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Kendigelen, Abdullah (2024) The Impact of International Trade on Economic Growth. Masters thesis, Dublin, National College of Ireland.
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Abstract
The study determines the influence of exports on the economic growth of Türkiye and Pakistan, using a description study design based on data from the World Bank. The paper focuses on exports, imports, and their implications for GDP in these two countries, hoping to reveal the impact of international trade on economic growth.
This study adopts a descriptive research design to study the effect of exports on economic growth in Türkiye and Pakistan. The methodology involves analysis of the secondary data obtained from the World Bank's statistics database and concentrates on the main descriptors like imports and exports and the GDP of both countries. The data collected are analyzed quantitatively using regression analysis to establish the linkages between exports and economic growth in Türkiye and Pakistan. Descriptive statistical techniques are used to summarize the data and calculate the main measures, for instance, the mean, standard deviation, and correlation coefficients. Moreover, the regression technique may be utilized for a more in-depth analysis of the exports and GDP connection while controlling for possible confounding variables.
Analysis of data shows that exporters' income is positively correlated with GDP in Türkiye and Pakistan. It means increasing exports leads to economic growth. One of the main findings of this research is the positive relationship between trade openness and economic growth. Trade-open economies have higher levels of economic performance. In summary, it ought to be noted that the two models (export-led growth models) run into problems when it comes to balancing the current accounts and making the export products competitive; therefore, the need for targeted policy measures emerges.
In Türkiye, the consequences mirror the role of exports in facilitating the innovation, efficiency, and expansion of markets. Despite challenges like current account deficits, Türkiye’s export-oriented policies are considered to be factors for continuous economic growth since trade openness has become a tool for attracting investment inflows and creating jobs. In Pakistan, the study stresses that trade openness has a strong relationship with the growth of GDP, but structural binds as the trade deficits and low export competitiveness pose some constraints to the economic development of the country.
Nevertheless, the data should point towards the idea that international trade is an important catalytic factor that boosts productivity and stability over the long haul. The study represents an important contribution to our understanding of the link between exports and economic growth for Türkiye and Pakistan and is relevant to policies aimed at ensuring that international trade contributes to the attainment of sustainable economic development.
| Item Type: | Thesis (Masters) |
|---|---|
| Supervisors: | Name Email Ruf, Ruben UNSPECIFIED |
| Uncontrolled Keywords: | Pakistan; Türkiye; Economic growth; Imports; Exports; GDP |
| Subjects: | H Social Sciences > Economics H Social Sciences > HC Economic History and Conditions > Globalisation H Social Sciences > HD Industries. Land use. Labor > Trade Regulation |
| Divisions: | School of Business > Master of Science in International Business |
| Depositing User: | Ciara O'Brien |
| Date Deposited: | 06 Jun 2025 15:13 |
| Last Modified: | 06 Jun 2025 15:13 |
| URI: | https://norma.ncirl.ie/id/eprint/7794 |
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