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

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