Economic Growth Inflation Nexus & Its Impact on the Development of the Automotive Industry: The Case of Turkey
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Date
2019
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Inderscience Publishers
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Abstract
Economic growth is essential for development and welfare of the citizens of a country. Economic development is an intact process involving potentially entire industries in a state. Also, economic growth is associated with macroeconomic indicators such as GDP, exports, imports, budget surplus or deficits, current account balance, interest and inflation rates. Nonetheless, inflation is an important macroeconomic indicator which can influence industrial development positively or negatively. Moreover, the aim of this study is to analyse the impact of inflation on the total automotive industry production in the Republic of Turkey resting on various econometric applications as JJ cointegration test, VECM, Wald test, Gtranger test and LSM. Copyright © 2019 Inderscience Enterprises Ltd.
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Keywords
Automotive, Development, Economics, Growth, Industry, Inflation, Turkey, Welfare
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Citation
Temiz Dinç, Dilek; Gökmen, Aytaç; Üstündağ, Kaan (2019). "Economic Growth Inflation Nexus & Its Impact on the Development of the Automotive Industry: The Case of Turkey", International Journal of Economics and Business Research, Vol. 18, No. 1, pp. 94-111.
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Q4
Source
International Journal of Economics and Business Research
Volume
18
Issue
1
Start Page
94
End Page
111