The Econometric Analysis of Relationship Between Turkish Economy with Maritime Transport
DOI:
https://doi.org/10.5281/zenodo.7087817Resumo
With the globalization that started in 1980, international trade started to be important. The understanding of the market in international markets has brought with it the need for ‘transportation’. The maritime transportation, which enables it to carry large tonnage loads at one time, has created economies of scale, and has become the most preferred transportation system today. Therefore, a parallel relationship is expected between the economy and maritime transport. And 1973 and 1979 world oil crisis that led to structural breaks in Turkey's economy, 1989 Financial Crisis, 1997 in maritime trade in parallel when crises such as the Asian crisis has been observed that examined experienced similar declines.
In this study, we aimed to determine the relationship between Turkey's economy and maritime transport. For this purpose, 2008: Producer Price Index for 1-2016-02 date (PPI) data from the Turkey Statistical Institute (TUIK), Turkey because of the data set for small tonnage of dry cargo vessels Istanbul Freight Index (ISTFIX) provided by. In this research, Vector Auto regressive (VAR) model was used, and Granger causality analysis was performed based on the VAR model. As a result of the econometric analyzes, it was observed that ISTFIX series is the cause of PPI series.
Downloads
Publicado
Como Citar
Edição
Secção
Licença
Direitos de Autor (c) 2022 International Journal of Contemporary Economics and Administrative Sciences
Este trabalho encontra-se publicado com a Licença Internacional Creative Commons Atribuição 4.0.
The Author(s) must make formal transfer of copyright for each article prior to publication in the International Journal of Contemporary Economics and Administrative Sciences. Such transfer enables the Journal to defend itself against plagiarism and other forms of copyright infringement. Your cooperation is appreciated. You agree that copyright of your article to be published in the International Journal of Contemporary Economics and Administrative Sciences is hereby transferred, throughout the World and for the full term and all extensions and renewals thereof, to International Journal of Contemporary Economics and Administrative Sciences.
The Author(s) reserve(s): (a) the trademark rights and patent rights, if any, and (b) the right to use all or part of the information contained in this article in future, non-commercial works of the Author's own, or, if the article is a "work-for-hire" and made within the scope of the Author's employment, the employer may use all or part of the information contained in this article for intra-company use, provided the usual acknowledgements are given regarding copyright notice and reference to the original publication.
The Author(s) warrant(s) that the article is Author's original work, and has not been published before. If excerpts from copyrighted works are included, the Author will obtain written permission from the copyright owners and shall credit the sources in the article. The author also warrants that the article contains no libelous or unlawful statements, and does not infringe on the rights of others. If the article was prepared jointly with other Author(s), the Author agrees to inform the co-Author(s) of the terms of the copyright transfer and to sign on their behalf; or in the case of a "work-for-hire" the employer or an authorized representative of the employer.
The journal is registered with the ISSN : 1925-4423.
IJCEAS is licensed under a Creative Commons Attribution 4.0 International License.
This license lets others distribute, remix, tweak, and build upon your work, even commercially, as long as they credit you for the original creation. This is the most accommodating of licenses offered. Recommended for maximum dissemination and use of licensed materials.
