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1. TÜRKİYE'DE CARİ AÇIĞIN NEDENLERİNİN EKONOMETRİK ANALİZ.

Author

Peker, Osman and Hotunluoğlu, Hakan

Subjects
*MONETARY policy, *BUDGET deficits, *REGRESSION analysis, *VECTOR analysis, *ANALYSIS of variance, *FOREIGN exchange rates, *INTEREST rates
Abstract

The objective of this paper is to examine the reasons of current account deficits in Turkey using vector autoregression (VAR) analysis for the period from 1992:01-2007:12. The empirical evidence of the study suggests that real exchange rate, real interest rate and IMKB are most important variables to explain the determinant of current account deficit in Turkey. Also, the effect of national product on current account deficit remains at a low level. [ABSTRACT FROM AUTHOR]

Published
2009