Short and Long Term Validity of Export-Led Growth Hypothesis in BRICS-T Countries: A Frequency Domain Causality Approach

Authors

  • Ali Koçyiğit İnönü University, Faculty of Economics and Administrative Sciences, Department of Economics. Author
  • Tayfur Bayat ² İnönü University, Faculty of Economics and Administrative Sciences, Department of Economics. Author
  • Selim Kayhan University of New Orleans, College of Business Administration, Department of Economics and Finance. Author
  • Mehmet Şentürk 7 Aralık University, Faculty of Economics and Administrative Sciences, Department of Economics. Author

DOI:

https://doi.org/10.62345/jads.2015.4.3.3097

Abstract

In this study, we aim to investigate causation linkage between international trade and economic growth in terms of export-led growth (ELG) hypothesis for Brazil, Russia, India, China, South Africa and Turkey. The empirical results obtained from frequency domain test suggest that export-led growth hypothesis is valid in Turkey, China, Brazil and Russia in different time frequencies. On the other hand, import-led growth hypothesis is valid in India and South Africa.

Author Biographies

  • Ali Koçyiğit, İnönü University, Faculty of Economics and Administrative Sciences, Department of Economics.

    İnönü University, Faculty of Economics and Administrative Sciences, Department of Economics.
    Email: ali.kocyigit@inonu.edu.tr

  • Tayfur Bayat, ² İnönü University, Faculty of Economics and Administrative Sciences, Department of Economics.

    İnönü University, Faculty of Economics and Administrative Sciences, Department of Economics.
    Email: tayfur.bayat@inonu.edu.tr

  • Selim Kayhan, University of New Orleans, College of Business Administration, Department of Economics and Finance.

    University of New Orleans, College of Business Administration, Department of Economics and Finance.
    Email: skayhan@uno.edu

  • Mehmet Şentürk, 7 Aralık University, Faculty of Economics and Administrative Sciences, Department of Economics.

    7 Aralık University, Faculty of Economics and Administrative Sciences, Department of Economics.
    Email: msenturk@kilis.edu.tr

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Published

2015-09-30

Issue

Vol. 4 No. 3 (2015): Journal of Asian Development Studies, Volume 4, Issue 3 (September 2015)

Section

Articles

How to Cite

Short and Long Term Validity of Export-Led Growth Hypothesis in BRICS-T Countries: A Frequency Domain Causality Approach. (2015). Journal of Asian Development Studies, 4(3), 116-128. https://doi.org/10.62345/jads.2015.4.3.3097