Balance-of-payments-constrained growth: the case of Turkey


Halicioglu F.

JOURNAL OF POST KEYNESIAN ECONOMICS, cilt.35, ss.65-77, 2012 (SSCI İndekslerine Giren Dergi)

  • Cilt numarası: 35 Konu: 1
  • Basım Tarihi: 2012
  • Doi Numarası: 10.2753/pke0160-3477350104
  • Dergi Adı: JOURNAL OF POST KEYNESIAN ECONOMICS
  • Sayfa Sayısı: ss.65-77

Özet

In order to test the existence of Thirlwall's law for Turkey during the 1980-2008 period, a bounds test approach to cointegration is applied. The empirical results suggest that Thirlwall's law holds for Turkey. This study also suggests some policy recommendations to curb the deficits in the balance of payments.