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Kamu Harcamaları ve Ekonomik Büyüme İlişkisi: Türkiye'ye İlişkin Ampirik Kanıtlar

The Relationship Between Public Expenditures and Economic Growth: Empirical Evidence For Turkey

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Abstract (2. Language): 
The purpose of this paper is to analyse the linkages between public expenditure, the components of public expenditure and economic growth in Turkish economy. Building on the Barro's (1990) endogenous growth model, ARDL bound test and VAR Granger Causality/Block Exogeneity Wald Test approaches are adopted as econometric tools over the period of 1960-2009 for Turkey. The empirical results support Wagner hypothesis for the relationship between economic growth and public expenditure. However, the direction of causality is understood to change when disaggregated accounts of public expenditure with respect to economic categories are included in our analysis.
Abstract (Original Language): 
Çalışmanın amacı kamu harcamaları ve kamu harcamalarının bileşenleri ile ekonomik büyüme arasındaki ilişkiyi Türkiye ekonomisi bağlamında analiz etmektir. Barro'nun (1990) içsel büyüme modelinden hareketle 1960-2009 dönemi yıllık verilerinin kullanıldığı çalışmada ekonometrik yöntem olarak ARDL sınır testi yaklaşımı ve Vektör Otoregresif (VAR) Granger nedensellik/Blok Dışsallık Wald Testi benimsenmiştir. Ampirik bulgular kamu harcamaları ile ekonomik büyüme arasında Wagner yasasını destekleyici kanıtlar sunmaktadır. Ancak ekonomik kategoriye göre ayrıştırılmış kamu harcamalarının bileşenlerinin analize dahil edilmesi durumunda nedenselliğin yönünün değiştiği görülmektedir.
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REFERENCES

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