Search

The economic policies which is oriented trade liberalization implemented without the necessary infrastructure and regulations at the beginning of 1980, has carried the current account deficit increased from an exhibit that year until today. For this reason, the growth of the country's current account deficit figures is the one of the most discussed topics in recent years regarding Turkey's economy. The most important reason of this is the current account balance is one of the most important components of the economy. In this context, as a result of cointegration analysis, cointegration relationship between the series have been identified. The causality test results indicate that while any causality relationship between exchange rate and current acount balance could not be seen, bi-directional causality has been found between GDP and current account balance. [ABSTRACT FROM AUTHOR]

This study aims to test the relationship between current account deficit and consumer loans and with its sub-components namely housing loans, personal finance credits, vehicle loans and personal credit cards. The study uses quarterly data between the years 2004:Q4 to 2014:Q3 and the data is analyzed by conducting cointegration and Granger causality test for the possible relationship between current account deficit and consumer loans and with its sub-components namely housing loans, personal finance credits, vehicle loans and personal credit cards. According to the results of the analysis, long term relationship exists between current account deficit and total consumer loans, and with its sub-components namely housing loans, personal finance credits, vehicle loans and personal credit cards. Moreover, single way causality relationship exists from total consumer loans, and with its sub-components namely housing loans, personal finance credits, vehicle loans towards current account deficit; yet no causality relationship existed from personal credit cards towards current account deficit. [ABSTRACT FROM AUTHOR]

It is generally accepted that there is a close relationship between aggregate construction investments and economic growth. The construction industry, especially for developing countries such as Turkey, plays a very important role in economic growth. This topic has been examined by many researchers so far and the construction industry has been concluded to be associated closely with economic growth. In this study to be made by using data from the period 1987-2010 of Turkey, it is attempted to ascertain whether there is a systematic relationship between construction investments of public and private sector and economic growth. In the result of the study being used Granger Causality test, it was determined that there was a unidirectional causality relationship both running from public sector construction investments to GDP and running from public sector construction investment with GDP to the private sector construction investments. In the light of these findings, it can be said that as construction investments to be made in Turkey have influence on economic growth, economic growth also to be effective on construction spending. [ABSTRACT FROM AUTHOR]

In this study, the relation between economic growth and current account balance has been analyzed by the quarterly data in the 1991:4-2005:4 period for the Turkish economy. The relation between the variables has been analyzed by Granger causality and VAR analyses. Econometric studies show that there is a one way relation from the growth rate to the current account deficit. [ABSTRACT FROM AUTHOR]