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Quantifying International Openness in Turkey, 1965-1995 = Türkiye'nin Dışa Açılma Oranının Ölçümü, 1965-1995

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Author(s): Muhittin KAPLAN | Alper ASLAN

Journal: Dogus University Journal
ISSN 1302-6739

Volume: 7;
Issue: 1;
Start page: 86;
Date: 2006;
Original page

Keywords: Openness | Measuring openness | Principle component method | Dışa açılma | Dışa açılmanın ölçümü | Ana bileşenler analizi

ABSTRACT
The results of empirical studies on the 1980 Turkish economic reform programme frequently suggest that openness has a positive impact on growth in Turkey. However, the results of empirical literature on the relationship between openness and growth have always been under criticism for using openness variables, which are not objective measures of openness, involve measurement errors and do not capture all dimensions of openness. To overcome these criticisms, in this article, we introduce a composite openness proxy obtained using the principle component methodology that captures all dimensions of openness and provide an objective and more reliable measure of openness for Turkey.
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Tango Jona
Tangokurs Rapperswil-Jona