Export Product Diversity and Economic Growth: Panel Data Analyses on Transition Economies

İhracatta Ürün Çeşitliliği ve Ekonomik Büyüme: Geçiş Ekonomileri Üzerine Panel Veri Analizleri
Abutalipov M. Değer M.K.
30 July 2024 Sosyoekonomi Society

Sosyoekonomi
2024 #32 Issue 61 341 - 367 pp.

This study aims to explore export diversity and economic growth relations in transition economies. For this purpose, Westerlund co-integration tests, Pesaran CCE tests and Emmahmutoğlu-Köse causality tests were used, considering the years 1995-2020. In addition, transition economies were divided into groups in the study, and empirical results were examined separately on both country groups and a country basis. While the findings have been identified in the transition economies of the European Union, a one-way causality relationship has been determined in exports from product diversity to economic growth; there has been no significant relationship between variables in other transition economies.

Economic Growth , Panel Series Analysis , Product Diversity in Exports , Transition Economies

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Satbayev University, Kazakhstan
Karadeniz Technical University, Turkey

Satbayev University
Karadeniz Technical University

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