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The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over...
Persistent link: https://www.econbiz.de/10010288100
first motivation is to discuss overall industrial policy developments in Turkey since 1980s. Secondly, we aim to recommend … feasible selective industrial policies for Turkey to support structural transformation. Thirdly, we comment on new Industrial … Policy Strategy in Turkey. In that respect, our three basic research questions are, firstly, "is there still any meaningful …
Persistent link: https://www.econbiz.de/10010320449
Persistent link: https://www.econbiz.de/10014459466
emerging market countries. Underlying this policy exceptionalism were the constraints posed by Turkey's pre-existing policy and …
Persistent link: https://www.econbiz.de/10010273655
This study investigates volatility spillovers between two stock markets, Turkish and Brazilian, located in different regions of the world. Using a misspecification robust causality-in-variance test, we found strong evidence supporting volatility spillovers from Istanbul Stock Exchange (ISE) to...
Persistent link: https://www.econbiz.de/10010320499
East Asian experience as the principal benchmark for comparison, this paper examines whether Turkey is on its way to …
Persistent link: https://www.econbiz.de/10010273648
level data for Turkey. The main findings indicate that female education positively and significantly affects the steady …
Persistent link: https://www.econbiz.de/10010282126
In this paper we study the interactions and feedbacks between three categories of net capital flows and growth in the Turkish economy for the 1992:01-2009:01 period using frequency domain techniques. Our main spectral analysis tool is a new version of the causality test of Geweke (1982) and...
Persistent link: https://www.econbiz.de/10010320504
level data for Turkey. The main findings indicate that female education positively and significantly affects the steady …
Persistent link: https://www.econbiz.de/10010320605
level data for Turkey. The main findings indicate that female education positively and significantly affects the steady …
Persistent link: https://www.econbiz.de/10010500205