CARİ AÇIK AÇISINDAN İKTİSADİ BÜYÜME BİR SORUN MUDUR? KISIR DÖNGÜYE AMPİRİK BİR BAKIŞ: TÜRKİYE ÖRNEĞİ

Gülgün ÇİĞDEM-
2019 Diyalektolog - Ulusal Hakemlin Sosyal Arastirmalar Dergisi  
Developing countries with insufficient national savings have to have a current account deficit in order to grow. The decision makers in these countries, which are fragile due to the current account deficit, are on the knife edge and often cannot develop an economic growth model that will not produce a current account deficit. In this study conducted to question if there is a relationship between economic growth and current account deficit forming a vicious cycle in developing countries, the
more » ... tionship between variables were searched taking the numbers of Turkey's Gross Domestic Product (GDP) (with fixed prices, USD) between 1974-2018 and the current account deficit (million USD) from IMF. Engle-Granger and Johansen Cointegration Tests were applied to the data to determine long term relationship. As a result of the determination of long-term cointegration of the series, the Granger Causality Test was applied through VECM to test the short-term causality and direction. As a result of analysis; it was determined that the economic growth and the current account deficit were cointegrated in the long term, and in the short term it was determined that economic growth was the cause of the current account deficit.
doi:10.29228/diyalektolog.37316 fatcat:rc3kmzhnwvb3pfomuzt3xsas24