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Journals / Kocaeli Üniversitesi Sosyal Bilimler Dergisi (KOSBED) / 2009 / Cilt: 0 - Sayı: 17

Is the current account deficit in Turkey sustainable? An econometric analysis

Türkiye'deki cari açık ürdürülebilir mi? Ekonometrik bir analiz

Osman PEKER
Pages
165–175
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

That is economic’s exchange rate income is less than exchange rate expense.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this paper, the sustainable of current account deficits in Turkey is analysed by using cointegration method for the period from 1992:01-2007:12.
📊
Key Findings & Data:That is because cointegration coefficient is 0.8926, in spite of the presence of the long run relation beetwen export series and import series.
💡
Conclusion & Impact:That is economic’s exchange rate income is less than exchange rate expense.
🔬Design:Research Article
📍Scope:2007 Verileri
⚙️Variables:Domain Parameters

Abstract

In this paper, the sustainable of current account deficits in Turkey is analysed by using cointegration method for the period from 1992:01-2007:12. The empirical evidence of the study suggests that the current account deficit in Turkey can be sustainable only at a low level. That is because cointegration coefficient is 0.8926, in spite of the presence of the long run relation beetwen export series and import series. That is economic’s exchange rate income is less than exchange rate expense.

Özet

Bu çalışmada, Türkiye’de cari işlemler açığının sürdürülebirliği eş-bütünleşme yöntemi yardımıyla, 1992:01-2007-12 dönemi aylık verileri kullanılarak analiz edilmiştir. Çalışmanın ampirik kanıtlarına göre, Türkiye’de cari işlemler açığı ancak düşük düzeyde sürdürülebilir. Çünkü ihracat ile ithalat serileri arasında uzun dönem ilişkisi olmasına rağmen, eş-bütünleşme katsayısı 0.8926 çıkmıştır. Yani, ekonominin döviz gelirleri döviz giderlerinden azdır.

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Cite This Article

PEKER, O. (2022). Is the current account deficit in Turkey sustainable? An econometric analysis. Kocaeli Üniversitesi Sosyal Bilimler Dergisi (KOSBED), Cilt: 0 - Sayı: 17, 165–175. https://ajindex.com/articles/575167

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