IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-00279391.html
   My bibliography  Save this paper

Peut-on parler de déficit jumeaux pour la Turquie ? Une étude empirique sur la période 1988-2000

Author

Listed:
  • Thomas Jobert

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur, UR2 - Université de Rennes 2, GSU - Université Galatasaray)

  • Irem Zeyneloğlu

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, GSU - Université Galatasaray)

Abstract

For the last two decades Turkey has had both current account and budget deficits. By using the tools of VAR method, such as cointegration, Granger causality tests and instantaneous causality tests, we show that the existence of these two deficits in Turkey cannot be defined as "twin deficits". The persistence of budget deficits, in spite of primary surpluses, is due to the high level of real interest rates and to the burden of debts caused by high real interest rates. The current account deficit is due to Turkey's production structure. Specifically, Turkey imports intermediate goods in order to export them later as finished goods.

Suggested Citation

  • Thomas Jobert & Irem Zeyneloğlu, 2006. "Peut-on parler de déficit jumeaux pour la Turquie ? Une étude empirique sur la période 1988-2000," Post-Print hal-00279391, HAL.
    • Handle: RePEc:hal:journl:hal-00279391
    DOI: 10.3917/ecoi.105.0063
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00279391. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.