In this paper, the sustainability of the balance of payments equilibrium in Turkey has been studied by bounds testing approach using the data between 1992: M01-2010: M11. The empirical evidence of the study suggests that cointegration relationship has been between the balance of payments revenues and expenses. In short-term deviations between the series ceased to exist long-term and long-term revenues to balance of payments, balance of payments costs were supported by the strong sense. Based on these results, it can be said that the balance of payments equilibrium in Turkey is sustainable
Alan : Ziraat, Orman ve Su Ürünleri; Spor Bilimleri
Dergi Türü : Uluslararası
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