DO GOVERNMENT EXPENDITURES AND TRADE DEFICITS AFFECT EACH OTHER IN THE SAME WAY? EVIDENCE FROM TURKEY

dc.contributor.authorBayat, Tayfur
dc.contributor.authorKayhan, Selim
dc.contributor.authorTasar, Izzet
dc.contributor.authorAcci, Yunus
dc.date.accessioned2024-08-04T20:57:42Z
dc.date.available2024-08-04T20:57:42Z
dc.date.issued2017
dc.departmentİnönü Üniversitesien_US
dc.description.abstractThe purpose of this study is to determine the causality between trade deficits and government expenditure for the Turkish economy in different time horizons and in the case of different shock types between year 1987 and 2014. By doing so, we aim to understand whether the twin deficit hypothesis is valid in the Turkish economy or whether government expenditures have more ability to cause the movements of trade deficit. To do this, we employ asymmetric causality test developed by Hatemi-J (2012) and Hatemi-J and Roca (2014) and rolling windows causality test developed by Balcilaret al. (2010) methods. Results obtained from all tests imply that there is a bi-directional causality between variables. Different from other causality analysis, asymmetric causality analysis results indicate that an increase in government expenditures reduces trade deficit contrarily to existing literature. This means twin divergence hypothesis might be valid in the Turkish economy instead of twin deficit hypothesis.en_US
dc.identifier.endpage180en_US
dc.identifier.issn0353-359X
dc.identifier.issn1847-2206
dc.identifier.issue1en_US
dc.identifier.startpage169en_US
dc.identifier.urihttps://hdl.handle.net/11616/102850
dc.identifier.volume30en_US
dc.identifier.wosWOS:000406447900012en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherSveuciliste Josipa Jurja Strossmayera & Osijeku, Ekonomski Faken_US
dc.relation.ispartofEkonomski Vjesniken_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectAsymmetric causalityen_US
dc.subjectgovernment expendituresen_US
dc.subjecttrade deficiten_US
dc.subjecttwin divergence hypothesisen_US
dc.titleDO GOVERNMENT EXPENDITURES AND TRADE DEFICITS AFFECT EACH OTHER IN THE SAME WAY? EVIDENCE FROM TURKEYen_US
dc.typeArticleen_US

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