Türkiye'de Üçüz Açık Hipotezinin Geçerliliği Üzerine Ampirik Bir Çalışma

The aim of this study is  to analyze interactive relation of budget balance, investments-savings balance and current account balance, which are constitutive of general economics balance, for Turkey. The Vector Autoregressive (VAR) Models are used for analysing the relation between these three main problems and the direction and the strength of their relations for the 1975-2014 period. Suitable VAR model is selected, the direction and strength of the relationship between the variables determined the Impulse Response Functions, Variance Decomposition and tested the Granger Causality test. Although, according to results there could not be determined triplet deficit problem for Turkey, current account deficit is the significant determinant of budget deficit and savings deficit. In addition, it is finding that there is causal relationship to the budget deficit from the saving deficit.