Binatli, Ayla Oğuş; Sohrabji, Niloufer - In: Panoeconomicus 59 (2012) 1, pp. 89-104
We test for sustainability of Turkey’s current account position between 1987 and 2009 using the intertemporal solvency … constraint is satisfied if there is cointegration between exports and imports+ (which include imports, net interest income and … unilateral transfer payments). We test for, and find evidence of, cointegration using the standard Johansen test as well as the …