Effects of Internal and External Imbalances and the Role of Relative Prices on Economic Growth: Evidence From Turkey

Balance of payments constrained growth model considers that if a country has a chronic external deficit, economic growth can be constrained. Initial model extended by taking into account the effects of capital flows, external debt sustainability, interest payments, budget deficit or public debt, sim...

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Bibliographic Details
Main Authors: Irfan Civcir, M. Emir Yücel
Format: Article
Language:English
Published: SAGE Publishing 2020-06-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/2158244020919493