Tarımsal katma değer üzerinde hollanda hastalığı etkileri: Azerbaycan, kazakistan, kırgızistan ve özbekistan için bulgular

This study investigates the existence of Dutch disease with the role of oil rents on agricultural value added in selected Turkish Republics (Azerbaijan, Kazakhstan, Kyrgyzstan and Uzbekistan) for the period from 1991 to 2013. For this purpose, we use ARDL bound test approach and the results show that there is a long-run relation-ship between oil rents and agricultural value added in Azerbaijan, Kazakhstan and Kyrgyzstan. In the short-run, it is concluded that agricultural value added is negatively affected by oilrents in Azerbaijan. On the other-hand, we concluded that agricultural value added is positively affected by oil rents in Kazakhstan and Kyrgyzstan. Similarly, the negative effect of oil rents on agricultural value added exists only for Azerbaijan in the long-run. Therefore, the results concluded that Dutch disease is valid in Azerbaijan. Furthermore, the results show that the prosperities obtained from the natural resources are efficiency used in Kazakhstan and Kyrgyzstan, but the neutrality relationship exists between oil-rents and agricultural value added in Uzbekistan.