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Sabit Sermaye Yatırımları ve Ekonomik Büyüme: Ampirik Bir Analiz

Fixed Capital Investmens and Economic Growth: An Empirical Analysis

Journal Name:

  • Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi

Publication Year:

  • 2012

Key Words:

Keywords (Original Language):

Author NameUniversity of AuthorFaculty of Author
Abstract (2. Language): 
It has been discussed for a long time that fixed capital investments are one of the main dynam-ics of economic growth. In this study, short and long-run relationships between fixed capital investments and economic growth are analyzed for eight countries having upper-middle income level. With this aim, annual data including the period between years 1980 and 2009 is tested empirically by using Johansen-Juselius cointegra-tion and Engle-Granger (vector) error correction models. The results of cointegration test indicate that there is a cointegration relationship in only Malaysian economy. The consequences of (vec-tor) error correction model show that there is no evidence for short-run causality relationship in Malaysian economy.
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Abstract (Original Language): 
Sermaye birikiminin ekonomik büyümenin temel dinamiklerinden birisi olduğu konusu uzun bir süredir tartışılmaktadır. Bu çalışmada yüksek-orta gelir düzeyine sahip sekiz ülke için sabit sermaye yatırımları ile ekonomik büyüme arasındaki kısa ve uzun dönemli ilişkiler analiz edilmektedir. Johansen-Juselius eşbütünleşme ve Engle-Granger (vektör) hata düzeltme model-lerinin kullanıldığı bu makalede, 1980-2009 dönemi yıllık verileri incelenmiştir. Eşbütünleşme test sonuçları, sadece Malezya ekonomisinde değişkenler arasında eşbütünleşme ilişkisinin olduğunu göstermektedir. (Vektör) hata düzelt-me modeli sonuçlarına göre, Malezya ekonomis-inde herhangi bir nedensellik ilişkisi tespit edilememiştir.
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