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HÜKÜMET ETKİLİLİĞİ VE EKONOMİK BÜYÜME İLİŞKİSİ

Yıl 2017, Cilt: 5 Sayı: 4, 42 - 55, 25.12.2017
https://doi.org/10.18825/iremjournal.335671

Öz

Hükümet etkiliğinin ekonomik büyüme üzerindeki
etkisine ilişkin literatür iki kısma ayrılmış durumdadır. Bir kısım çalışmaya
göre hükümet etkililiği ekonomik büyümeyi arttırırken, bir kısım çalışmaya göre
ekonomik büyümeyi azaltmaktadır. Bu çalışmanın amacı ise, gelişmekte olan ülke verileri
ile hükümet etkililiğinin ekonomik büyüme üzerindeki etkisini analiz etmektir.
Bu maçla 78 gelişmekte olan ülkenin 1996-2015 dönemindeki verileri ile GMM
(Genelleştirilmiş Momentler Metodu)  tahminleri elde edilmiştir. Tahmin sonuçlarına
göre hükümet etkililiği ekonomik büyüme üzerinde pozitif yönlü ve istatistiksel
olarak anlamlı bir etkiye sahiptir. Buna göre ele alınan ülkelerde hükümet
etkililiği yükseldiğinde ekonomik büyüme düzeyi de yükselmektedir. Hükümet
etkiliğinin ekonomik büyüme üzerindeki bu etkisi işgücü, sermaye, enflasyon ve
ticari açıklık gibi ekonomik değişkenlerden daha yüksektir. Bu nedenle
gelişmekte olan ülkelerde ekonomik büyüme düzeyinin yükseltilebilmesi için ilk
önce bu ülkelerdeki hükümetlerin etkililik düzeyinin yükseltilmesine ihtiyaç
duyulmaktadır.  

Kaynakça

  • Acemoglu, D., Johnson, S., & Robinson, J.A. 2001, “The colonial origins of comparative development: An empirical investigation”, American Economic Review, 91 (5), 1369–1401.
  • Acemoglu, D., Johson, S., ve Robinson, J. A. 2004, Institutions As The Fundamental Cause Of Long-Run Growth, Nber Working Paper Series no.10481.
  • Acemoglu, D. ve Robinson, J. A. 2010, "The Role of Institutions in Growth and Development", Review of Economics and Institutions, 1(2): 1-33.
  • Adams, S., &Mengistu, B. (2008).Privatization, Governance and Economic Development in Developing Countries.Journal of Developing Societies, 2, p. 415-438.
  • Alam, R., Kitenge, E. ve Bedane, B. (2017), "Government Effectiveness and Economic Growth", Economics Bulletin, 1: 222-227.
  • Anderson, T. W. and Cheng Hsiao (1981), “Estimation of Dynamic Models with Error Components”, Journal of the American Statistical Association, 76 (375), pp. 598–606.
  • Arellano, Manuel and Stephen Bond (1991), “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations”, Review of Economic Studies, 58 (2), pp. 277–297.
  • Baltagi, Badi H. (2005), Econometric Analysis of Panel Data, Third Edition, Canada: John Wiley & Sons.
  • Barro, R.J. (1996), “Determinants of economic growth: A cross-country empirical study”, NBER Working Paper 5698.
  • Cameron, A. Colin and Pravin K. Trivedi (2005), Microeconometrics, Methods and Applications, New York: Cambridge University Press.
  • Campos, N. F., Dimova, R., & Saleh, A. (2010). Whither corruption? A quantitative survey of the literature on corruption and growth, IZA Discussion Papers 5334. Institute for the Study of Labor (IZA).
  • Cooray, A. (2009). Government expenditure, governance and economic growth. Comparative Economic Studies, 51(3), 401-418.
  • D’Agostino G., Dunne, J. Paul, ve Pieroni, L. (2016), " Government Spending, Corruption and Economic Growth ", World Development, 84: 190–205.
  • Ehrlich, I. ve Lui, F.T. (1999). “Bureaucratic Corruption and Endogenous Growth”, Journal of Political Economy, 107 (6): 270–S293.
  • Emara, N. ve Chiu, I-M. (2015). "The Impact of Governance on Economic Growth: The case of Middle Eastern and North African Countries" Munich Personal RePEc Archive 68603.
  • Güney, T. (2017). Governance and sustainable development: How effective is governance?. The Journal of International Trade & Economic Development, 26(3), 316-335.
  • Hall, Robert E. & Jones, C. I. (1999), “Why Do Some Countries Produce so Much More Output per Worker Than Others?”, Quarterly Journal of Economics 114(1): 83-116.
  • Kaufmann, D. ve Kraay, A. (2002), “Growth Without Governance”,Economia. 3(1): 169– 229.
  • Kaufmann, D., Kraay, A., & Mastruzzi, M. (2008), “Governance matters VII: Governance indicators for 1996–2007”, World Bank Policy Research Paper.
  • Kaufmann, D., A. Kraay, and M. Mastruzzi. (2010). The Worldwide Governance Indicators: Methodology and Analytical Issues.Washington, DC: Global Economy and Development: Brookings Institution.
  • Keefer, P. (2004). A Review of The Political Economy of Governance: From Property Rights to Voice. World Bank Policy ResearchWorking Paper No. 3315.Washington, DC:World Bank Policy Research.
  • Meon, P.G. ve Sekkat, K. (2005). “Does Corruption Grease or Sand: The Wheels Of Growth?”, Public Choice, 122: 69–97.
  • Knack, S. & Keefer, P. (1995), “Institutions and economic performance: Cross-country tests using alternative institutional measures” Economics and Politics. 7 (3), 207–227.
  • Ndulu, B. J., & O'Connell, S. A. (1999).Governance and Growth in Sub-Saharan Africa. The Journal of Economic Perspectives, 13 (3), pp. 41-66.
  • North, Douglass C. (1990) Institutions, Institutional Change, and Economic Performance, Cambridge University Press, New York.
  • Quibria, M.G. (2006), “Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia”, Kyklos. 59(1): 99–114.
  • Pradhan, R. P., &Sanyal, G. S. (2011). Good Governance and Human Development: Evidence form Indian States. Journal of Social and Development Science, 1 (1), pp. 1-8.
  • Plumptre, T., and J. Graham. 1999. “Governance and Good Governance: International and Aboriginal Perspectives.” Institute on Governance. http://dspace.africaportal.org/ jspui/bitstream/123456789/11075/1/Governance%20and%20Good%20Governance.pdf?Erişim 02.06.2017.
  • Roodman, D. (2006) “How to Do xtabond2: An Introduction to “Difference” and “System” GMM in Stata,” The Center for Global Development Working Paper Series, No. 103.
  • Tatoğlu, F. Yerdelen (2012), İleri Panel Veri Analizi: Stata Uygulamalı. İstanbul: Beta.
  • UNDP. 1997. Governance and Sustainable Human Development. United Nations Development Programme. Oxford: Oxford University Press.
  • Welsch, H. (2004). Corruption, Growth, and The Environment: A Cross-Country Analysis. Environment and Development Economics, 9, 663-693.
  • Williams, A. ve Siddique, A. (2008). The use (and abuse) of governance indicators in economics: a review. Economics of Governance, 9(2), 131-175.

RELATION BETWEEN GOVERNMENT EFFECTIVENESS AND ECONOMIC GROWTH

Yıl 2017, Cilt: 5 Sayı: 4, 42 - 55, 25.12.2017
https://doi.org/10.18825/iremjournal.335671

Öz

The literature on the relation between government efficiency and economic growth is divided into two chapters. While some studies say that government efficiency increases economic growth, others say it reduces economic growth. Using country data, this study aims to analyze the impact of government efficiency on economic growth in developing countries. For this purpose, the GMM (Generalized Moments Method) estimates were obtained from the data of 78 developing countries between 1996-2015. According to the results of this estimate, government efficiency has a positive-oriented and statistically meaningful impact on economic growth. Accordingly, level of economic growth increases in parallel with government efficiency in the countries examined. The impact of government efficiency on economic growth is higher than economic variables such as labor, capital, inflation and trade deficit. Thus, in order that the developing countries elevate their level of economic growth, they initially need to elevate the efficiency level of their governments.

Kaynakça

  • Acemoglu, D., Johnson, S., & Robinson, J.A. 2001, “The colonial origins of comparative development: An empirical investigation”, American Economic Review, 91 (5), 1369–1401.
  • Acemoglu, D., Johson, S., ve Robinson, J. A. 2004, Institutions As The Fundamental Cause Of Long-Run Growth, Nber Working Paper Series no.10481.
  • Acemoglu, D. ve Robinson, J. A. 2010, "The Role of Institutions in Growth and Development", Review of Economics and Institutions, 1(2): 1-33.
  • Adams, S., &Mengistu, B. (2008).Privatization, Governance and Economic Development in Developing Countries.Journal of Developing Societies, 2, p. 415-438.
  • Alam, R., Kitenge, E. ve Bedane, B. (2017), "Government Effectiveness and Economic Growth", Economics Bulletin, 1: 222-227.
  • Anderson, T. W. and Cheng Hsiao (1981), “Estimation of Dynamic Models with Error Components”, Journal of the American Statistical Association, 76 (375), pp. 598–606.
  • Arellano, Manuel and Stephen Bond (1991), “Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations”, Review of Economic Studies, 58 (2), pp. 277–297.
  • Baltagi, Badi H. (2005), Econometric Analysis of Panel Data, Third Edition, Canada: John Wiley & Sons.
  • Barro, R.J. (1996), “Determinants of economic growth: A cross-country empirical study”, NBER Working Paper 5698.
  • Cameron, A. Colin and Pravin K. Trivedi (2005), Microeconometrics, Methods and Applications, New York: Cambridge University Press.
  • Campos, N. F., Dimova, R., & Saleh, A. (2010). Whither corruption? A quantitative survey of the literature on corruption and growth, IZA Discussion Papers 5334. Institute for the Study of Labor (IZA).
  • Cooray, A. (2009). Government expenditure, governance and economic growth. Comparative Economic Studies, 51(3), 401-418.
  • D’Agostino G., Dunne, J. Paul, ve Pieroni, L. (2016), " Government Spending, Corruption and Economic Growth ", World Development, 84: 190–205.
  • Ehrlich, I. ve Lui, F.T. (1999). “Bureaucratic Corruption and Endogenous Growth”, Journal of Political Economy, 107 (6): 270–S293.
  • Emara, N. ve Chiu, I-M. (2015). "The Impact of Governance on Economic Growth: The case of Middle Eastern and North African Countries" Munich Personal RePEc Archive 68603.
  • Güney, T. (2017). Governance and sustainable development: How effective is governance?. The Journal of International Trade & Economic Development, 26(3), 316-335.
  • Hall, Robert E. & Jones, C. I. (1999), “Why Do Some Countries Produce so Much More Output per Worker Than Others?”, Quarterly Journal of Economics 114(1): 83-116.
  • Kaufmann, D. ve Kraay, A. (2002), “Growth Without Governance”,Economia. 3(1): 169– 229.
  • Kaufmann, D., Kraay, A., & Mastruzzi, M. (2008), “Governance matters VII: Governance indicators for 1996–2007”, World Bank Policy Research Paper.
  • Kaufmann, D., A. Kraay, and M. Mastruzzi. (2010). The Worldwide Governance Indicators: Methodology and Analytical Issues.Washington, DC: Global Economy and Development: Brookings Institution.
  • Keefer, P. (2004). A Review of The Political Economy of Governance: From Property Rights to Voice. World Bank Policy ResearchWorking Paper No. 3315.Washington, DC:World Bank Policy Research.
  • Meon, P.G. ve Sekkat, K. (2005). “Does Corruption Grease or Sand: The Wheels Of Growth?”, Public Choice, 122: 69–97.
  • Knack, S. & Keefer, P. (1995), “Institutions and economic performance: Cross-country tests using alternative institutional measures” Economics and Politics. 7 (3), 207–227.
  • Ndulu, B. J., & O'Connell, S. A. (1999).Governance and Growth in Sub-Saharan Africa. The Journal of Economic Perspectives, 13 (3), pp. 41-66.
  • North, Douglass C. (1990) Institutions, Institutional Change, and Economic Performance, Cambridge University Press, New York.
  • Quibria, M.G. (2006), “Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia”, Kyklos. 59(1): 99–114.
  • Pradhan, R. P., &Sanyal, G. S. (2011). Good Governance and Human Development: Evidence form Indian States. Journal of Social and Development Science, 1 (1), pp. 1-8.
  • Plumptre, T., and J. Graham. 1999. “Governance and Good Governance: International and Aboriginal Perspectives.” Institute on Governance. http://dspace.africaportal.org/ jspui/bitstream/123456789/11075/1/Governance%20and%20Good%20Governance.pdf?Erişim 02.06.2017.
  • Roodman, D. (2006) “How to Do xtabond2: An Introduction to “Difference” and “System” GMM in Stata,” The Center for Global Development Working Paper Series, No. 103.
  • Tatoğlu, F. Yerdelen (2012), İleri Panel Veri Analizi: Stata Uygulamalı. İstanbul: Beta.
  • UNDP. 1997. Governance and Sustainable Human Development. United Nations Development Programme. Oxford: Oxford University Press.
  • Welsch, H. (2004). Corruption, Growth, and The Environment: A Cross-Country Analysis. Environment and Development Economics, 9, 663-693.
  • Williams, A. ve Siddique, A. (2008). The use (and abuse) of governance indicators in economics: a review. Economics of Governance, 9(2), 131-175.
Toplam 33 adet kaynakça vardır.

Ayrıntılar

Bölüm MAKALELER
Yazarlar

Taner Güney

Yayımlanma Tarihi 25 Aralık 2017
Gönderilme Tarihi 22 Ağustos 2017
Kabul Tarihi 30 Kasım 2017
Yayımlandığı Sayı Yıl 2017 Cilt: 5 Sayı: 4

Kaynak Göster

APA Güney, T. (2017). HÜKÜMET ETKİLİLİĞİ VE EKONOMİK BÜYÜME İLİŞKİSİ. International Review of Economics and Management, 5(4), 42-55. https://doi.org/10.18825/iremjournal.335671