Seçilmiş Akademik Yayınlar
- 29 Temmuz 2022 Cum
ÖZET
This study investigates the Feldstein-Horioka hypothesis, which addresses the relationship between domestic investments and savings within the framework of capital mobility whether it is valid for Turkey in the period of 1980-2020. The Fourier KPSS stationarity test based on the KPSS test in revealing the stationarity levels of the variables is applied. The cointegration relationship between variables is revealed through the Fourier cointegration which allows structural change in the cointegration relationship and Shin cointegration test. The coefficient of the model established in the study is estimated by the Dynamic Ordinary Least Squares method. The results indicate that there is a long-run relationship between domestic savings and investments when structural change is allowed. It is revealed that domestic savings are insufficient to meet investments while it is determined that the saving coefficient considered as an …
Yazarlar
Ömer Akkuş
Dergi
Business & Economics Research Journal
Google Akademik makaleleri
O Akkus – Business & Economics Research Journal, 2021
