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The Twin Deficits Phenomenon In Turkey: An Empirical Investigation
2013
Journal:  
Journal of Business Economics and Finance
Author:  
Abstract:

The aim of this study is to explore the relationship between budget deficit and the current account deficit for Turkey over the period 19872005. Considering the structural breaks in the series, the stationarity analysis is employed by means of Zivot- Andrews unit root test. In the succeeding step of the methodology, by utilizing Toda Yamamato test, the causality relationship between the budget deficit and the current account deficit is examined. The empirical results indicate that current account deficit is a causing variable for the budget deficit in Turkish economy.

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Journal of Business Economics and Finance

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 315
Cite : 354
2023 Impact : 0.029
Details
Journal of Business Economics and Finance