TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD

Volume: 9 Number: 4 October 31, 2016
Ayşe Durgun , Dilek Göze Kaya , Levent Kösekahyaoğlu
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Academic Review of Economics and Administrative Sciences Cover Academic Review of Economics and Administrative Sciences
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TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD

Abstract

Budget deficit and current deficit issues are critical macro economic variables for most economies. Therefore, there has been a large number of academic work on this field. This study examines the causality relation between budget deficit, current deficit, exchange rate and interest rate in Turkey for 2001-2014 period. In empirical part of the work, we employ Toda Yamato causality test and we do not find any support for the twin deficit hypothesis. Our findings indicate that there is a unidirectional causality running from current deficit to budget deficit and a bi-directional causality between interest rate and budget deficit. We also find that there is a unidirectional causality running from exchange rate to budget deficit.

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Details

Primary Language

Turkish

Subjects

-

Journal Section

-

Authors

Dilek Göze Kaya This is me

Publication Date

October 31, 2016

Submission Date

January 18, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 9 Number: 4

IZ

https://izlik.org/JA83WM35NE

Cite

RIS / Bibtex
APA
Durgun, A., Göze Kaya, D., & Kösekahyaoğlu, L. (2016). TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD. Ömer Halisdemir Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 9(4), 211-228. https://izlik.org/JA83WM35NE
AMA
1.Durgun A, Göze Kaya D, Kösekahyaoğlu L. TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2016;9(4):211-228. https://izlik.org/JA83WM35NE
Chicago
Durgun, Ayşe, Dilek Göze Kaya, and Levent Kösekahyaoğlu. 2016. “TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD”. Ömer Halisdemir Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 9 (4): 211-28. https://izlik.org/JA83WM35NE.
EndNote
Durgun A, Göze Kaya D, Kösekahyaoğlu L (October 1, 2016) TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 9 4 211–228.
IEEE
[1]A. Durgun, D. Göze Kaya, and L. Kösekahyaoğlu, “TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD”, Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol. 9, no. 4, pp. 211–228, Oct. 2016, [Online]. Available: https://izlik.org/JA83WM35NE
ISNAD
Durgun, Ayşe - Göze Kaya, Dilek - Kösekahyaoğlu, Levent. “TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD”. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 9/4 (October 1, 2016): 211-228. https://izlik.org/JA83WM35NE.
JAMA
1.Durgun A, Göze Kaya D, Kösekahyaoğlu L. TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2016;9:211–228.
MLA
Durgun, Ayşe, et al. “TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD”. Ömer Halisdemir Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 9, no. 4, Oct. 2016, pp. 211-28, https://izlik.org/JA83WM35NE.
Vancouver
1.Ayşe Durgun, Dilek Göze Kaya, Levent Kösekahyaoğlu. TEST OF ‘TWIN DEFICIT HYPOTHESIS’ FOR TURKEY: AN ANALYSIS FOR 2001-2014 PERIOD. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi [Internet]. 2016 Oct. 1;9(4):211-28. Available from: https://izlik.org/JA83WM35NE

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