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SETSCI - Volume (2018)
ISAS 2018 - Ist International Symposium on Innovative Approaches in Scientific Studies, Kemer-Antalya, Turkey, Apr 11, 2018

Economic Growth and Foreign Trade: A Causality Relationship for Turkey (ISAS 2018_42)
Hasan Alp  Özel1*
1Actuary and Risk Management, Karabük University , Karabük, Turkey
* Corresponding author: alpalp78@hotmail.com
Published Date: 2018-06-23   |   Page (s): 46-46   |    133     10

ABSTRACT Foreign trade signifies the commencement of economic globalization and it dates back to the post industrial revolution era. Although several fluctuations were observed among different economic periods, it never lost its importance. It is seen that both the classical economic growth models and endogenous growth model theories starting from the 1980 stress its importance. While foreign trade is a component of the economic structure that maintains increase of foreign currency, it is also the driving force of economic growth with respect to providing human capital, foreign direct investment and technology transfer in developing countries. The purpose of the study is to examine the relationship among imports, exports and economic growth from 1998 to 2015 in Turkish Economy.  
KEYWORDS Foreign Trade, Economic Growth, Causality, Export, Import

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