期刊名称:Annals of Dunărea de Jos University. Fascicle I : Economics and Applied Informatics
印刷版ISSN:1584-0409
出版年度:2016
期号:3
出版社:Dunarea de Jos University of Galati
摘要:In this study, the relationship between economic growth and current deficit is analyzed for Turkish economy with the annual data covering the period 1990-2015. Two variables; one is gross domestic product and the other one is current deficit, have taken place in the analyses. Time series data related to variables have been tested with ADF and PP Unit Root Tests, and it has been observed that the variables are stationary in the first level. In order to determine the causality relationship between variables, Granger Causality Test has been applied, and a unidirectional causality relationship from economic growth to current deficit has been found. Finally, Regression and Correlation Analyses have been applied in order to determine the direction and the degree of the relationship. The Regression Analysis has revealed that 1% increase in economic growth causes 3.43% increase in current deficit. In other words, the increase in growth causes increase in current deficit by affecting the balance of current account in a bad way.
关键词:Economic growth; Current deficit; ; Time series analysis; Granger ; causality Test; Regression analysis