In this study, countries were analyzed between 1990 and 2011 in order to determine whether a causal relationship exists among current account deficit, GDP, foreign direct investment, and total credits of G7. Analysis took into account the cross-sectional dependence and was applied to test the...

In this study; it is investigated that gross domestic product (GDP), foreign direct investment (FDI) and aggregate credits (CR) relationship of seven developing countries over the period of 1982-2010. Firstly, CDLM tests were applied to detect the cross-sectional dependency. Then, SURADF and...

Interregional socio-economic development differences is seen in Turkey as in other countries. Generally, particularly Eastern Anatolia, Mountainous regions of the Black Sea and some regions of Southeastern Anatolia are well below of Turkey’s average income in terms of income, employment and...