External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis

Volume: 6 Number: 1 March 1, 2016
  • Mehmet Behzat Ekinci
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis

Abstract

An economy using external resources can aim at several targets e.g. growth, public financing, covering a deficit in the balance of payments. However, external borrowing may result in some negative impacts such as a vicious cycle of increase in external debt, a decline in economic growth, huge budget deficits and an imbalance of payments in addition to inflation. This study examines the influence of external debts on inflation in Turkey from 2003-14. In this context, the effect of external debt is measured by means of a simple linear regression analysis using both the Consumer Price Index (CPI) and the Producer Price Index (PPI). The general opinion with regard to the effect of external debt on inflation is that they are positively related. Here this is confirmed for Turkey for the said period. The results show that both consumers and producers are negatively affected by external debt in terms of inflation.

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Primary Language

English

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Journal Section

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Authors

Mehmet Behzat Ekinci This is me

Publication Date

March 1, 2016

Submission Date

March 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 1

IZ

https://izlik.org/JA42GC37ME

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RIS / Bibtex
APA
Ekinci, M. B. (2016). External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis. International Journal of Economics and Financial Issues, 6(1), 45-54. https://izlik.org/JA42GC37ME
AMA
1.Ekinci MB. External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis. IJEFI. 2016;6(1):45-54. https://izlik.org/JA42GC37ME
Chicago
Ekinci, Mehmet Behzat. 2016. “External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis”. International Journal of Economics and Financial Issues 6 (1): 45-54. https://izlik.org/JA42GC37ME.
EndNote
Ekinci MB (March 1, 2016) External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis. International Journal of Economics and Financial Issues 6 1 45–54.
IEEE
[1]M. B. Ekinci, “External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis”, IJEFI, vol. 6, no. 1, pp. 45–54, Mar. 2016, [Online]. Available: https://izlik.org/JA42GC37ME
ISNAD
Ekinci, Mehmet Behzat. “External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis”. International Journal of Economics and Financial Issues 6/1 (March 1, 2016): 45-54. https://izlik.org/JA42GC37ME.
JAMA
1.Ekinci MB. External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis. IJEFI. 2016;6:45–54.
MLA
Ekinci, Mehmet Behzat. “External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis”. International Journal of Economics and Financial Issues, vol. 6, no. 1, Mar. 2016, pp. 45-54, https://izlik.org/JA42GC37ME.
Vancouver
1.Mehmet Behzat Ekinci. External Borrowing and Inflation in Turkey from 2003-14; A Simple Linear Regression Analysis. IJEFI [Internet]. 2016 Mar. 1;6(1):45-54. Available from: https://izlik.org/JA42GC37ME