Özet:

One of the major economic events that emerged since the 1980s when global trade began to rise and capital flows began to circulate freely between countries is the double-open hypothesis. The double-open hypothesis is defined as the impact of budget gap and currency gap on each other. The Keynesian approach claims that there is a relationship between budget gap and charity gap, while the Ricardo Equality hypothesis claims that there is no relationship between budget gap and charity gap. In this study, in Turkey in the period 2006:Q1-2018:Q2 it was studied by the series analysis method when the binary open hypothesis was valid. In this context, Johansen has used the analysis of integration, the error correction model, the effect-up functions and the variance separation methods. According to the findings obtained, in Turkey in the period 2006:Q1-2018:Q2 there was a long-term relationship between the budget gap and the currency open and therefore the binary open hypothesis was valid.

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