期刊名称:Selcuk Universitesi Sosyal Bilimler Enstitusu Dergisi
印刷版ISSN:1302-1796
出版年度:2008
期号:20
页码:245-255
出版社:Selcuk University
摘要:The purpose of this study is to analyze the impact of the public internal debt of Turkey onsome macroeconomic indicators such as growth, inflation, interest rates for the period of 1987-2007 is analyzed. In this study, ADF Unit Root Test, Johansen Cointegration Test and GrangerCausality Tests are used to analyze data.According to the results of research, it is observed that although there is no cointegrationbetween internal debt-interest rate and internal debt-inflation, there is a cointegration betweeninternal debt and growth. Moreover, it determined a causality relation between internal debt andgrowth. This result indicates that internal debt is the most important source of growth occurringin Turkish economy for the period of 1987-2007
关键词:Internal Debt ; Public Debt ; ADF Test ; Cointegration