Browsing by Author "Azgun, S."

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Are Imports a Reason of Growth?: Evidence From Turkey
(2010) Azgun, S.; Sevinc, H.
In smaller and open economies, import and foreign trade play major roles in economic development and growth. Thus, the importance of import and export in economic growth is a field of research, which is highly current in economic literature. The purpose of this study is beyond determining, whether the export oriented growth hypothesis is valid for the period between 1998-2008 and it also aims to determine the role import has over export and growth theoretically and econometrically. Engle-Granger causality test was conducted on the data of these periods inspected. Based on the findings obtained; no causality relation is available between export and growth, while bidirectional causal relation was determined between import and export. Furthermore, unidirectional causal relation was determined from import to export. © Medwell Journals, 2010.
Foreign Trade Sectors and Economic Growth
(2010) Azgun, S.; Ozbey, N.
The purpose of this study is to determine the role of foreign trade sectors in economic growth, beyond testing the validity of growth hypothesis directed to export for Turkey's economy. For this purpose, the roles of total export, agricultural export, industrial export and mining export together with total import, capital goods import, consumption import and raw material import are analysed in economic growth. The gained results reveal the findings that industrial export, capital goods and raw material import are the determinants in the economic growth. © Medwell Journals, 2010.
Government Expenditure and National Income: Causality Tests for Turkish Economy
(2010) Azgun, S.
The hypotheses concerning with the relations between the government expenditures and the national income have long been the subject of amprical studies in the economy literature.The purpose of this study is to analyse the relationship between the government expenditures, secondary items of the government expenditures and the national income within the frame of Wagnerian and Keynesian hypothesis. The results obtain reveal the fact that the Wagnerian hypothesis explains the relations between the national income and public expenditures in Turkish economy. There is a unilateral causality relationship that tends to develop from the national income to government expenditures, secondary items of the government expenditures and current and investment expenditures. © 2010, INSInet Publication.