The Effects of Export Import Coverage Ratio on Economy

In this research, a conceptual model was tested in order to clarify the relationship between the foreign trade balance and economic growth. Therefore the main purpose of the research is to examine the effect of the ratio of exports to imports on economic growth. Reliability-tested secondary data pre...

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Bibliographic Details
Main Authors: Özkan, Afife, Civelek, Mustafa Emre
Format: PDF Document
Language:eng
Published: Journal of International Trade, Logistics and Law 2021
Subjects:
Online Access:http://jital.org/index.php/jital/article/view/224
Description
Summary:In this research, a conceptual model was tested in order to clarify the relationship between the foreign trade balance and economic growth. Therefore the main purpose of the research is to examine the effect of the ratio of exports to imports on economic growth. Reliability-tested secondary data prepared by international institutions were used for per capita GDP values and the ratio of countries' exports to imports. Regression analysis was performed using the mentioned data using the SPSS computer program.  The per capita GDP values of 126 countries for the years 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018 and the ratio of the countries' exports to their imports were used in the study. By performing regression analysis, it was concluded that there is a statistically significant relationship between GDP values and the export- import coverage ratio values of the countries.