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Reel Büyüm e Hızında Dalgalanmalar: Türkiye Örneği

Volatility in the Growth Rate of Real GNP : Evidence from Turkey

Journal Name:

  • Kocaeli Üniversitesi Sosyal Bilimler Enstitüsü Dergisi

Publication Year:

  • 2004

Key Words:

Keywords (Original Language):

Author NameUniversity of Author
Abstract (2. Language): 
This paper empirically investigates the volatility in the growth rate of real GNP for Turkey based upon quarterly data covering the period 1987: I-2003: II. Conditional volatility is estimated using the well-known Generalized Autoregressive Conditional Heteroscedastic (GARCH) model. The empirical re¬sults show that, although there were important events for the period, their ef¬fects on the growth rate had been no persistent.
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Abstract (Original Language): 
Bu çalışmada Türkiye' nin reel GSMH'ın büyüme hızının volatilitesi 1987: I-2003: II dönemi için üçer aylık veriler kullanılarak ampirik olarak araştırılmıştır. Ko¬şullu volatilite, genelleştirilmiş otoregresif koşullu heteroskedasite modeli (GARCH) aracılığı ile tahmin edilmiştir. Ampirik sonuçlara göre ilgili periyotta önemli olayların varlığına rağmen , bunların büyüme hızına etkisi kalıcı olmamıştır.
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  • Turkish

REFERENCES

References: 

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Volatility in the Growth Rate of Real GNP: Evidence from Turkey 103
Econometric Reviews (5): 1-50.
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