Kayhan, Selim; Bayat, Tayfur; Yüzbaşı, Bahadir - In: Economic Modelling 35 (2013) C, pp. 153-158
The purpose of this study is to determine the causality between trade deficit and government expenditures in the Turkish economy. We employ bootstrap process-based Toda-Yamamoto causality and frequency domain analysis methods. Results obtained from both methods imply that there is a...