Ismihan, Mustafa; Metin-Ozcan, Kivilcim; Tansel, Aysit - 2003
in Turkey over the period 1963-1999. We use recent time series econometric techniques, such as cointegration and impulse … investment, especially, its infrastructural component, and shattered or, even reversed the complementarity between public and … private investment in the long-run. Therefore, Turkish experience has shown that macroeconomic instability not only …