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Defence expenditures and external debt in Turkey
Karagöl, Erdal Tanas (Taylor & Francis Ltd, 2005)The causal relationship between defence expenditures and external debt is investigated by applying a multivariate model. Our estimation results indicate that defence expenditures and external debt for Turkey are cointegrated. ... -
Do defence expenditures increase debt rescheduling in Turkey? Probit model approach
Karagöl, Erdal Tanas; Sezgin, Selami (Taylor & Francis Ltd, 2004)This paper empirically investigates the importance of financial and political variables in determining debt rescheduling probabilities in Turkey for 1955-2000. The problem of sovereign debt default and rescheduling has ... -
Does defence expenditure deter economic growth in Turkey? A cointegration analysis
Karagöl, Erdal Tanas; Palaz, Serap (Taylor & Francis Ltd, 2004)This paper investigates a series of unit root, cointegration and causality tests to ascertain the direction of causality between the growth of GNP and defence expenditure in Turkey for the years 1955-2000. The main conclusion ... -
Economic growth and foreign indebtedness in Turkey: an empirical study
Karagöl, Erdal Tanas (2004)Dış borç yükünün yatırım ve sermaye birikimi üzerinde negatif etkisi olacağı iddia edilir. Bu yüzden dış borç ödemeleri ekonomik büyümenin yavaşlamasına sebep olur. Bunun başlıca nedeni kaynakların büyük bir oranının dış ... -
Electricity consumption and economic growth: Evidence from Turkey
Altınay, Galip; Karagöl, Erdal Tanas (Elsevier Science Bv, 2005)This study investigates the causal relationship between electricity consumption and real GDP in Turkey during the period of 1950-2000. Both of the series were found to be a stationary process around a structural break by ... -
External debt, defence expenditures and political business cycles in Turkey
Karagöl, Erdal Tanas; Turhan, Aziz (Taylor & Francis Ltd, 2008)This paper investigates the relationship between external debt, defence expenditures and political business cycles in Turkey for 1960-2002. Here, two important aspects of the political business cycle, the electoral effects ... -
The relationship between external debt, defence expenditures and GNP revisited: The case of Turkey
Karagöl, Erdal Tanas (Taylor & Francis Ltd, 2006)This paper extends the Looney and Frederiksen (1986) study and investigates the relationship among external debt, defence expenditures and GNP in Turkey for 1960 - 2002. After applying cointegration analysis of a multivariate ... -
Structural break, unit root, and the causality between energy consumption and GDP in Turkey
Altınay, Galip; Karagöl, Erdal Tanas (Elsevier Science Bv, 2004)This paper tries to investigate a series of unit root and causality tests to detect causality between the GDP and energy consumption in Turkey employing Hsiao's version of Granger causality method for the 1950-2000 period. ... -
Türkiye'de ekonomik büyüme ile elektrik tüketimi ilişkisi: Sınır testi yaklaşımı
Karagöl, Erdal Tanas (2007)Bu çalışmada, Türkiye'de ekonomik büyüme ile elektrik tüketimi ilişkisi 1974-2004 dönemi için incelenmiştir. Ekonomik büyüme ve elektrik tüketimi serileri farklı derecelerden durağan (1(0) ve 1(1)) oldukları için aralarındaki ...