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The Turkish current account has been exploding in the last few years leading to concerns of a crisis. One of the primary factors identified in the rising deficits is the appreciating lira. In addition, income elasticity of exports and imports can also shed light on continuing trade deficits. In...
Persistent link: https://www.econbiz.de/10008460510
In this paper, we evaluate the impact of Turkey's membership on EU voting. The aspects that we discuss are decision …
Persistent link: https://www.econbiz.de/10005792179
Should privately informed agents with diverging interests act independently or should they commit to a mechanism? This paper analyzes different communication and decision protocols when communication involves delay. It studies under which conditions agents should (i) choose their actions...
Persistent link: https://www.econbiz.de/10005498109
The dramatic surge in imports of goods and services without a concomitant surge in exports in Turkey deserves a sound … explanation. The studies on the issue addressed increasing import dependency of the manufacturing sector in Turkey. This paper has …
Persistent link: https://www.econbiz.de/10008764440
eventual accession of Turkey to the European Union. The results of the simulations show that Turkey's accession to the European …% of the initial TFP gap between Turkey and the European Union. That gure becomes 45% when capital mobility is introduced. …
Persistent link: https://www.econbiz.de/10008764442
“micro” region in Western Turkey. This subdivision (Artur) in Karaaðaç, Izmir, consists of 1729 residential units, mostly …
Persistent link: https://www.econbiz.de/10008764443
objective of this paper is to enlighten the impact of EU accession of CEEC countries and Turkey on FDI flows into these …, Slovakia, Romania, Bulgaria, Turkey Croatia, Macedonia, and Ukraine. The empirical results suggest that as agglomeration …
Persistent link: https://www.econbiz.de/10008764444
In late 1979 Turkey found itself in the throes of a foreign exchange crisis, with widespread shortages, negative growth … and three-digit inflation. A decade later, Turkey has a comfortable balance-of-payments situation, and holds considerable …
Persistent link: https://www.econbiz.de/10005281400
We test for sustainability of Turkey’s current account position between 1992 and 2007 using the intertemporal solvency … tests to determine linkages between exports and imports+ in Turkey. Using the Johansen test we find no cointegration and …
Persistent link: https://www.econbiz.de/10005558792
account. We find consumption tilting dynamics are in effect. As expected of borrowing developing countries, Turkey tilts … and testable implications we believe that although Turkey breached the intertemporal solvency condition in the 1990s, this … is not true for Turkey in the period following the 2001 crisis. Therefore, we conclude that changed fundamentals in …
Persistent link: https://www.econbiz.de/10005558793