BATI BALKANLAR’DA İHRACATA DAYALI VE İÇ TALEP ÇEKİŞLİ BÜYÜME HİPOTEZLERİ BİRLİKTE HAREKET EDİYOR MU?
DO EXPORT-LED GROWTH AND DOMESTIC DEMAND-LED GROWTH HYPOTHESIS MOVE TOGETHER IN THE WESTERN BALKANS?
Author(s): Yağmur SAĞLAM LİMAN, Hüseyin Avni EgelıSubject(s): National Economy, Business Economy / Management, Economic policy, International relations/trade, Comparative politics
Published by: Dicle Üniversitesi, Sivil Havacılık Yüksekokulu
Keywords: Domesitc Demand; Net Exports; Fourier Approach;
Summary/Abstract: In order to understand whether export and domestic demand-led growth hypotheses are moving together in the Western Balkans, Fourier Approach (unit root) and Hatemi-J causality tests are implemented for the annual data between 2000 and 2019. According to findings; it is stated that real gross domestic product consisting of net exports and domestic demand components is stationary even due to structural breaks and the two growth hypotheses are being carried out in a harmony. However, for each country, when Hatemi-J. causality test findings are examined, it is seen that the export-led growth hypothesis is accepted for Serbia, Montenegro and North Macedonia; but in Albania, on the other hand, no causality was found between net exports and domestic demand. In Croatia and Kosovo, both strategies work together, so there is a feedback relationship between net exports and domestic demand.
Journal: The Journal of Social Science
- Issue Year: 5/2021
- Issue No: 9
- Page Range: 296-309
- Page Count: 14
- Language: Turkish