Cari İşlem Açıklarının Sürdürülebilirliği: 2001-2011 Türkiye Örneği
[Current Account Deficits Sustainability: 2001-2011 The Case Of Turkey]
AbstractThe aim of this study was re-debated in recent years begun to test whether current account deficits are sustainable. Our study has been tested with monthly data 2001:3-2011:4 period, used by Husted (1992) intertemporal model. According to the Johansen co-integration analysis, in Turkey’s economy between export and import series were found the long-term co-integration relationship. The empirical results indicate that the current account deficits are sustainable in the long run in Turkey.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36294.
Date of creation: 15 Oct 2011
Date of revision:
Publication status: Published in Çukurova Üniversitesi Sosyal Bilimler Enstitüsü Dergisi 3.20(2011): pp. 417-432
Current Account Deficits; Sustainability; Co-Integration; Error Correction Model;
Find related papers by JEL classification:
- F30 - International Economics - - International Finance - - - General
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
- C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
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- Kalyoncu, Huseyin, 2005.
"Sustainability of Current Account for Turkey: Intertemporal Solvency Approach,"
1220, University Library of Munich, Germany.
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- Baharumshah, Ahmad Zubaidi & Lau, Evan, 2005.
"Current Account Deficit Sustainability: a Panel Approach,"
Journal of Economic Integration,
Center for Economic Integration, Sejong University, vol. 20, pages 514-529.
- Ahmad Zubaidi Baharumshah & Evan Lau, 2004. "Current Account Deficit Sustainability: A Panel Approach," Working Papers 0073, National University of Ireland Galway, Department of Economics, revised 2004.
- Hakkio, Craig S & Rush, Mark, 1991. "Is the Budget Deficit "Too Large?"," Economic Inquiry, Western Economic Association International, vol. 29(3), pages 429-45, July.
- Husted, Steven, 1992. "The Emerging U.S. Current Account Deficit in the 1980s: A Cointegration Analysis," The Review of Economics and Statistics, MIT Press, vol. 74(1), pages 159-66, February.
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