The Relationship Between Triple Deficit and Growth: The Case of Turkey
Küçük Resim Yok
Tarih
2015
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
ESKISEHIR OSMANGAZI UNIV, FAC EDUCATION
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Macroeconomic equilibrium in an economy is provided by equalizing of internal and external economic balances. While internal economic balance consists of saving-investment balance of the private sector and the income-expenditure balance of the public sector (budget balance), the external economic balance is comprised of the current account balance. According to this equation, when both internal economic balances gave deficits, it is required that the current account balance is expected to give a deficit up to them. This situation is defined as "triple deficit". Triple deficits are generally a problem occurring in the economies trying to grow over the potential, in which there is an insufficient domestic savings. Therefore, it must have been examined the relationship between triple deficit and growth in Turkey. In this study, the effect of each component (balances) of the "triple deficit" hypothesis on growth are studied by VAR model during period of 2003Q2-2012Q4 in Turkey and it is found that these balances are the most explaining variables the growth.
Açıklama
Anahtar Kelimeler
Twin Deficit, Triple Deficit, Growth, Turkey
Kaynak
ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
10
Sayı
2
