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Türki̇ye’Ni̇n Dişa Açilma Oraninin Ölçümü, 1965-1995

Author

Listed:
  • Kaplan, Muhittin
  • Aslan, Alper
Abstract
The results of empirical studies on the 1980 Turkish economic reform programme frequently suggest that openness has a positive impact on growth in Turkey. However, the results of empirical literature on the relationship between openness and growth have always been under criticism for using openness variables,which are not objective measures of openness, involve measurement errors and do not capture all dimensions of openness. To overcome these criticisms, in this article,we introduce a composite openness proxy obtained using the principle component methodology that captures all dimensions of openness and provide an objective and more reliable measure of openness for Turkey.

Suggested Citation

  • Kaplan, Muhittin & Aslan, Alper, 2006. "Türki̇ye’Ni̇n Dişa Açilma Oraninin Ölçümü, 1965-1995," MPRA Paper 10603, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:10603
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    References listed on IDEAS

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    More about this item

    Keywords

    Openness; Measuring openness; Principle component method;
    All these keywords.

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • L17 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Open Source Products and Markets

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