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Is there a long-run association between globalization and productivity: The case of Turkey

Turkish Economic Review

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Title Is there a long-run association between globalization and productivity: The case of Turkey
 
Creator OKŞAK, Yüksel;

Lecturer at Uludağ University İnegöl Vocational School, BİLECİK, TURKEY
 
Subject Globalization; Productivity; Co-integration; Stationarity; ARDL Model.
C32; F61; O47.
 
Description Abstract. This study examines short and long-run association between globalization and productivity by using a time series sample of Turkey covering the years from 1970 to 2014. Firstly, I check the stationarity status of the series and following that I conduct a cointegration analysis among series in the framework of ARDL boundary test technique.  After that, both short-run and long-run coefficients are gathered by using error corrected form of ARDL Model. In addition to that, I provide the results for diagnostic check of the model. Eventually, a causality test is applied to see if there is a causal relationship between the series. According to the findings, globalization and productivity series are cointegrated and it is found that there is a long-run significant positive impact of globalization on productivity while this figure is negative for short-run. Moreover the test results for causality test imply that there exists just one unidirectional causality running from globalization to productivity.Keywords. Globalization, Productivity, Co-integration, Stationarity, ARDL Model.JEL. C32, F61, O47.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor —
 
Date 2018-07-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/1674
10.1453/ter.v5i2.1674
 
Source Turkish Economic Review; Vol 5, No 2 (2018): June; 215-222
Turkish Economic Review; Vol 5, No 2 (2018): June; 215-222
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/1674/1652
 
Rights Copyright (c) 2018 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0