出版社:Ege University, Faculty of Economics and Administrative Sciences
摘要:In this study, the balance-of-payments constrained economic growth known as Thirlwall's law was tested to include capital flows and debt servicing for Turkey at the period of 1982-2008 using Kalman filter estimation method. According to the results, Thirlwall and Hussain’s (1982) and Elliott and Rhodd’s (1999) the balance-of-payments constrained economic growth rate is the best indicator ofactual growth rate.