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Growth and inflation in Turkey have been volatile over the last two decades. It would, therefore, be useful to identify … indicators for inflation and real output growth in Turkey. We find that (i) the forecasting ability of individual indicators is … indicators that anticipate economic conditions and inflation. This paper investigates the predictive performance of economic …
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The findings from the VECM for BBS data reveal that there is a positive and significant relationship between FD and GDPGR, supporting the Keynesian theory, while findings from the VECM for World Bank data indicate that the impact of Fiscal Deficit (FD) on GDPGR is mild but negative and...
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