Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/31439
Title: The Gibson Paradox : an empirical investigation for Turkey
Authors: Halicioglu, Ferda
Keywords: Gibson paradox
Economic development -- Turkey
Time-series analysis
Issue Date: 2004
Publisher: University of Piraeus. International Strategic Management Association
Citation: Halicioglu, F. (2004). The Gibson Paradox: an empirical investigation for Turkey. European Research Studies Journal, 7(1-2), 111-119.
Abstract: This paper tests the existence of Gibson paradox using the traditional and modem time series techniques in the case of a developing country, Turkey. Even though the results from the traditional Gibson paradox regression suggested a positive relationship between the interest rates and the prices levels in Turkish data, subsequently it was proven to be spurious. On analyzing the time series properties of the variables and the results from the Johansen cointegration procedure, we reveal that there is no support of the Gibson paradox in Turkish data.
URI: https://www.um.edu.mt/library/oar//handle/123456789/31439
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 7, Issue 1-2

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