International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1438
Status : Paper published
Language : Turkish
Topic : International Trade and Globalization
Presenter: Asst. Prof. Dr. Özgür Uysal
Session : 3C Uluslararası Ticaret I
Causality Relationship between Export and Economic Growth: The Case of Russia
İhracat Ve Ekonomik Büyüme Arasındaki Nedensellik İlişkisi: Rusya Örneği
- Asst. Prof. Dr. Özgür Uysal (Alanya Alaaddin Keykubat University, Türkiye)
- Mrs. Sultan Sat (Alanya Alaaddin Keykubat University, Türkiye)
Abstract
Nowadays, together with the process of globalization, the relation between export and economic growth has begun to gain importance when decisions regarding economic situation of a country are taken, and when estimations concerning economy are made. The relation between economic growth and export has become one of the most disputable issues of the economic literature. The main objective of this study is to find out the direction of the relation between export and economic growth in Russia. Analysis was performed by using quarterly export and economic growth data of belonging from 1997:01 to 2014:04.The stability of the variables was initially determined by using Augmented Dickey – Fuller (ADF) unit root test. Subsequently, the existence of co-integration between variables was investigated by using Johansen Co–integration Test. In the last stage, the direction of the relationship between variables was determined by using Granger Causality Test. As a result of the analyses carried out, it was determined that bi-directional causality exists between export and economic growth in Russia between the years 1997-2014.
JEL codes: F14, O47, C12
Uysal, Özgür, Sat, Sultan (2015). "Causality Relationship between Export and Economic Growth: The Case of Russia" in Proceedings of International Conference of Eurasian Economies 2015, pp.416-422, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01438
Session 3C: Uluslararası Ticaret I
