The Impact of Economic Growth and Trade Openness on Income Inequality: An Empirical Analysis for Turkish Economy1

dc.contributor.authorGünaydın, Davuthan
dc.contributor.authorÇetin, Murat
dc.date.accessioned2022-05-11T14:32:44Z
dc.date.available2022-05-11T14:32:44Z
dc.date.issued2015
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, Çalışma Ekonomisi ve Endüstri İlişkileri Bölümü
dc.description.abstractKuznets curve hypothesis suggests that there is an inverted-U shaped relation between economic growth and income inequality. This study aims to investigate the validity of the Kuznets curve hypothesis in the sample of Turkey. This study also examines the impact of trade openness on income inequality. We use Johansen-Juselius cointegration method and Granger causality test based on vector error correction model (VECM) to test the relationships among economic growth, trade openness and income inequality. Empirical results reveal that the series used in this study are stationary at first difference. Empirical results also reveal that there is a long run relationship between the variables. This study shows evidence that the Kuznets curve hypothesis is valid for Turkish economy in the long run. This study also found out that trade openness decreases income inequality in the long run. Finally, the long run causality running from economic growth and trade openness to income inequality was detected. The results can provide some policy implications related with income inequality
dc.identifier.endpage82
dc.identifier.issn2146-5886
dc.identifier.issn2147-172X
dc.identifier.issue20en_US
dc.identifier.startpage58
dc.identifier.trdizinidTWpBd09EUXlNZz09
dc.identifier.urihttps://app.trdizin.gov.tr/makale/TWpBd09EUXlNZz09
dc.identifier.urihttps://hdl.handle.net/20.500.11776/7682
dc.identifier.volume0
dc.indekslendigikaynakTR-Dizin
dc.institutionauthorGünaydın, Davuthan
dc.institutionauthorÇetin, Murat
dc.language.isoen
dc.relation.ispartofIIB International Refereed Academic Social Sciences Journal
dc.rightsinfo:eu-repo/semantics/openAccess
dc.titleThe Impact of Economic Growth and Trade Openness on Income Inequality: An Empirical Analysis for Turkish Economy1
dc.typeArticle

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