The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis
In this study, the effect of trade openness on economic growth was searched for the most rapidly developing countries (emerging markets; Brazil, Russia, India, China and Turkey, BRIC-T) via panel data analysis by using the annual data of the period from 1989 to 2010. As trade openness variable, t...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Ala-Too International University
2013-05-01
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| Series: | Eurasian Journal of Business and Economics |
| Subjects: | |
| Online Access: | http://www.ejbe.org/EJBE2013Vol06No11p001MERCAN-GOCER-BULUT-DAM.pdf |
| _version_ | 1811296754831720448 |
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| author | Mehmet MERCAN Ismet GOCER Sahin BULUT Metin DAM |
| author_facet | Mehmet MERCAN Ismet GOCER Sahin BULUT Metin DAM |
| author_sort | Mehmet MERCAN |
| collection | DOAJ |
| description | In this study, the effect of trade openness on economic growth was searched for the
most rapidly developing countries (emerging markets; Brazil, Russia, India, China
and Turkey, BRIC-T) via panel data analysis by using the annual data of the period
from 1989 to 2010. As trade openness variable, the rate of external trade (Export+
Import) to GDP was used. According to empirical evidence derived from the study
made with panel data analysis it was found that the effect of openness on economic
growth was positive, and statistically significant in line with theoretical
expectations. |
| first_indexed | 2024-04-13T05:54:03Z |
| format | Article |
| id | doaj.art-5f37ab2424ab4c26ab102e43d681a3e7 |
| institution | Directory Open Access Journal |
| issn | 1694-5948 1694-5972 |
| language | English |
| last_indexed | 2024-04-13T05:54:03Z |
| publishDate | 2013-05-01 |
| publisher | Ala-Too International University |
| record_format | Article |
| series | Eurasian Journal of Business and Economics |
| spelling | doaj.art-5f37ab2424ab4c26ab102e43d681a3e72022-12-22T02:59:41ZengAla-Too International UniversityEurasian Journal of Business and Economics1694-59481694-59722013-05-01611114The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data AnalysisMehmet MERCAN0Ismet GOCER1Sahin BULUT2Metin DAM3Hakkari UniversityAdnan Menderes UniversityAdnan Menderes UniversityAdnan Menderes UniversityIn this study, the effect of trade openness on economic growth was searched for the most rapidly developing countries (emerging markets; Brazil, Russia, India, China and Turkey, BRIC-T) via panel data analysis by using the annual data of the period from 1989 to 2010. As trade openness variable, the rate of external trade (Export+ Import) to GDP was used. According to empirical evidence derived from the study made with panel data analysis it was found that the effect of openness on economic growth was positive, and statistically significant in line with theoretical expectations.http://www.ejbe.org/EJBE2013Vol06No11p001MERCAN-GOCER-BULUT-DAM.pdfTrade OpennessEconomic GrowthBRIC CountriesTurkey. |
| spellingShingle | Mehmet MERCAN Ismet GOCER Sahin BULUT Metin DAM The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis Eurasian Journal of Business and Economics Trade Openness Economic Growth BRIC Countries Turkey. |
| title | The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis |
| title_full | The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis |
| title_fullStr | The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis |
| title_full_unstemmed | The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis |
| title_short | The Effect of Openness on Economic Growth for BRIC-T Countries: Panel Data Analysis |
| title_sort | effect of openness on economic growth for bric t countries panel data analysis |
| topic | Trade Openness Economic Growth BRIC Countries Turkey. |
| url | http://www.ejbe.org/EJBE2013Vol06No11p001MERCAN-GOCER-BULUT-DAM.pdf |
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