Hizmet İhracatı ile Ekonomik Büyüme İlişkisinin Güney Kafkas Ülkeleri Çerçevesinde Analizi

Author:

ÇAPIK Eser1ORCID,ÜNLÜ ÖREN Hidayet Gizem2ORCID

Affiliation:

1. Süleyman demirel üni.

2. SULEYMAN DEMIREL UNIVERSITY

Abstract

In this context, the current article examines the impact of the service sector on the economic growth of Azerbaijan, Armenia, and Georgia. In the study in which three separate causality analyses were made, the results of the Toda-Yamamoto causality test in Azerbaijan and Armenia showed no causality between service exports and economic growth, while for Georgia, there was a unidirectional causality from economic growth to service exports. This study, handled with a different perspective due to the inadequacy of studies on service exports in South Caucasian countries, contributes to filling the gap in the literature on the subject.

Publisher

Sosyoekonomi

Subject

Immunology and Allergy

Reference47 articles.

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2. Aigheyisi, O.S. (2020), “Does the export-led growth (ELG) hypothesis hold for services exports in Nigeria?”, West African Financial and Economic Review (WAFER), 20(12), 25-60.

3. Alege, P. & A. Ogundipe (2015), “The role of services trade in economic development”, British Journal of Economics, Management & Trade, 5(3), 350-365.

4. Davtyan, A. (2015), “Tourism businesses impact on the economic development of the Republic of Armenia”, Australian Journal of Asian Country Studies, SCIE Journals, 12-24.

5. Dickey, D.A. & W.A. Fuller (1981), “Likelihood ratio statistics for autoregressive time series with a unit root”, Econometrica, 49(4), 1057-1072.

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