WHICH IS THE LOCOMOTIVE, ECONOMIC GROWTH OR URBANIZATION? EVIDENCE FROM TURKEY Cover Image

HANGİSİ LOKOMOTİF, EKONOMİK BÜYÜME Mİ KENTLEŞME Mİ? TÜRKİYE ÖRNEĞİ
WHICH IS THE LOCOMOTIVE, ECONOMIC GROWTH OR URBANIZATION? EVIDENCE FROM TURKEY

Author(s): Sinan YILDIRIM
Subject(s): Economic history, Evaluation research, Rural and urban sociology, Economic development, Post-War period (1950 - 1989), Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Hitit Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Urbanization; Economic Growth; ARDL Model;

Summary/Abstract: In this paper, the relationship between economic growth and urbanization in Turkey were examined via annual data of 1961-2015 period. The existence and direction of long run relationship has been investigated by ARDL models. As a result, it has been determined that urbanization is co-integrated with economic growth in the long term, and that both short and long term coefficients are positive. The increment of urbanization rate in Turkey, increases the economic growth rate in both periods. Urbanization rate, however, is not affected by the changes in economic growth. According to these results, increase in economic growth does not encourage people to migrate from rural to urban area. Nevertheless, as people become urbanized, economic growth increases due to increasing commercial relationships. Consequently, politicians do not need to precaution for increasing urbanization rates when they expect economic growth to increase. However, if increase of the economic growth rate is desired, urbanization should be encouraged.

  • Issue Year: 12/2019
  • Issue No: 1
  • Page Range: 223-234
  • Page Count: 12
  • Language: Turkish