Title: Causality between total factor productivity and economic growth in Mexico, Indonesia, Nigeria and Turkey: a comparative analysis

Authors: Tolulope Temilola Osinubi

Addresses: Economics Department, Faculty of Social Sciences, Obafemi Awolowo University, Ile-Ife, Nigeria

Abstract: The study examines the direction of causality between total factor productivity and economic growth in Mexico, Indonesia, Nigeria and Turkey from 1960 to 2017. Data on total factor productivity and real gross domestic product are gathered from the Penn World Table, Version 9.1 as proposed by Feenstra et al. (2015). The study employs the Granger causality test to analyse the collected data. The results show that there is a unidirectional causality that runs from productivity growth to economic growth in Nigeria and from economic growth to productivity growth in Mexico and Indonesia. Contrarily, there is no evidence of causality running either way between economic growth and productivity growth in Turkey.

Keywords: total factor productivity; economic growth; MINT countries; Granger causality test; Mexico; Indonesia; Nigeria; Turkey.

DOI: 10.1504/IJBEM.2020.106187

International Journal of Business and Emerging Markets, 2020 Vol.12 No.1, pp.1 - 10

Received: 22 Mar 2019
Accepted: 29 Jul 2019
Published online: 01 Apr 2020 *

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