ON THE CAUSALITY BETWEEN IMF CREDITS AND MACROECONOMIC INDICATORS: EVIDENCE FROM DEVELOPING COUNTRIES, 1975-2004

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dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.contributor.authorOzturk, Ilhan
dc.date.accessioned2025-03-07T20:19:27Z
dc.date.available2025-03-07T20:19:27Z
dc.date.issued2009
dc.departmentÇağ Üniversitesi
dc.description.abstractUsing panel data for 88 developing countries over the period 1975-2004, this paper analyzes the way of causality between selected ten macroeconomic variables and IMF credits. The causality has been found between IMF credits and macroeconomic indicators in eight out of ten cases in the study. Consequently, overall, it can be said that IMF credits (or IMF stabilization programs) are worsening the macroeconomic performance of developing countries rather than improving their economic problems.
dc.identifier.endpage8
dc.identifier.issn1331-677X
dc.identifier.issn1848-9664
dc.identifier.issue1
dc.identifier.startpage1
dc.identifier.urihttps://hdl.handle.net/20.500.12507/3191
dc.identifier.volume22
dc.identifier.wosWOS:000265591700001
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.language.isoen
dc.publisherRoutledge Journals, Taylor & Francis Ltd
dc.relation.ispartofEconomic Research-Ekonomska Istrazivanja
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20241226
dc.subjectIMF
dc.subjectDeveloping countries
dc.subjectPanel Unit Roots
dc.subjectGranger Causality
dc.titleON THE CAUSALITY BETWEEN IMF CREDITS AND MACROECONOMIC INDICATORS: EVIDENCE FROM DEVELOPING COUNTRIES, 1975-2004
dc.typeArticle

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