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Bütçe Ve Ticaret Açıkları Arasındaki İlişki: Türkiye Uygulaması

İhsan Günaydın
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İhsan Günaydın: Karadeniz Technical University

Ekonomik Yaklasim, 2004, vol. 15, issue 52-53, 143-159

Date: 2004
Note: [English Title] Not available [English Abstract] The paper examines the causal relationship between budget deficit and trade deficit by using an innovative econometric methodology to study the direction of causality between the two variables. We apply our methodology, based on the Tada-Yamamoto test for causality, to time-series data for the period 1987:1-2003:2 for Turkey. The empirical results show that there is a unidirectional causal relationship between budget deficits and trade deficits. The causality runs from budget deficits to trade deficits. [English Keywords] Not available
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