External Debt and Economic Growth in Turkey: An Empirical Analysis

被引：3
|
作者：
Govdeli, Tuncer [1 ]
机构：
[1] Gaziantep Univ, Dept Econ, Gaziantep, Turkey
来源：
SOSYOEKONOMI | 2019年 / 27卷 / 40期
关键词：
Economic Growth; External Debt; ARDL Bound Test; Turkey;
D O I：
10.17233/sosyoekonomi.2019.02.07
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study analyzes the impact of external debt stock, openness and the consumer price index on economic growth, based on time series data obtained from the World Bank for the period from 1970 to 2016. For this report's purpose, the stability of the series was analyzed. Having identified the series to have first degree l(1) stability, the ARDL bounds testing approach was applied and a relationship of cointegration was established. In light of these findings, it has been observed that external debt has a positive impact on economic growth, while openness and consumer price index have a negative impact. Therefore, this study recommends keeping openness and the consumer price index under control to increase economic growth with the help of external debt.
引用
收藏
页码：119 / 130
页数：12
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