English

Hızlı Erişim


Bu Dergi DOI ve Crosscheck üyesidir


Abstract


The Sustainability of Turkey’s Current Accounts Deficit
The sustainability of the current accounts deficit is significant for the steady growth of nations and protecting their macroeconomic equilibrium. This study aims to determine if the current account deficit is sustainable using monthly data sets from 1987 to 2018. The long-term relationship between real exports and real imports was determined using the Fourier cointegration test that also considers structural breaks, and the current accounts deficit was found to be sustainable. The long-term coefficients of the variables were estimated using FMOLS analysis to determine if the current accounts deficit was sustainable in its strong or weak form, and the coefficient of the import variable was found to be 0.69. This result indicates that Turkey earned $0.69 of export income in exchange for $1 of imports, that exportation was dependent on importation in Turkey, and that the current account deficit was sustainable in its weak form, meaning that export incomes met a certain part of the import incomes. Then, a causality test was conducted with the variables at hand, and no causal relationships were found. This means that Turkey’s current accounts deficit is sustainable in its weak form, and this is a significant problem for Turkey’s economy. It is important for Turkey to ensure that current accounts deficit sustainability is in its strong form for the national economy.

Keywords
Macroeconomics, Current Accounts Deficit, Sustainability, Fourier Cointegration


Gelişmiş Arama


Duyurular

    Yayına Kabul Edilecek Bilimsel Alanlar

    Beşeri ve Sosyal Bilimler alanında makaleler yayınlayan JoHUT, hakemlik sürecindeki sorunlar nedeniyle ve TR Dizin v.b indekslerde taranma şartlarından biri olan belirli bir alana yönelik yayın yapma şartını yerine getirmek amacıyla alan sınırlamasına gitmektedir. Bu bağlamada, 2021 yılından başlayarak Türk Dili ve Edebiyatı, İngiliz Dili ve Edebiyatı, Resim, Müzik, Eğitim Bilimleri, Hukuk, Ekonomi, Ekonometri, Üretim Yönetimi, Maliye, Muhasebe ve Finans, Dış Ticaret, İlahiyat alanlarındaki makaleler kabul edilmeyecektir.  Yazar ve hakemlere duyurulur.


    Haziran 2020 Sayısı

    Dergimizin Haziran 2020 Sayısı (Cilt: 10, Sayı:2) yayınlanmıştır. Tüm hakem ve yazarlarımıza katkıları için teşekkür ederiz.


Derginin Yeni Adı (2020 yılı 10. ciltten itibaren)
Journal of Humanities and Tourism Research
Derginin Eski Adı
Karabük Üniversitesi Sosyal Bilimler Enstitüsü Dergisi (2010-2020)
ISSN: 1309-436X eISSN:2147-7841 (2013-2020)

Adres :Journal of Humanities and Tourism Research
Telefon :0370 418 86 00 Faks :0 370 418 83 33
Eposta :nturker@karabuk.edu.tr

Web Yazılım & Programlama Han Yazılım Bilişim Hizmetleri