Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets

ULUYOL, Osman; LEBE, FUAT; Akbas, Yusuf Ekrem

Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets

Yusuf Ekrem AKBAŞ, (Adıyaman Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, Adıyaman, Türkiye)

Fuat LEBE, (Adıyaman Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü, Adıyaman, Türkiye)

Osman ULUYOL (Adıyaman Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Adıyaman, Türkiye)

Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi

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Yıl: 2014 Cilt: 21 Sayı: 2 Sayfa Aralığı: 293 - 303 Metin Dili: Türkçe İndeks Tarihi: 29-07-2022

Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets

Öz:

Bu çalışmada, cari işlemler açığı, kısa vadeli sermaye akımları ve GDP arasında yükselenekonomilerde nedensellik ilişkisinin olup olmadığı analiz edilmiştir. Nedensellik te sti yapılmadanönce, paneli oluşturan ülkelerde yatay kesit bağımlılığı olup olmadığını tespit edebilmek için CDLMtestler yapılmıştır. CDLM testlerinin sonuçunda, paneli oluşturan yükselen ekonomilerde yatay kesitbağımlılığı tespit edilmiştir. CDLM testlerinden sonra panel nedensellik testi yapılmıştır. Panelnedensellik testleri sonucunda, cari işlem açığı ile GDP arasında çift yönlü, kısa vadeli sermayeakımlarından cari işlem açığına ve GDPye doğru tek yönlü nedensellik belirlenmiştir.

Anahtar Kelime:

GDP - Cari İşlem Açığı ve Kısa Vadeli Sermaye Akımları Arasındaki İlişkinin Analizi: Yükselen Piyasalar Örneği

Öz:

In this study, it was analyzed if there was causal relationship among the current deficit,short term capital flows and economic growth in emerging markets. Before causality test was done,CDLM tests were done in order to the fact that to be able to determine if there was cross sectiondependence in countries form the panel. At the end of CDLM tests cross section dependence inemerging markets form the panel was determined. Then, panel causality test developed was done.According to the result of panel causality test bidirectional causality between current accountdeficit and GDP, unidirectiona l causality from short term capital flows to current deficit and GDPwere determined.

Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	Akbas Y, LEBE F, ULUYOL O (2014). Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. , 293 - 303.
Chicago	Akbas Yusuf Ekrem,LEBE FUAT,ULUYOL Osman Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. (2014): 293 - 303.
MLA	Akbas Yusuf Ekrem,LEBE FUAT,ULUYOL Osman Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. , 2014, ss.293 - 303.
AMA	Akbas Y,LEBE F,ULUYOL O Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. . 2014; 293 - 303.
Vancouver	Akbas Y,LEBE F,ULUYOL O Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. . 2014; 293 - 303.
IEEE	Akbas Y,LEBE F,ULUYOL O "Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets." , ss.293 - 303, 2014.
ISNAD	Akbas, Yusuf Ekrem vd. "Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets". (2014), 293-303.

APA	Akbas Y, LEBE F, ULUYOL O (2014). Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 21(2), 293 - 303.
Chicago	Akbas Yusuf Ekrem,LEBE FUAT,ULUYOL Osman Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 21, no.2 (2014): 293 - 303.
MLA	Akbas Yusuf Ekrem,LEBE FUAT,ULUYOL Osman Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol.21, no.2, 2014, ss.293 - 303.
AMA	Akbas Y,LEBE F,ULUYOL O Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2014; 21(2): 293 - 303.
Vancouver	Akbas Y,LEBE F,ULUYOL O Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets. Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2014; 21(2): 293 - 303.
IEEE	Akbas Y,LEBE F,ULUYOL O "Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets." Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 21, ss.293 - 303, 2014.
ISNAD	Akbas, Yusuf Ekrem vd. "Analyzing The Relationship Among The GDP -Current Account Deficit and Short Term Capital Flows: The Case of Emerging Markets". Yönetim ve Ekonomi: Celal Bayar Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 21/2 (2014), 293-303.