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The Causality Analysis of External Debt Service and GNP : The Case of Turkey

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Erdal Karagol

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Article provided by Research and Monetary Policy Department, Central Bank of the Republic of Turkey in its journal Central Bank Review.

Volume (Year): 2 (2002)
Issue (Month): 1 ()
Pages: 39-64
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Handle: RePEc:tcb:cebare:v:2:y:2002:i:1:p:39-64

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Kollias, Christos G, 1995. "Preliminary Findings on the Economic Effects of Greek Military Expenditure," Applied Economics Letters, Taylor and Francis Journals, vol. 2(1), pages 16-18, January. [Downloadable!] (restricted)
  2. Merih Celasun & Dani Rodrik, 1989. "Turkish Experience with Debt: Macroeconomic Policy and Performance," NBER Chapters, in: Developing Country Debt and the World Economy, pages 193-211 National Bureau of Economic Research, Inc. [Downloadable!]
  3. Feder, Gershon, 1983. "On exports and economic growth," Journal of Development Economics, Elsevier, vol. 12(1-2), pages 59-73. [Downloadable!] (restricted)
  4. Daniel Levy, 2005. "Capital Stock Depreciation, Tax Rules, and Composition of Aggregate Investment," Others 0505007, EconWPA. [Downloadable!]
  5. Ghali, Khalifa H, 1998. "Public Investment and Private Capital Formation in a Vector Error-Correction Model of Growth," Applied Economics, Taylor and Francis Journals, vol. 30(6), pages 837-44, June. [Downloadable!] (restricted)
  6. Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-76, March. [Downloadable!] (restricted)
  7. Steven B. Kamin & Robert B. Kahn & Ross Levine, 1989. "External debt and developing country growth," International Finance Discussion Papers 352, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
  8. Metwally, M. M. & Tamaschke, Rick, 1994. "The interaction among foreign debt, capital flows, and growth: Case studies," Journal of Policy Modeling, Elsevier, vol. 16(6), pages 597-608, December. [Downloadable!] (restricted)
  9. van den Berg, Hendrik & Jayanetti, Sanath C., 1993. "A novel test of the monetary approach using black market exchange rates and the Johansen-Juselius cointegration method," Economics Letters, Elsevier, vol. 41(4), pages 413-418. [Downloadable!] (restricted)
  10. Hall, S G, 1989. "Maximum Likelihood Estimation of Cointegration Vectors: An Example of the Johansen Procedure," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 51(2), pages 213-18, March.
  11. Bert Hofman & Helmut Reisen, 1991. "Some evidence on debt-related determinants of investment and consumption in heavily indebted countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 127(2), pages 281-299, June. [Downloadable!] (restricted)
  12. Biswas, Basudeb & Ram, Rati, 1986. "Military Expenditures and Economic Growth in Less Developed Countries: An Augmented Model and Further Evidence," Economic Development and Cultural Change, University of Chicago Press, vol. 34(2), pages 361-72, January.
  13. Faini, Riccardo & de Melo, Jaime, 1990. "Adjustment, investment, and the real exchange rate in developing countries," Policy Research Working Paper Series 473, The World Bank. [Downloadable!]
  14. Borensztein, Eduardo, 1990. "Debt overhang, credit rationing and investment," Journal of Development Economics, Elsevier, vol. 32(2), pages 315-335, April. [Downloadable!] (restricted)
  15. Ram, Rati, 1986. "Government Size and Economic Growth: A New Framework and Some Evidencefrom Cross-Section and Time-Series Data," American Economic Review, American Economic Association, vol. 76(1), pages 191-203, March. [Downloadable!] (restricted)
  16. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Ertunc Alioglu & Can Erbil & Ferhan Salman, 2004. "Revealing Turkey’s Public Debt Burden : A Transparent Payments Approach," Working Papers 0413, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    Other versions:
  2. Ertunc Alioglu & Can Erbil & Ferhan Salman, 2004. "Revealing Turkey’s Public Debt Burden: A Transparent Payments Approach," Public Economics 0409004, EconWPA. [Downloadable!]
  3. Luke Emeka Okafor & Joanna Tyrowicz, 2008. "Foreign Debt and Domestic Savings in Developing Countries," Working Papers 2008-06, Faculty of Economic Sciences, University of Warsaw. [Downloadable!]
    Other versions:
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