We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Ekonomik Özgürlüklerin Dış Ticarete Etkisi: 34 OECD Ülkesi İçin Bir Panel Veri Analizi.
- Authors
GÜNEŞ, Hakan
- Abstract
The economic freedoms in which individuals do not face barriers while performing economic activities, the market mechanism operates effectively, and the freedom of interference is an important measure of prosperity. The more economic freedom of countries, the more foreign trade volumes will be. The aim of this study is to examine the effect of economic freedoms on foreign trade in 34 OECD countries. In this context, data for 1996-2017 were tested by panel data analysis. Second-generation panel unit root tests were used because of the cross-sectional dependence problem in the series. According to the result of the study, a long-term cointegrated relationship between economic freedoms and foreign trade has been identified. The established ARDL model also shows that in the long-term foreign trade affects economic freedoms, but there is no relationship in the short term. In the long term, 1 unit increase in exports reduced economic freedoms by 0.18 units; 1 unit increase in imports increases economic freedoms by 0.47 units.
- Publication
Afyon Kocatepe University Journal of Social Sciences / Afyon Kocatepe Üniversitesi Sosyal Bilimler Dergisi, 2020, Vol 22, Issue 4, p919
- ISSN
1302-1265
- Publication type
Article
- DOI
10.32709/akusosbil.542008