The Fragility of Turkish Economy from the Perspective of Oil Dependency
In an emerging economy, energy is a crucial input. Turkey as an oil dependent country, the volatility of oil price might affect more than thought. In this study, the impact of oil price changes in Turkish macroeconomy has been examined. A VAR model is built by using quarterly data from the first qua...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
University of Primorska
2015-09-01
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Series: | Managing Global Transitions |
Subjects: | |
Online Access: | http://www.fm-kp.si/zalozba/ISSN/1581-6311/13_253-266.pdf |