The Effects of Changes in Oil Prices on Turkey’s Current Account Deficit

Selim Güngör, Lütfiye Sönmez, Özge Korkmaz and Süleyman Serdar Karaca
Additional contact information
Selim Güngör: Gaziosmanpaşa University
Lütfiye Sönmez: Gaziosmanpaşa University
Özge Korkmaz: Bayburt University
Süleyman Serdar Karaca: Gaziosmanpaşa University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2016, vol. 31, issue 106, 29-48

Abstract: The aim of this study is to examine the effect of changes inoil prices on turkey’s current account deficit the period of databelongs to 1992:1 to 2015:12. In this context, monthly brent oilprices and turkey’s monthly current account deficit data havebeen analysed with arch-garch models. According to the resultsobtained from this model has been shown to have an effecton the current account deficit will reduce oil prices and deficit onthe current account of the structural break has been determinedthat there is no significant effect.keywords: oil prices, current

Keywords: Oil Prices; Current Account Deficit; Foreign Trade Deficit; ARCH-GARCH Models (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/tr/download/article-file/302233 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:31:y:2016:i:106:p:29-48

DOI: 10.33203/mfy.312266

Access Statistics for this article

Journal of Finance Letters (Maliye ve Finans Yazıları) is currently edited by Süleyman Kale

More articles in Journal of Finance Letters (Maliye ve Finans Yazıları) from Maliye ve Finans Yazıları Yayıncılık Ltd. Şti.
Bibliographic data for series maintained by Süleyman Kale ().