Asymmetric Short-Run and Long-Run Impact of Economic Globalization on Crop Production in Turkiye
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Dosyalar
Tarih
2023
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Natl Agricultural Research & Development Inst
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study explores short-run and long-run relationship between economic globalization and crop production in Turkiye by utilizing linear and nonlinear ARDL models for two distinct indicators of crop production. Based on linear and nonlinear ARDL bound tests, the relevant variables are co-integrated and hence they move together in the long run. Economic globalization and crop production possess statistically significant positive association in the long run in linear ARDL models. On the other hand, short-run and long -run symmetry test results disclose that the relationship of economic globalization and crop production in the short-run and long-run is asymmetric. According to the estimation findings, positive and negative changes in economic globalization augment crop production. Meanwhile several tests were conducted to check the statistical validity and robustness of our findings. The results of those diagnostic tests show that neither linear ARDL models nor nonlinear ARDL models incorporate problems in the sense of non-normality, autocorrelation, heteroskedasticity, model misspecification, and parameter instability.
Açıklama
Anahtar Kelimeler
economic globalization; crop production; ARDL; NARDL; asymmetric co -integration
Kaynak
Romanian Agricultural Research
WoS Q Değeri
Q3
Scopus Q Değeri
Q4
Cilt
40
