EFFECT OF TURKEY- AZERBAIJAN BILATERAL TRADE ON ECONOMIC GROWTH OF TURKEY: A CAUSALITY ANALYSIS Cover Image

TÜRKİYE-AZERBAYCAN İKİLİ TİCARETİNİN TÜRKİYE’NİN EKONOMİK BÜYÜMESİNDEKİ ETKİSİ: BİR NEDENSELLİK ANALİZİ
EFFECT OF TURKEY- AZERBAIJAN BILATERAL TRADE ON ECONOMIC GROWTH OF TURKEY: A CAUSALITY ANALYSIS

Author(s): Serkan Künü, Sertaç Hapoğlu, Gürkan Bozma
Subject(s): Social Sciences, Economy, National Economy, Business Economy / Management, Social development, Sociology of Culture, Sociology of the arts, business, education, Economic development, Transformation Period (1990 - 2010), Sociology of Politics, Socio-Economic Research
Published by: Sage Yayınları
Keywords: Turkey; Azerbaijan; bilateral trade; causality;

Summary/Abstract: Azerbaijan is an important country for Turkey due to its cultural and geographical proximity. Valuable underground resources play an important role in the development of Azerbaijan’s economy. Bilateral trade with Azerbaijan is important for Turkey given Turkey’s dependence on oil and natural gas imports. In this study, the relationship between trade with Azerbaijan and Turkey’s economic growth is investigated. Toda-Yamamoto causality test suggested by Hacker and Hatemi-J (2006) is applied on quarterly data for the period 1999- 2014 in the study. According to the results of the analysis there is a unidirectional relationship running from economic growth to exports to Azerbaijan.

  • Issue Year: 7/2015
  • Issue No: 27
  • Page Range: 12-21
  • Page Count: 10
  • Language: Turkish