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Empirical Analysis of Budget Deficits
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نویسنده
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PEKER Osman ,GÖÇER İsmet
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منبع
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journal of management and economics - 2012 - دوره : 19 - شماره : 1 - صفحه:163 -178
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چکیده
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In this study, the sustainability of budget deficit in turkey tested with a bounds testing approach by using monthly data 1987-2010 period. following empirical findings were reached in the study investigating three sub-term and full-term. determined that budget deficits are sustainable in weak form the periods of 1987:01-1994:03, 1994:04-2001:01 and 1987:01-2010:12, but it is sustainable in strong form the period of 2001:02-2010:12. as a result of causality analysis made according to error correction model, budget revenues are the cause of budget expenditures.
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کلیدواژه
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Budget Deficit ,Sustainability ,Co-integration ,Turkey
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آدرس
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Adnan Menderes Üniversitesi, İİBF, İktisat Bölümü, Turkey, Adnan Menderes Üniversitesi, İktisat Doktora Programı, Turkey
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Authors
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