TY  - JOUR
TT  - THE MACROECONOMIC REACTION OF TURKEY TO GLOBAL FINANCIAL CRISIS: AN EMPIRICAL APPLICATION
AU  - Şit, Mustafa
PY  - 2017
DA  - October
DO  - 10.17755/esosder.288903
JF  - Elektronik Sosyal Bilimler Dergisi
JO  - esosder
PB  - Cahit AYDEMİR
WT  - DergiPark
SN  - 1304-0278
SP  - 1127
EP  - 1141
VL  - 16
IS  - 63
KW  - Küresel Finans Krizi
KW  - Türkiye Ekonomisi
KW  - Lee-Strazicich
KW  - Frequency Domain Nedensellik Testi
N2  - Globalfinancial crisis has been affected the whole world in the last quarter of 2008,has led to a severe recession in the international markets. Crisis effects started in the USA and has affected manydeveloped and developing countries, including Turkey. In this study, theeffects of 2008 global financial crisis on Turkey were examined with macro-economic respects. In this context, primarily the public and private sectorexternal debt stock, stock indexes, foreign exchange, Brent oil prices,imports, exports, current account balance, short-and long -term foreign capitalinvestment and GDP growth are analyzed. Then, examined the interaction between IstanbulStock Exchange National 100 Index (bist),interest rates (faiz), export (ihr) and U.S. Dollars (usd) indicators with economic growth (gdp) via empirical methods. Accordingto the findings of the study, Istanbul Stock Exchange National 100 index in themedium and long-term, interest rates in the short and medium term, exports inthe medium and long-term causes on the economic growth. In addition to thesefindings, economic growth cause export in the short term.
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UR  - https://doi.org/10.17755/esosder.288903
L1  - https://dergipark.org.tr/en/download/article-file/346371
ER  -