Yıl 2019, Cilt 17 , Sayı 2, Sayfalar 53 - 68 2019-06-30

IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY

Cüneyt KOYUNCU [1] , Seyfettin ÜNAL [2]


Çalışmada küreselleşme ve dış borç faiz oranı arasındaki uzun dönemli ilişki araştırılmıştır. Kullanılan veri seti Türkiye’ye ilişkin 1970-2014 dönemini kapsayan bir zaman serisidir. Öncelikle, serilerin durağan olup olmadığını belirlemek üzere birim kök testi uygulanmıştır. Daha sonra, serilerin uzun dönemde birlikte hareket edip etmediği sınır testi ile incelenmiştir. Ardından, ARDL modelinin hata düzeltme formu kullanılarak değişkenlerin hem kısa hem de uzun dönem katsayılarının tahminlemesi yapılmıştır. Son olarak, seriler arasındaki nedensellik ilişkisi bulunup bulunmadığı nedensellik testiyle incelenmiştir. Ulaşılan bulgular, küreselleşme ve dış borç faiz oranı serilerinin eş-bütünleşik olduğunu; dolayısıyla, uzun dönemde birlikte hareketini ortaya koymaktadır. Uzun dönemli katsayı tahminlemesi, küreselleşmenin Türkiye’nin dış borç faiz oranı üzerinde istatistiksel olarak anlamlı olmak üzere düşürücü bir etkisi olduğuna işaret etmektedir. Ayrıca, küreselleşmeden dış borç faiz oranına doğru tek yönlü bir nedenselliğin varlığı tespit edilmiştir. Elde edilen sonuçlar, resmi ve özel kredi verici olmak üzere iki farklı borç sağlayıcının uyguladığı faiz oranları için de geçerliliğini korumaktadır.

Globalization, External Debt, ARDL Model, Turkey.
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Birincil Dil en
Konular Sosyal
Bölüm İktisadi ve idari Bilimler Sayısı
Yazarlar

Orcid: 0000-0002-8638-2761
Yazar: Cüneyt KOYUNCU

Yazar: Seyfettin ÜNAL

Tarihler

Yayımlanma Tarihi : 30 Haziran 2019

Bibtex @araştırma makalesi { cbayarsos584352, journal = {Celal Bayar Üniversitesi Sosyal Bilimler Dergisi}, issn = {1304-4796}, eissn = {2146-2844}, address = {}, publisher = {Celal Bayar Üniversitesi}, year = {2019}, volume = {17}, pages = {53 - 68}, doi = {10.18026/cbayarsos.584352}, title = {IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY}, key = {cite}, author = {KOYUNCU, Cüneyt and ÜNAL, Seyfettin} }
APA KOYUNCU, C , ÜNAL, S . (2019). IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi , 17 (2) , 53-68 . DOI: 10.18026/cbayarsos.584352
MLA KOYUNCU, C , ÜNAL, S . "IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY". Celal Bayar Üniversitesi Sosyal Bilimler Dergisi 17 (2019 ): 53-68 <https://dergipark.org.tr/tr/pub/cbayarsos/issue/46659/584352>
Chicago KOYUNCU, C , ÜNAL, S . "IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY". Celal Bayar Üniversitesi Sosyal Bilimler Dergisi 17 (2019 ): 53-68
RIS TY - JOUR T1 - IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY AU - Cüneyt KOYUNCU , Seyfettin ÜNAL Y1 - 2019 PY - 2019 N1 - doi: 10.18026/cbayarsos.584352 DO - 10.18026/cbayarsos.584352 T2 - Celal Bayar Üniversitesi Sosyal Bilimler Dergisi JF - Journal JO - JOR SP - 53 EP - 68 VL - 17 IS - 2 SN - 1304-4796-2146-2844 M3 - doi: 10.18026/cbayarsos.584352 UR - https://doi.org/10.18026/cbayarsos.584352 Y2 - 2019 ER -
EndNote %0 Celal Bayar Üniversitesi Sosyal Bilimler Dergisi IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY %A Cüneyt KOYUNCU , Seyfettin ÜNAL %T IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY %D 2019 %J Celal Bayar Üniversitesi Sosyal Bilimler Dergisi %P 1304-4796-2146-2844 %V 17 %N 2 %R doi: 10.18026/cbayarsos.584352 %U 10.18026/cbayarsos.584352
ISNAD KOYUNCU, Cüneyt , ÜNAL, Seyfettin . "IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY". Celal Bayar Üniversitesi Sosyal Bilimler Dergisi 17 / 2 (Haziran 2019): 53-68 . https://doi.org/10.18026/cbayarsos.584352
AMA KOYUNCU C , ÜNAL S . IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi. 2019; 17(2): 53-68.
Vancouver KOYUNCU C , ÜNAL S . IS THERE A CO-INTEGRATION BETWEEN EXTERNAL DEBT INTEREST RATE AND GLOBALIZATION? THE CASE OF TURKEY. Celal Bayar Üniversitesi Sosyal Bilimler Dergisi. 2019; 17(2): 68-53.