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Journals / Journal of Life Economics / 2019 / Cilt: 6 - Sayı: 1

THE IMPACT OF CAPITAL FLOWS ON CURRENT ACCOUNT DEFICIT FOR TURKEY

Nebile KORUCU GÜMÜŞOĞLU
Sinan ALÇIN
Pages
21–34
Publication Date
2019-01-31
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

We use vector autoregression (VAR) model and impulse responses to analyze dynamics between variables.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The impact of capital flows on macroeconomic variables is widely studied in applied literature.
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Key Findings & Data:In this context, this paper aims to analyze the impact of short-term capital flows and foreign direct investment on current account deficit for Turkey by using quarterly data for the time period 1998-2015.
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Conclusion & Impact:We use vector autoregression (VAR) model and impulse responses to analyze dynamics between variables.
🔬Design:Modeling & Simulation
📍Scope:2015 Verileri
⚙️Variables:Capital flows · Foreign direct investment · Current account deficit

Abstract

The impact of capital flows on macroeconomic variables is widely studied in applied literature. In this context, this paper aims to analyze the impact of short-term capital flows and foreign direct investment on current account deficit for Turkey by using quarterly data for the time period 1998-2015. We find out a positive and significant relationship between capital flows and current account deficit and negative insignificant relationship between capital flows and foreign direct investment. We use vector autoregression (VAR) model and impulse responses to analyze dynamics between variables.

Özet

The impact of capital flows on macroeconomic variables is widely studied in applied literature. In this context, this paper aims to analyze the impact of short-term capital flows and foreign direct investment on current account deficit for Turkey by using quarterly data for the time period 1998-2015. We find out a positive and significant relationship between capital flows and current account deficit and negative insignificant relationship between capital flows and foreign direct investment. We use vector autoregression (VAR) model and impulse responses to analyze dynamics between variables.

🔖

Cite This Article

GÜMÜŞOĞLU, N. K., ALÇIN, S. (2019). THE IMPACT OF CAPITAL FLOWS ON CURRENT ACCOUNT DEFICIT FOR TURKEY. Journal of Life Economics, Cilt: 6 - Sayı: 1, 21–34. https://ajindex.com/articles/2474

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