International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1917
Status : Paper published
Language : Turkish
Topic : Macroeconomics
Presenter: Assoc. Prof. Dr. Şerife Merve Koşaroğlu
Session : 4B Finans II
Export-Led Growth Model and External Debt in Turkey
Dışa Açık Büyüme Modeli ve Türkiye’de Dış Borçlar
- Asst. Prof. Dr. İlkay Noyan Yalman (Cumhuriyet University, Türkiye)
- Asst. Prof. Dr. Özcan Işık (Cumhuriyet University, Türkiye)
- Assoc. Prof. Dr. Şerife Merve Koşaroğlu (Cumhuriyet University, Türkiye)
Abstract
After the 1980s, as the globalization movement accelerated, countries increased their foreign trade transactions. In with this process, import-based growth model was abandoned in the Turkish economy and an export-based growth model is adopted. The export-led growth model increased export revenues started to, growth has gained speed, however, due to fact that the industry is dependent on imported inputs, started to increase external balance and current account deficit problems. In addition, there have economic growth that is not create employment due to insufficient savings and investments. For this reason, the increase in external debt tended to increase further. Such causes have led to an increase in external debt. In this study, the effect of export-led growth on foreign debts will be analyzed. For this purpose, foreign debts and growth relation in Turkey will be analyzed with time series model and will be done causality analysis.
JEL codes: A10, A19
Noyan Yalman, İlkay, Işık, Özcan, Koşaroğlu, Şerife Merve (2017). "Export-Led Growth Model and External Debt in Turkey" in Proceedings of International Conference of Eurasian Economies 2017, pp.271-275, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01917
