BALANCE OF PAYMENTS CONSTRAINED GROWTH IN TURKEY: EVIDENCE FROM ARDL BOUND TESTING APPROACH

dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.contributor.authorAcaravci, Ali
dc.contributor.authorOzturk, Ilhan
dc.date.accessioned2025-03-07T20:12:54Z
dc.date.available2025-03-07T20:12:54Z
dc.date.issued2009
dc.departmentÇağ Üniversitesi
dc.description.abstractThe aim of this study is to empirically test lite 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.
dc.identifier.endpage65
dc.identifier.issn1648-4460
dc.identifier.issue2
dc.identifier.startpage57
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2805
dc.identifier.volume8
dc.identifier.wosWOS:000266621000004
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.language.isoen
dc.publisherVilnius Univ
dc.relation.ispartofTransformations in Business & Economics
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20241226
dc.subjectgrowth
dc.subjectbalance of payments
dc.subjectThirlwall's Law
dc.subjectARDL
dc.subjectBound Test
dc.subjectTurkey
dc.titleBALANCE OF PAYMENTS CONSTRAINED GROWTH IN TURKEY: EVIDENCE FROM ARDL BOUND TESTING APPROACH
dc.typeArticle

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