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Foreign Trade and Economic Growth in North Cyprus:A Time Series Analysis (Özdeşer, Hüseyin,)

Bibliographical information (record 264989)

Foreign Trade and Economic Growth in North Cyprus:A Time Series Analysis
Author:	Özdeşer, Hüseyin, Search Author in Amazon Books

Classification:	HD82

Detailed notes

- http://www.internationalresearchjournaloffinanceandeconomics.com/ISSUES/IRJFE%20issue%209.htm

- This paper analyzes the role of foreign trade in T.R.N.Cs economic growth based on T.R.N.Cs national data for the period 1985-2005. This period is of special importance since it represents two important corner stones in the economy of Northern Cyprus. First of all, the independent state of TRNC was established in 1983; therefore, the data used is inclusive of this period. Secondly, the data also covers the period of time when the European Court of Justice banned trade with Northern Cyprus. Data analyzed suggests high rate of dependence on Turkey for trade, especially after the formal ban of trade with the rest of the world. Further manipulation of data in a time-series regression analysis suggests inefficient excessive government involvement in the economy. It is also found that the growth rate of the volume of trade (both imports and exports) have a high degree of correlation with GNP growth in Northern Cyprus. The findings of our analysis appear to be very robust and suggest that to keep the growth rate of T.R.N.C. economy high, trade policy should be adjusted accordingly. Foreign Trade and Economic Growth in Northern Cyprus: A Time Series Analysis. Available from: http://www.researchgate.net/publication/254097525_Foreign_Trade_and_Economic_Growth_in_Northern_Cyprus_A_Time_Series_Analysis [accessed Jul 10, 2015].