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The Effect of Current Account Deficit on Economic Growth: The Case of Turkey

Author

Listed:
  • Ibrahim Erem Sahin

    (SELCUK UNIVERSITY)

  • Mehmet Mucuk

    (SELCUK UNIVERSITY)

Abstract

Current account deficit ise a measurement of a country?s trade in which the value of goods and services it imports exceeds the value of goods and services it exports. Current account deficit has an important role on economic growth for developing countries. The objective of this study is to analyse the relationship between economic growth and current account deficit for Turkey using time series analysis. For this purpose, Gross Domestic Product and Current Account Deficit data of Turkey between the quarterly data including 2002-2013 were used. Empirical findings show that current account deficit affect economic growth negatively for Turkish economy.

Suggested Citation

  • Ibrahim Erem Sahin & Mehmet Mucuk, 2014. "The Effect of Current Account Deficit on Economic Growth: The Case of Turkey," Proceedings of International Academic Conferences 0301828, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:0301828
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Current Account Deficit; Economic Growth; Time Series Analysis; Turkish Economy;
    All these keywords.

    JEL classification:

    • A19 - General Economics and Teaching - - General Economics - - - Other
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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