Balance of payments constrained growth in Turkey: Evidence from ardl bound testing approach

dc.contributor.authorAcaravci, Ali
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:25:49Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:25:49Z
dc.date.issued2009
dc.departmentMeslek Yüksekokuluen_US
dc.description.abstractThe aim of this study is to empirically test the validity of Thirlwall's Law in Turkey during the period of 1980:1-2006:4 using an Autoregressive Distributed Lag (ARDL) Bounds testing approach. The empirical results reveal that import is cointegrated with relative price and income. The estimates of the long run elasticities from this function are used to compute the equilibrium growth rate. The difference between the equilibrium and actual economic growth rates are small Nevertheless, results from regressions of equilibrium growth rates indicate that the Thirlwall's law does not hold for Turkey.en_US
dc.identifier.endpage65en_US
dc.identifier.issn1648-4460
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-67650266873
dc.identifier.scopusqualityQ2
dc.identifier.startpage57en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12507/461
dc.identifier.volume8en_US
dc.indekslendigikaynakScopus
dc.language.isoen
dc.relation.ispartofTransformations in Business and Economics
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectARDLen_US
dc.subjectBalance of Paymentsen_US
dc.subjectBound Testen_US
dc.subjectGrowthen_US
dc.subjectThirlwall's Lawen_US
dc.subjectTurkeyen_US
dc.titleBalance of payments constrained growth in Turkey: Evidence from ardl bound testing approach
dc.typeArticle

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