Balance-of-payments-constrained growth: the case of Turkey

Ferda Halicioglu

Journal of Post Keynesian Economics, 2012, vol. 35, issue 1, 65-78

Abstract: In order to test the existence of Thirlwall's law for Turkey during the 1980-2008 period, a bounds test approach to cointegration is applied. The empirical results suggest that Thirlwall's law holds for Turkey. This study also suggests some policy recommendations to curb the deficits in the balance of payments.

Date: 2012
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Working Paper: Balance-of-Payments Constrained Growth: the Case of Turkey (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:mes:postke:v:35:y:2012:i:1:p:65-78

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DOI: 10.2753/PKE0160-3477350104

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