International Conference on Eurasian Economies
11-13 June 2019 – Famagusta, Turkish Republic of Northern Cyprus
Paper properties
Paper ID : 2277
Status : Paper published
Language : Turkish
Topic : Growth and Development
Presenter: Ph.D. candidate Zeynep Gizem Can
Session : 3B Büyüme-Teknoloji
Inclusive Growth and Globalization: The Case of Turkey
Kapsayıcı Büyüme ve Küreselleşme: Türkiye Örneği
- Ph.D. candidate Zeynep Gizem Can (Çukurova University, Türkiye)
- Ph.D. candidate Ufuk Can (Çukurova University, Türkiye)
- Prof. Dr. Harun Bal (Çukurova University, Türkiye)
Abstract
This study aims to determine the relationship between inclusive growth and globalization. Since both concepts are multidimensional and do not directly related data on these concepts, an inclusive growth index is formed which covers sixteen different data with the help of principal component analysis. The globalization data are compiled from the KOF Swiss Economic Institute and the relationship between them is determined by Engle-Granger cointegration, Granger causality and ARDL bounds tests. Econometric findings show that inclusive growth has accelerated in the period between 1991 and 2015, that there is a long-term relationship with the inclusive growth index and the globalization index. This situation is contradictory with the conclusion that the causality relationship in the literature is towards global growth through inclusive growth. Information, social, economic and financial globalizations are directly related to economic performance, education, health and infrastructure investments and its funding conditions.
JEL codes: F63, O11, C32
Can, Zeynep Gizem , Can, Ufuk, Bal, Harun (2019). "Inclusive Growth and Globalization: The Case of Turkey" in Proceedings of International Conference of Eurasian Economies 2019, pp.197-203, Famagusta, Turkish Republic of Northern Cyprus.
DOI: https://doi.org/10.36880/C11.02277
