Is Fiscal Policy Sustainable in Turkey?

dc.contributor.authorUcal, Meltem Şengün
dc.contributor.authorAlici, Asli
dc.date.accessioned2019-06-27T08:05:13Z
dc.date.available2019-06-27T08:05:13Z
dc.date.issued2010
dc.departmentFakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümüen_US
dc.description.abstractThe issue of the budget deficit has become one of the main themes of the economic policy implemented in Turkey and backed by the International Monetary Fund (IMF) following the economic crisis of 2001. The main motivation for this study is the question of whether or not the government's financial policy is sustainable and satisfies the government's long-term budget constraint. The empirical analysis is based on tests of whether government expenditure and revenue are cointegrated considering the economic liberalization period of 1989-2008. The stability of fiscal policy is examined using the Johansen multivariate cointegration method. The findings of the sustainability tests indicate that fiscal policy from the liberalization of the economy up until the 2001 economic crisis was not sustainable.en_US]
dc.identifier.citation5
dc.identifier.doi10.2753/REE1540-496X4603S106en_US
dc.identifier.endpage93
dc.identifier.issn1540-496Xen_US
dc.identifier.issn1540-496X
dc.identifier.scopus2-s2.0-77953878224en_US
dc.identifier.scopusqualityQ1
dc.identifier.startpage83en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12469/1045
dc.identifier.urihttps://doi.org/10.2753/REE1540-496X4603S106
dc.identifier.volume46en_US
dc.identifier.wosWOS:000279462600007en_US
dc.identifier.wosqualityQ2
dc.institutionauthorUcal, Meltem Şengünen_US
dc.language.isoenen_US
dc.publisherM.E Sharpe Inc.en_US
dc.relation.journalEmerging Markets Finance and Tradeen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectBudget deficiten_US
dc.subjectCointegrationen_US
dc.subjectFinancial policyen_US
dc.titleIs Fiscal Policy Sustainable in Turkey?en_US
dc.typeArticleen_US
dspace.entity.typePublication

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