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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/10011807191
In this paper we assess the present sustainability of Turkey's current account position using the framework provided by … conclude that Turkey's internal structure and macroeconomic conditions (such as exports and the fiscal position) have improved … that are allowing Turkey to continue having large and increasing current account deficits. However, there is vulnerability …
Persistent link: https://www.econbiz.de/10003753802
In this paper we assess the present sustainability of Turkey’s current account position using the framework provided by … conclude that Turkey’s internal structure and macroeconomic conditions (such as exports and the fiscal position) have improved … that are allowing Turkey to continue having large and increasing current account deficits. However, there is vulnerability …
Persistent link: https://www.econbiz.de/10005558796
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 … constraint ; Turkey ; cointegration …
Persistent link: https://www.econbiz.de/10003790554
Turkey’s current account deficit widened to almost 10% of GDP in 2011 and has been narrowing only gradually since. An … important question is to what extent Turkey’s current account deficit is excessive. To explore this issue, one needs to … deficit levels. This Working Paper relates to the 2012 OECD Economic Survey of Turkey (www.oecd.org/eco/surveys/turkey). …
Persistent link: https://www.econbiz.de/10009690907
During the 2011-2015 period, Turkey's current account deficit as a percentage of GDP was one of the largest among the … of the world is expected to borrow now and run a current account de cit. Our findings suggest that Turkey's current …
Persistent link: https://www.econbiz.de/10011609959
This study examines the relationship between current-account imbalances and economic growth during the 2008-2009 financial and economic crisis for 179 countries (covered by IMF data) and within the EU-27 countries (covered by Eurostat data). The countries are divided into 4 groups by GDP per...
Persistent link: https://www.econbiz.de/10010406280
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
, Turkey …
Persistent link: https://www.econbiz.de/10003940285
of Macedonia and Turkey. It follows a macro-prudential approach, emphasising systemic risks and the stability of …
Persistent link: https://www.econbiz.de/10013141879