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Identification of ‘Pull’ & ‘Push’ Factors for the Portfolio Flows: SVAR Evidence from the Turkish Economy     
Yazarlar (1)
Doç. Dr. Hüseyin Levent KORAP Doç. Dr. Hüseyin Levent KORAP
Kastamonu Üniversitesi, Türkiye
Devamını Göster
Özet
In this paper, the determinants of the portfolio based capital flows are examined for the Turkish economy. Following the structural vector autoregression methodology, the estimation results reveal that the ‘push’ factors based on the external developments for the Turkish economy have a dominant role in explaining the behavior of the portfolio flows. Further, the domestic real interest rate as one of the main ‘pull’ factors has been found in a negative dynamic relationship with the portfolio flows. This result is attributed to that the dynamic course of the portfolio flows should not be related to the excess return possibilities of the real interest structure of the Turkish economy.
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Ulusal alan endekslerinde (TR Dizin, ULAKBİM) yayınlanan tam makale
Dergi Adı Doğuş University Journal
Dergi ISSN 1302-6739
Dergi Tarandığı Indeksler Türkiye Makaleler Bibliyografyası, EBSCO Academic Search Complete, EconLit, Tübitak-ULAKBİM Sosyal ve Beşeri Bilimler Veri Tabanıi DOAJ (Directory of Open Access Journals, Open J-Gate, ASOS (Sosyal Bilimler İndeksi))
Makale Dili İngilizce
Basım Tarihi 01-2010
Cilt No 11
Sayı 2
Sayfalar 223 / 232
Makale Linki http://journal.dogus.edu.tr/index.php/duj/article/view/21
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 30

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