Arbeitspapier
The balance of payments as a constraint on Turkey's growth, 1960 - 2004
The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over the period of 1960-2004 using OLS. Empirical findings of this paper support the BPCG model for the whole period under consideration. For the different sub-periods, there are either different essential economic relations or behaviors behind the BOP constraint.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2008-13
- Klassifikation
-
Wirtschaft
Empirical Studies of Trade
Economic Integration
Open Economy Macroeconomics
Economic Growth of Open Economies
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
- Thema
-
balance of payments constraint
Turkey
economic growth
international trade
elasticity
neo-liberalism
Wirtschaftswachstum
Außenwirtschaft
Zahlungsbilanz
Türkei
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pacaci Elitok, Secil
Campbell, Al
- Ereignis
-
Veröffentlichung
- (wer)
-
The University of Utah, Department of Economics
- (wo)
-
Salt Lake City, UT
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Pacaci Elitok, Secil
- Campbell, Al
- The University of Utah, Department of Economics
Entstanden
- 2008