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The effect of international oil prices on current deficit-the case of Turkey (1980-2012)

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2014
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Advisor: Yrd. Doç. Dr. İsmail Hakki İşcan

Abstract (EN)

The first section of the study discusses current deficit and evaluates with a macroeconomic view. Following a general discussion, situation is assessed and a comprehensive approach including sustainability is adopted. The second section focuses on energy supply and effects on economy. Hence, energy is first discussed and then discussion is concentrated on oil. After discussing relationship between oil prices and macroeconomic variables, researches on relationship between oil prices and current deficit are investigated. Consequently, it is found out that there exist a positive causality form oil prices to current deficit and the finding is supported by other studies in literature.

Author

Köksal Güneş

How to Cite

Köksal Güneş (Master Thesis). The effect of international oil prices on current deficit-the case of Turkey (1980-2012), 2014, Bilecik Şeyh Edebali Üniversity.

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