THE INDONESIA-TURKEY FOREIGN TRADE
Main Article Content
Selminaz Adıgüzel
Eko Fajar
The aim of this research is to investigate the effects of foreign trade of Indonesia and Turkey on economic growth between 2012 and 2023. The Data came from both countries’ official institution like Statistic Agency, Ministry of Trade, Ministry of Finance. The Period from 2012 until 2023. As research methods, Autoregressive Distributed Lag Bounds approach for cointegration and Toda and Yamamoto causality test were used. The effect of foreign trade on economic growth has been the subject of scientific research. To estimate the impact of foreign trade on economic growth, it was tested whether the time series were stationary or not. For time series analysis to be realistic, the data must be stationary. Time series stationarity structure was determined by the Augmented Dickey-Fuller (ADF) test. Long-term relationships of the variables were analyzed by cointegration test. The causality relationship between variables is given with the Granger Causality Test. This research aims to determine the effect of exports and imports on economic growth.
Adeleye, J. O., Adeteye, O. S., & Adewuyi, M. O. (2015). Impact of international trade on economic growth in Nigeria. International Journal of Financial Research, 6(3), 163-172. https://doi.org/10.5430/ijfr.v6n3p163
Adewuyi, M. O. (2015). Impact of international trade on economic growth in Nigeria (1988-2012). International Journal of Financial Research, 6(3), 163-172. https://doi.org/10.5430/ijfr.v6n3p163
Adzimatinur, F. (2018). Competitiveness analysis and factors affecting trade of main commodities between Indonesia and Turkey. Indonesian Journal of Business and Economics, 1(2).
Afonso, O. (2001). The impact of international trade on economic growth (FEP Working Papers No. 106). Universidade do Porto, Faculdade de Economia do Porto.
Akkaş, İ., & Öztürk, M. (2016). Türkiye'de ihracat, ithalat ve ekonomik büyüme arasındaki nedensellik ilişkilerinin analizi. Uluslararası Sosyal Araştırmalar Dergisi, 9(42), 1329-1337.
Alotaibi, A. D., Alosaimi, F. M., Alajlan, A. A., & Bin Abdulrahman, K. A. (2020). The relationship between sleep quality, stress, and academic performance among medical students. Journal of Family and Community Medicine, 27(1), 23-28. https://doi.org/10.4103/jfcm.JFCM_132_19
Bilgiç, E. (2022). Infrastructure as a determinant of national advantage in service export: The case of Türkiye. Uluslararası İktisadi ve İdari İncelemeler Dergisi, (37), 89-102.
Carsten, F., Aaditya, M., & Ileana, C. N. (2005). Assessing the impact of communication costs on international trade. Journal of International Economics, 67(2), 428-445.
Çelik, A., Bajja, S., Hassan, R., Chenal, J., & Bouyghrissi, S. (2024). Effects of urbanization and international trade on economic growth, productivity, and employment: Case of selected countries in Africa. Heliyon, 10(13). https://doi.org/10.1016/j.heliyon.2024.e33539
Fasanya, I. O., Farahane, M., & Heshmati, A. (2020). Trade and economic growth: Theories and evidence from the Southern African Development Community (GLO Discussion Paper No. 657). Global Labor Organization (GLO).
Indonesia's export-import prediction: A hybrid moving average approach. (2018). Journal of Engineering and Science Research, 2(6), 37-43.
Kantur, Ç., & Türkekul, B. (2023). Comparative advantage of yarn and weaving industries: Evidence for Türkiye and top exporters. Fibres and Textiles in Eastern Europe, 31(1), 15-24.
Karaman, S., Özkan, B., & Yiğit, F. (2022). Export competitiveness of Turkish agri-food products in the European Union and the Shanghai Cooperation markets. Tarım Bilimleri Dergisi.
Manurung, R., Rezasyah, T., Bainus, A., & Kantaprawira, R. (2022). Strengthening Indonesia-Russia trade economy relations: Indonesia's effort to access Eurasia market. International Trade and Trade Policy, 7(4), 93-112.
Miryanti, R., & Baniyah, S. (2023). Analysis of Indonesia's loss against the United States of America in the horticultural trade dispute at the World Trade Organization.
Moyo, C., & Khobai, H. (2018). Trade openness and economic growth in SADC countries (MPRA Paper No. 84254). Munich Personal RePEc Archive. https://mpra.ub.uni-muenchen.de/84254/
Onakoya, A. B. O. (2012). Does foreign aid accelerate economic growth? An empirical analysis for Nigeria [Department of Economics]. University of Ibadan.
Pangestu, M., Rahardja, S., & Ing, L. Y. (2015). Fifty years of trade policy in Indonesia: New world trade, old treatments. Bulletin of Indonesian Economic Studies, 51(2), 239-261.
Purnama, P. D., & Yao, M. H. (2019). The relationship between international trade and economic growth. International Journal of Applied Business Research, 1(2), 112-123.
Rahman, M. (2021). The dynamic nexus of energy consumption, international trade and economic growth in BRICS and ASEAN countries: A panel causality test. Energy.
Rodriguez, F., & Rodrik, D. (2000). Trade policy and economic growth: A skeptic's guide to the cross-national evidence (NBER Working Paper No. 7081). National Bureau of Economic Research.
Rose, A. K. (2004a). Do WTO members have a more liberal trade policy? Journal of International Economics, 63(2), 209-235.
Rose, A. K. (2004b). Do we really know that the WTO increases trade? The American Economic Review, 94(1), 98-114.
Rose, A. K. (2005a). Which international trade institutions promote international trade? Review of International Economics, 13(4), 682-698.
Rose, A. K. (2005b). Which international institutions promote international trade? Review of International Economics, 13(4), 682-698.
Rose, A. K. (2006). The effect of membership in the GATT/WTO on trade: Where do we stand? (Draft).
Şerefli, M. (2016). Dış ticaretin ekonomik büyüme üzerine etkisi: Türkiye örneği. Kastamonu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 13(3), 136-143.
Taştan, H. (2010). Türkiye'de ihracat, ithalat ve ekonomik büyüme arasındaki nedensellik ilişkilerinin spektral analizi. Ekonomi Bilimleri Dergisi, 2(1), 87-98.
Tomz, M., Goldstein, J. L., & Rivers, D. (2007). Do we really know that the WTO increases trade? The American Economic Review, 97(5), 2005-2018.
Turkish Ministry of Foreign Affairs. (n.d.). Turkey's commercial and economic relations with Indonesia. Retrieved April 29, 2026, from https://www.mfa.gov.tr/turkey_s-commercial-and-economic-relations-with-indonesia.en.mfa
Williamson, J., & Clemens, M. (2002). Why did the tariff-growth correlation reverse after 1950? (NBER Working Paper No. 9181). National Bureau of Economic Research.
Yılmaz, Ö., & Albayrak, M. (2023). Türkiye'de dış ticaretin ekonomik büyüme üzerindeki etkisinin ampirik analizi. Uluslararası İktisadi ve İdari İncelemeler Dergisi, (38), 89-107. https://doi.org/10.18092/ulikidince.1144391





































