Budget Deficit Sustainability: An Application to Turkey

In this study, sustainability of budget deficits in Turkey is examined empirically for the pe- riod from January 2006 to September 2020, using time series techniques based on monthly data, under intertemporal constraint approach. analysis phase, Johansen cointegration method was used long-term relationship series. Analysis results indicated that income and expenditure are not cointegrated. It concluded policies period consideration unsustainable; therefore, applied fiscal should be reviewed.