Research Article


DOI :10.26650/ISTJECON2023-1248345   IUP :10.26650/ISTJECON2023-1248345    Full Text (PDF)

The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey

Hamza ÇeştepeHavanur Ergün TatarSerdar Erdoğan

As a multi-dimensional concept that affects many other factors, globalization has a profound impact on the economy as well. It is possible to argue that developing countries are more affected by globalization than others. In this study, the impact of globalization on the various aspects of economic growth is analyzed empirically for Turkey, a developing country. The ARDL Bounds Test was applied as an econometric methodology, using the dataset period between 1970-2018 for Turkey. This study used economic, social, political, and overall globalization indices to measure globalization. The results show that social, economic, and political globalization affect economic growth positively, whereas the overall globalization index affects it negatively in the long run. The ARDL Bounds Test results show that the utilized variables in the study are co-integrated in the long run. In fact, there is an economic relationship between the variables.

JEL Classification : F43 , F62 , O47

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APA

Çeştepe, H., Ergün Tatar, H., & Erdoğan, S. (2023). The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey. Istanbul Journal of Economics, 73(2), 717-743. https://doi.org/10.26650/ISTJECON2023-1248345


AMA

Çeştepe H, Ergün Tatar H, Erdoğan S. The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey. Istanbul Journal of Economics. 2023;73(2):717-743. https://doi.org/10.26650/ISTJECON2023-1248345


ABNT

Çeştepe, H.; Ergün Tatar, H.; Erdoğan, S. The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey. Istanbul Journal of Economics, [Publisher Location], v. 73, n. 2, p. 717-743, 2023.


Chicago: Author-Date Style

Çeştepe, Hamza, and Havanur Ergün Tatar and Serdar Erdoğan. 2023. “The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey.” Istanbul Journal of Economics 73, no. 2: 717-743. https://doi.org/10.26650/ISTJECON2023-1248345


Chicago: Humanities Style

Çeştepe, Hamza, and Havanur Ergün Tatar and Serdar Erdoğan. The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey.” Istanbul Journal of Economics 73, no. 2 (Mar. 2024): 717-743. https://doi.org/10.26650/ISTJECON2023-1248345


Harvard: Australian Style

Çeştepe, H & Ergün Tatar, H & Erdoğan, S 2023, 'The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey', Istanbul Journal of Economics, vol. 73, no. 2, pp. 717-743, viewed 3 Mar. 2024, https://doi.org/10.26650/ISTJECON2023-1248345


Harvard: Author-Date Style

Çeştepe, H. and Ergün Tatar, H. and Erdoğan, S. (2023) ‘The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey’, Istanbul Journal of Economics, 73(2), pp. 717-743. https://doi.org/10.26650/ISTJECON2023-1248345 (3 Mar. 2024).


MLA

Çeştepe, Hamza, and Havanur Ergün Tatar and Serdar Erdoğan. The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey.” Istanbul Journal of Economics, vol. 73, no. 2, 2023, pp. 717-743. [Database Container], https://doi.org/10.26650/ISTJECON2023-1248345


Vancouver

Çeştepe H, Ergün Tatar H, Erdoğan S. The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey. Istanbul Journal of Economics [Internet]. 3 Mar. 2024 [cited 3 Mar. 2024];73(2):717-743. Available from: https://doi.org/10.26650/ISTJECON2023-1248345 doi: 10.26650/ISTJECON2023-1248345


ISNAD

Çeştepe, Hamza - Ergün Tatar, Havanur - Erdoğan, Serdar. The Impact of Globalization with its Different Aspects on Economic Growth: The Case of Turkey”. Istanbul Journal of Economics 73/2 (Mar. 2024): 717-743. https://doi.org/10.26650/ISTJECON2023-1248345



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Submitted06.02.2023
Accepted04.09.2023
Published Online30.12.2023

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