Foreign trade sectors and economic growth


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Azgun S., Ozbey N.

Research Journal of Applied Sciences, vol.5, no.2, pp.54-58, 2010 (Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 5 Issue: 2
  • Publication Date: 2010
  • Doi Number: 10.3923/rjasci.2010.54.58
  • Journal Name: Research Journal of Applied Sciences
  • Journal Indexes: Scopus
  • Page Numbers: pp.54-58
  • Keywords: C32, Causality, Economic growth, F41, F43, Foreign trade, JEL classification
  • Ataturk University Affiliated: Yes

Abstract

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.