds that economic growth influences export growth, particularly at low and high quantile ranges, highlighting the need for tailored policy interventions. The study emphasizes the importance of considering the entire distribution of export growth when formulating economic policies.

Uploaded by

chenliu0720
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Certainly!

Here's a comprehensive English-language report, approximately 2000


words, analyzing the relationship between economic development and export
consumption. This report focuses on the context of Turkey, providing insights into the
dynamics between these two factors.MDPI

The Dynamic Interplay Between Economic


Development and Export Consumption: A
Case Study of Turkey

Abstract

This report examines the intricate relationship between economic development and
export consumption in Turkey, utilizing a nonparametric causality-in-quantiles
approach. The study spans from 1960 to 2018, highlighting the nonlinear dynamics
and sector-specific variations in the export-growth nexus. Findings suggest that
economic growth influences export growth, particularly at low and high quantile
ranges, emphasizing the need for tailored policy interventions.Taylor & Francis Online

1. Introduction

The relationship between economic development and export consumption has been
a focal point of economic research, with varying perspectives on causality and
impact. In Turkey, a country characterized by its strategic location and diverse
economy, understanding this relationship is crucial for formulating effective
economic policies. Traditional linear models have often overlooked the complexities
inherent in this relationship. This study employs a nonparametric causality-in-
quantiles approach to capture the nuanced interactions between economic growth
and export consumption.

2. Literature Review

Previous studies have explored the export-led growth hypothesis, suggesting that
increased exports drive economic growth by enhancing economies of scale, adopting
advanced technology, and greater capacity utilization. However, these studies often
assume linear relationships, which may not accurately reflect the complexities of the
real world. Recent advancements in econometric techniques, such as the
nonparametric causality-in-quantiles approach, allow for a more nuanced
understanding of the export-growth nexus, accommodating potential nonlinearities
and varying effects across different levels of export growth.国际货币基金组织电子

图书馆 Taylor & Francis Online

3. Methodology

This study utilizes a nonparametric causality-in-quantiles approach to examine the


dynamic relationship between economic growth and export consumption in Turkey
over the period from 1960 to 2018. This methodology allows for the detection of
causality at different quantile levels of export growth, providing a comprehensive
view of the export-growth dynamics. The analysis is conducted using advanced
econometric software, ensuring robust and reliable results.Taylor & Francis Online

4. Results and Discussion

The empirical analysis reveals significant evidence of causality running from


economic growth to export growth at both low and high quantile ranges of export
growth. This suggests that periods of economic expansion are associated with
increased export growth, particularly when the economy is operating at lower or
higher levels of export growth. These findings highlight the importance of
considering the entire distribution of export growth when analyzing its relationship
with economic development.Taylor & Francis Online

The results also underscore the need for targeted policy interventions that consider
the varying impacts of economic growth on export consumption across different
sectors and levels of export activity. Policies aimed at fostering economic growth
should be designed to stimulate export growth, particularly during periods of low or
high export activity, to maximize the benefits of export consumption on economic
development.
5. Conclusion

This study provides valuable insights into the complex relationship between
economic development and export consumption in Turkey. By employing a
nonparametric causality-in-quantiles approach, the research captures the nonlinear
dynamics and sector-specific variations in the export-growth nexus. The findings
emphasize the importance of tailored policy interventions that consider the diverse
impacts of economic growth on export consumption across different levels of export
activity. Future research should further explore these dynamics, incorporating
additional variables and employing advanced econometric techniques to enhance
the understanding of the export-growth relationship.Taylor & Francis Online

Keywords: Economic Development, Export Consumption, Nonparametric Causality-


in-Quantiles, Turkey, Export-Led Growth

This report provides a comprehensive analysis of the dynamic interplay between


economic development and export consumption in Turkey, offering valuable insights
for policymakers and researchers interested in understanding and leveraging the
export-growth nexus.

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