İmalat Sektörü Firma Karlılığının Ekonomik Büyüme Üzerindeki Etkisi: Türkiye İçin Bir Uygulama

Bu çalışmanın amacı imalat sektöründe faaliyette bulunan firmaların karlılığının ekonomik büyüme etkisini araştırmaktır. Bu amaçla Türk imalat sektöründe yer alan 101 imalat sanayi firmasına ait 1995-2016 verileri doğrultusunda söz konusu ilişki panel ARDL yöntemi ile analiz edilmiştir. Analiz sonuçları hem kısa hem de uzun dönemde panel autoregressive distributed lag model (ARDL)’nin dayandığı temel tahminciler olan pool mean group (pmg), mean group (mg) ve dynamic fixed effects (dfe) ile elde edilen bağımsız değişken katsayısının pozitif olduğunu göstermiştir. Buna ek olarak yapılan Hausman test sonuçları tercih edilmesi gereken tahmincinin pmg ve dfe olduğuna işaret etmiştir. Sonuçta imalat sektöründe faaliyette bulunan firmaların karlılığındaki artışın ekonomik büyümeyi artırdığı sonucun ulaşılmıştır. Bu sonuç firma karlılığının imalat sektörü gelişimine katkıda bulunacağı görüşü doğrultusunda ekonomik büyümeye katkıda bulunduğunu kanıtlayarak, imalat sektörünün büyümenin temel dinamiği olduğu görüşünü doğrulamıştır.

Anahtar Kelimeler:

İmalat sektörü, BIST, firma, karlılık, büyüme

The Effect of Manufacturing Sector Firm Profitability on Economic Growth: Evidence From Turkey

The aim of this study is to investigate the economic growth effect of the profitability of firms operating in the manufacturing sector. For this purpose, in accordance with 1995-2016 data of 101 manufacturing firms in the Turkish manufacturing sector, the relationship is analyzed using the panel autoregressive distributed lag (ARDL) method. The analysis results showed that the independent variable coefficient obtained by pooled mean group (pmg), mean group (mg) and dynamic fixed effects (dfe), which are the main predictors of panel ARDL in bth short and long run, is positive. In addition, the Hausman test results indicated that the estimator, which should be preffered, is pmg and dfe. The result is that the increase in the profitability of firms operating in the manufacturing sector has increased the economic growth. This conclusion confirms that the manufacturing sector is the basic dynamics of growth, providing that the profitability contributes to economic growth in view of its contribution to the development of the manufacturing sector.

Keywords:

Manufacturing sector, BIST, firm, profitability, growth,

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