Öz

That country economies provides the equation of investment-saving is
highly important in terms of internal balance 
of  country.  However, in many developing countries  like Turkey, it  is  seen
that the amount of  saving remains under
investments and that the problems with saving deficit becomes chronic.  That 
saving  deficit  is experienced leads country to go
toward  international financial resource
to be  able  to 
invest.  Besides that this case
increases foreign-dependency of  a
country,  due  to the currency inflowing  from  
foreign financial resources, it is seen that  country currency revalues,  increases current deficit  rate, and causes country to lose power  in international arena.  The increase of foreign dependency also
increases  the sensitivity  of 
country to exogenous crises and makes it 
open to economic risks.  In this
context, dealing  with the determinants
of  the phenomenon saving has a
great  importance for the countries  like 
Turkey.  In this  study, it is 
aimed  to test the relationship
between private  savings  and socioeconomic  determinants by means of  co-integration  test, developed  by  
Pesaran et al. (2001),  in the
range  of 
the period 1985-2014. The results obtained  are in the direction of  that 
the decrease in the inflation and 
increase  in public  saving 
rate  and elderly dependent
population  rate reduce private
savings.