ANALYSIS OF THE RELATIONSHIP BETWEEN ROAD TRANSPORTATION AND ECONOMIC GROWTH: TURKEY EXAMPLE FROM 1990-2022

Ayşe Eryer; Arif Selim Eren; Mehmet Ali Orhan

Article Details

ANALYSIS OF THE RELATIONSHIP BETWEEN ROAD TRANSPORTATION AND ECONOMIC GROWTH: TURKEY EXAMPLE FROM 1990-2022

Authors:

Ayşe Eryer | Arif Selim Eren | Mehmet Ali Orhan

Publisher:

Zonguldak Bulent Ecevit University

Main Topics:

Ekonometrik ve İstatistiksel Yöntemler | Büyüme | İşletme

Journal:

Uluslararası Yönetim İktisat ve İşletme Dergisi Vol.20 Issue 4, pp.1303-1323

Document Type:

Article

Publication Date:

12/2024

Document Language:

Turkish

Document ID (Org No.):

2001336914

pISSN:

2147-9208

Keywords:

Abstract:

 Road transport contributes to the commercial development of countries, with the possibility of door-to-door transport of goods or products. The aim of this study is to examine the relationship between economic growth and road transport for Turkey for the period 1990-2022. GDP variable is taken from the World Bank database, while road freight and passenger transport data are taken from the General Administration of Highways database. The unit root levels of the variables are analysed by Augmented Dickey-Fuller and Phillips-Perrons unit root tests. ARDL bounds test and Fully Modified OLS FMOLS coefficient estimators were used to analyse the relationship between the variables. The results of ADF and PP unit root tests show that all variables are stationary in their first differences, i.e. the degree of integration of the series is I1. As a result of the ARDL analysis, the effect of road freight transport on economic growth in the long run is found to be positive and statistically significant, while the effect of passenger transport on growth is found to be insignificant. However, in the short run, the effect of both passenger and freight transport on economic growth was found to be positive and statistically significant. According to the FMOLS method, a 1 increase in road freight transport increases economic growth by approximately 0.92, while a 1 increase in road passenger transport increases economic growth by 0.78. It is seen that as Turkeys road freight volume increases, economic growth and trade volume will also increase. However, road transport cannot be considered as the main determinant of economic growth. More valid results can be obtained by expanding the scope of the evaluation and the data set in the process.

 Road transport contributes to the commercial development of countries, with the possibility of door-to-door transport of goods or products. The aim of this study is to examine the relationship between economic growth and road transport for Turkey for the period 1990-2022. GDP variable is taken from the World Bank database, while road freight and passenger transport data are taken from the General Administration of Highways database. The unit root levels of the variables are analysed by Augmented Dickey-Fuller and Phillips-Perrons unit root tests. ARDL bounds test and Fully Modified OLS FMOLS coefficient estimators were used to analyse the relationship between the variables. The results of ADF and PP unit root tests show that all variables are stationary in their first differences, i.e. the degree of integration of the series is I1. As a result of the ARDL analysis, the effect of road freight transport on economic growth in the long run is found to be positive and statistically significant, while the effect of passenger transport on growth is found to be insignificant. However, in the short run, the effect of both passenger and freight transport on economic growth was found to be positive and statistically significant. According to the FMOLS method, a 1 increase in road freight transport increases economic growth by approximately 0.92, while a 1 increase in road passenger transport increases economic growth by 0.78. It is seen that as Turkeys road freight volume increases, economic growth and trade volume will also increase. However, road transport cannot be considered as the main determinant of economic growth. More valid results can be obtained by expanding the scope of the evaluation and the data set in the process.

 Road transport contributes to the commercial development of countries, with the possibility of door-to-door transport of goods or products. The aim of this study is to examine the relationship between economic growth and road transport for Turkey for the period 1990-2022. GDP variable is taken from the World Bank database, while road freight and passenger transport data are taken from the General Administration of Highways database. The unit root levels of the variables are analysed by Augmented Dickey-Fuller and Phillips-Perrons unit root tests. ARDL bounds test and Fully Modified OLS FMOLS coefficient estimators were used to analyse the relationship between the variables. The results of ADF and PP unit root tests show that all variables are stationary in their first differences, i.e. the degree of integration of the series is I1. As a result of the ARDL analysis, the effect of road freight transport on economic growth in the long run is found to be positive and statistically significant, while the effect of passenger transport on growth is found to be insignificant. However, in the short run, the effect of both passenger and freight transport on economic growth was found to be positive and statistically significant. According to the FMOLS method, a 1 increase in road freight transport increases economic growth by approximately 0.92, while a 1 increase in road passenger transport increases economic growth by 0.78. It is seen that as Turkeys road freight volume increases, economic growth and trade volume will also increase. However, road transport cannot be considered as the main determinant of economic growth. More valid results can be obtained by expanding the scope of the evaluation and the data set in the process.

 Karayolu taşımacılığı, taşınacak olan eşya ya da ürünlerin, kapıdan kapıya taşıma imkanı ile ülkelerdeki ticari gelişimine katkı sağlamaktadır. Bu çalışmanın amacı Türkiye için 1990-2022 dönemi veri seti kapsamında ekonomik büyüme ile karayolu taşımacılığı arasındaki ilişkiyi incelemektir. GSYİH değişkeni Dünya Bankası veri tabanından, karayolu yük ve yolcu taşımacılığı verileri ise Karayolları Genel İdaresi veri tabanından alınmıştır. Değişkenlerin birim kök düzeyleri Augmented Dickey-Fuller ve Phillips-Perrons birim kök testleri ile incelenmiştir. Değişkenler arasındaki ilişkiyi incelemek için ise ARDL sınır testi ve katsayı tahmincilerinden Fully Modified OLS FMOLS testinden yararlanılmıştır. ADF ve PP birim kök testleri sonuçları tüm değişkenlerin birinci farklarında durağanlaştığını, yani serinin bütünleşme derecesinin I1 olduğunu göstermektedir. ARDL analizi sonucunda uzun dönemde kara yolu yük taşımacılığının ekonomik büyümeye olan etkisi pozitif ve istatistiksel olarak anlamlı bulunurken, yolcu taşımacılığının büyüme üzerindeki etkisi anlamsız olarak çıkmıştır. Ancak kısa dönemde hem yolcu hem de yük taşımacılığının iktisadi büyüme üzerindeki etkisinin pozitif ve istatistiksel olarak anlamlı olduğu elde edilmiştir. Katsayı tahmin sonuçlarını veren FMOLS yöntemine göre, karayolu yük taşımacılığındaki 1lik bir artış ekonomik büyümeyi yaklaşık olarak 0.92 oranında artırırken, karayolu yolcu taşımacılığındaki 1lik bir artış ise ekonomik büyümeyi 0.78 oranında artırmaktadır. Türkiyenin karayolu yük hacmi arttıkça ekonomik büyüme ve ticaret hacminin de artacağı görülmektedir. Ancak karayolu taşımacılığı ekonomik büyümenin temel belirleyicisi olarak değerlendirilemez. Süreç içerisinde değerlendirmenin kapsamı ve veri seti genişletilerek daha geçerli sonuçlara ulaşılabilecektir.

Article Details

ANALYSIS OF THE RELATIONSHIP BETWEEN ROAD TRANSPORTATION AND ECONOMIC GROWTH: TURKEY EXAMPLE FROM 1990-2022

Authors:

Ayşe Eryer | Arif Selim Eren | Mehmet Ali Orhan

Publisher:

Zonguldak Bulent Ecevit University

Main Topics:

Ekonometrik ve İstatistiksel Yöntemler | Büyüme | İşletme

Journal:

Uluslararası Yönetim İktisat ve İşletme Dergisi Vol.20 Issue 4, pp.1303-1323

Document Type:

Article

Publication Date:

12/2024

Document Language:

Turkish

Document ID (Org No.):

2001336914

pISSN:

2147-9208

Economic Growth

Road transport

Unit Root Test

ARDL Bounds TestEkonomik Büyüme

Karayolu taşımacılığı

Birim Kök Testi

ARDL Sınır Testi

Issues

Article Details

Authors: Ayşe Eryer | Arif Selim Eren | Mehmet Ali Orhan

Publisher: Zonguldak Bulent Ecevit University

Main Topics: Ekonometrik ve İstatistiksel Yöntemler | Büyüme | İşletme

Journal: Uluslararası Yönetim İktisat ve İşletme Dergisi Vol.20 Issue 4, pp.1303-1323

Document Type: Article

Publication Date: 12/2024

Document Language: Turkish

Document ID (Org No.): 2001336914

pISSN: 2147-9208

Issues

Authors:

Ayşe Eryer | Arif Selim Eren | Mehmet Ali Orhan

Publisher:

Zonguldak Bulent Ecevit University

Main Topics:

Ekonometrik ve İstatistiksel Yöntemler | Büyüme | İşletme

Journal:

Uluslararası Yönetim İktisat ve İşletme Dergisi Vol.20 Issue 4, pp.1303-1323

Document Type:

Article

Publication Date:

12/2024

Document Language:

Turkish

Document ID (Org No.):

2001336914

pISSN:

2147-9208