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Fresh Fruit and Vegetable Exportation of Turkey and its Contribution to the Economic Growth

Fresh Fruit and Vegetable Exportation of Turkey and its Contribution to the Economic Growth

Dilek Temiz Dinç, Aytaç Gökmen, Seda Soygür
Copyright: © 2018 |Volume: 7 |Issue: 3 |Pages: 18
ISSN: 2160-9659|EISSN: 2160-9667|EISBN13: 9781522546658|DOI: 10.4018/IJSEM.2018070101
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MLA

Dinç, Dilek Temiz, et al. "Fresh Fruit and Vegetable Exportation of Turkey and its Contribution to the Economic Growth." IJSEM vol.7, no.3 2018: pp.1-18. http://doi.org/10.4018/IJSEM.2018070101

APA

Dinç, D. T., Gökmen, A., & Soygür, S. (2018). Fresh Fruit and Vegetable Exportation of Turkey and its Contribution to the Economic Growth. International Journal of Sustainable Economies Management (IJSEM), 7(3), 1-18. http://doi.org/10.4018/IJSEM.2018070101

Chicago

Dinç, Dilek Temiz, Aytaç Gökmen, and Seda Soygür. "Fresh Fruit and Vegetable Exportation of Turkey and its Contribution to the Economic Growth," International Journal of Sustainable Economies Management (IJSEM) 7, no.3: 1-18. http://doi.org/10.4018/IJSEM.2018070101

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Abstract

Economic growth is indispensable for the development of a country and welfare of its citizens. Economic activities can be improved with the enhancement of business sectors within its structure. Furthermore, exportation is a substantial means of reinforcing economic growth. In this research, the correlation between the fresh fruit & vegetable exportation and the economic growth of the Republic of Turkey is examined. Certain econometric methods as Augmented Dickey Fuller (ADF) test, Unit Root test, Phillips-Perron (PP) Unit Root test, Kwiatkowski, Phillips, Schmidt, Shin (KPSS) Unit Root test, Vector Auto-regression Analysis (VAR), Co-integration Analysis, Error Correction Model (VECM), Impulse-response Functions and Variance Decomposition Analysis are employed to research the correlation for the 2004 Q1-2015 Q4 period. It was concluded that the exportation of fresh fruits and vegetables have a favorable contribution to the economic growth of the Republic of Turkey in the long-run.

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