%0 Journal Article
	%A Pınar Yardımcı
	%D 2015
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 106, 2015
	%T Trade Policy and Economic Growth of Turkey in Global Economy: New Empirical Evidences
	%U https://publications.waset.org/pdf/10002669
	%V 106
	%X This paper tries to answer to the questions whether or
not trade openness causes economic growth and trade policy changes
are good for Turkey as a developing country in global economy
before and after 1980. We employ Johansen co-integration and
Granger causality tests with error correction modeling based on
vector autoregressive. Using WDI data from the pre-1980 and the
post-1980, we find that trade openness and economic growth are cointegrated
in the second term only. Also the results suggest a lack of
long-run causality between our two variables. These findings may
imply that trade policy of Turkey should concentrate more on extra
complementary economic reforms.
	%P 3499 - 3504