{"title":"İKİZ AÇIK HİPOTEZİNİN GEÇERLİLİĞİNİN SINIR YÖNTEMİYLE SINANMASI: TÜRKİYE ÖRNEĞİ","authors":"Utku Altunöz","doi":"10.14520/ADYUSBD.763","DOIUrl":null,"url":null,"abstract":"Twin deficit identity is used to refer to a nation’s current account deficits and a simultaneous fiscal deficit. The term became widely used in the 1980s until the 1990s.Chronic external deficit problems have been encountered since the adoption of the outward-oriented growth model for Turkish economy. This study aim the validity of twin deficits hypothesis (the relationship between the budget deficit and the current account deficit) by using the data period 1998:1-2012:3 in Turkey. The Public deficit indicators represented by budget deficit / GNP, reel exchange rate index and government domestic borrowing stock. In addition, current balance deficit is an another indicator for model. For this purpose, bound test approach developed by Pesaran et al.(2001) was applied by using data of determined period. According the result of econometric analysis, there is no long-run relationship between current balance deficit and budget deficit but there is a strong positive relationship between current balance deficit and budget deficit in the short-run.","PeriodicalId":413641,"journal":{"name":"Adiyaman University Journal of Social Sciences","volume":"30 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2014-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Adiyaman University Journal of Social Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.14520/ADYUSBD.763","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 6
摘要
双赤字身份是指一个国家的经常账户赤字和同时出现的财政赤字。这个词在20世纪80年代到90年代被广泛使用。自从土耳其经济采用外向型增长模式以来，就遇到了长期的对外赤字问题。本研究利用土耳其1998:1-2012:3的数据，旨在验证双赤字假说(预算赤字与经常账户赤字之间的关系)的有效性。以预算赤字/国民生产总值、卷轴汇率指数和政府国内借款存量为代表的公共赤字指标。此外，经常收支赤字是模型的另一个指标。为此，采用Pesaran et al.(2001)开发的结合检验方法，使用确定时期的数据。根据计量分析的结果，经常收支赤字与预算赤字之间不存在长期关系，但在短期内经常收支赤字与预算赤字之间存在较强的正相关关系。
İKİZ AÇIK HİPOTEZİNİN GEÇERLİLİĞİNİN SINIR YÖNTEMİYLE SINANMASI: TÜRKİYE ÖRNEĞİ
Twin deficit identity is used to refer to a nation’s current account deficits and a simultaneous fiscal deficit. The term became widely used in the 1980s until the 1990s.Chronic external deficit problems have been encountered since the adoption of the outward-oriented growth model for Turkish economy. This study aim the validity of twin deficits hypothesis (the relationship between the budget deficit and the current account deficit) by using the data period 1998:1-2012:3 in Turkey. The Public deficit indicators represented by budget deficit / GNP, reel exchange rate index and government domestic borrowing stock. In addition, current balance deficit is an another indicator for model. For this purpose, bound test approach developed by Pesaran et al.(2001) was applied by using data of determined period. According the result of econometric analysis, there is no long-run relationship between current balance deficit and budget deficit but there is a strong positive relationship between current balance deficit and budget deficit in the short-run.
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
