Is Fiscal Policy Sustainable in Turkey?

dc.contributor.author Ucal, Meltem
dc.contributor.author Alici, Asli
dc.contributor.other Economics
dc.date.accessioned 2019-06-27T08:05:13Z
dc.date.available 2019-06-27T08:05:13Z
dc.date.issued 2010
dc.department Fakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümü en_US
dc.description.abstract The 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.citationcount 5
dc.identifier.doi 10.2753/REE1540-496X4603S106 en_US
dc.identifier.endpage 93
dc.identifier.issn 1540-496X en_US
dc.identifier.issn 1540-496X
dc.identifier.scopus 2-s2.0-77953878224 en_US
dc.identifier.scopusquality Q1
dc.identifier.startpage 83 en_US
dc.identifier.uri https://hdl.handle.net/20.500.12469/1045
dc.identifier.uri https://doi.org/10.2753/REE1540-496X4603S106
dc.identifier.volume 46 en_US
dc.identifier.wos WOS:000279462600007 en_US
dc.identifier.wosquality Q2
dc.institutionauthor Ucal, Meltem Şengün en_US
dc.language.iso en en_US
dc.publisher M.E Sharpe Inc. en_US
dc.relation.journal Emerging Markets Finance and Trade en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/openAccess en_US
dc.scopus.citedbyCount 4
dc.subject Budget deficit en_US
dc.subject Cointegration en_US
dc.subject Financial policy en_US
dc.title Is Fiscal Policy Sustainable in Turkey? en_US
dc.type Article en_US
dc.wos.citedbyCount 5
dspace.entity.type Publication
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