FOREIGN TRADE AND GROWTH THEORIES, GRANGER CASUALITY TEST
DIŞ TİCARET VE BÜYÜME TEORİLERİ, GRANGER NEDENSELLİK TESTİ İLE DIŞ TİCARETİN BÜYÜME ÜZERİNDEKİ ETKİSİ

Author : Alban VİDHİ -- Erdem TURGAN
Number of pages : 446-453

Abstract

The main aim of economy is to cover the unlimited requirements of the people into the scarce resourse world. One of the most important component of economy to realize this aim is foreign trade. The thesis takes up the effect of growth to the foreign trade volume after customs union between Albania and Turkey. The period has taken place from customs union in 2008 to nowdays with the data. The first chapter contains the details about the foreign trade meaning, how does it take progress and also the foreign trade theories and opinions from the past till now. The second chapter is talked about growth, its historical development and theories. The growth theories are explained in details not only theoric but also numerical. I have accomplished in the fourth chapter my aim for this thesis. In this chapter economic relations between Turkey and Albania takes place. The economic relations are also showed by economic’s data. Beside that it is talked about the meetings and negotiation that is done for customs union between this two countries. In addition the effects of growth in foreign trade volume are showed theoric and numerical. At the end of the chapter is explained the equiations and Granger Causality Test.

Keywords

Foreign Trade theories, Growth theories, Foreign Trade Hypothesis, Granger causility test.

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