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We test for sustainability of Turkey's current account position between 1992 and 2007 using the intertemporal solvency model of Hakkio and Rush (1991) and Husted (1992). This approach examines the relationship between exports and imports+ (which include imports, net interest and unilateral...
Persistent link: https://www.econbiz.de/10011807191
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/10011807199
In this paper we assess the present sustainability of Turkey's current account position using the framework provided by Milesi-Ferretti and Razin (1996) based on the ability-to-pay and willingness-to-lend model. This framework allows us to assess the structural features and macroeconomic policy...
Persistent link: https://www.econbiz.de/10011807189
This paper examines the energy savings, environmental benefits, and economic impact of green roof systems applied to a "micro" region in Western Turkey. This subdivision (Artur) in Karaaægaç, Izmir, consists of 1729 residential units, mostly used as summer homes. The units are in 45m2, 60m2,...
Persistent link: https://www.econbiz.de/10011807203