Ülkelerin Ekonomik Performansı Üzerinde Regülasyonun Etkileri: Bir Dinamik Panel Veri Analizi
Year 2015,
Volume: 15 Issue: 2, 45 - 56, 29.06.2015
Kemal Yıldırım
,
S. Fatih Kostakoğlu
Abstract
Regülasyonların ekonomik birimlerin kararları üzerinde önemli etkileri vardır. Dolayısıyla, regülasyonlar ülkelerin gösterdikleri ekonomik performans farklılıklarının bir sebebi olarak gösterilebilir. Bu çalışmanın temel amacı ülkelerarasındaki ekonomik performans farklılıklarının araştırılmasında regülasyonların rolünü ortaya koymaktır. Çalışmada analiz için dinamik panel veri modellerinden faydalanılmıştır ve örneklem olarak ise OECD ülkeleri seçilmiştir. Elde edilen bulgular, piyasa yanlısı regülasyonların ekonomik performans üzerinde olumlu etkisi olduğu yönünde iken aksine piyasa yanlısı olmayan regülasyonların ise ekonomik performans üzerinde olumuz etkisi olduğu yönündedir
References
- Acemoglu, D. (2009). Introduction to modern economic growth. USA: Princeton University Press.
- Arellano, M. ve Bond, S. (1991). Some tests specifica- tion for panel data: monte carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277-297.
- Arellano, M. ve Bover, O. (1995). Another look at the instrumental variable estimation of error-compo- nents models. Journal of Econometrics, 68, 29-51.
- Baltagi, B. (2008). Econometric analysis of panel data (4. Baskı). Great Britain: John Wiley Publication.
- Barro, R. J. ve Lee, J. W. (2010). A new data set of educational attainment in the World, 1950-2010. NBER Working Paper Series, No. 15902, 1-42.
- Bond, S. R., Hoeffler, A. ve Temple, J. (2001). GMM estimation of empirical growth models. CEPR Dis- cussion Papers, No.3048, 1-33.
- Clauge, C., Keefer, P., Knack, S. ve Olson, M. (1999). Contract-intensive money: contract enforcement, property rights, and economic performance. Jour- nal of Economic Growth, 4, 185-211.
- Dawson, J. W. (2006). Regulation, investment and growth across countries. Cato Journal, 26(3), 489-509.
- De Serres, A., Kobayakawa, S., Slok, T. ve Vartia, L. (2006). Regulation of financial systems and eco- nomic growth in OECD countries: an empirical analysis. OECD Economic Studies, No:43, 77-113.
- Djankov, S., Mc Liesh, C. ve Ramalho, R. M. (2006). Regulation and growth. Economics Letters, 92(3), 395-401.
- Greene, W. (2012). Econometric analysis (7.baskı). USA: Pearson Education Publication.
- Gwartney, J, Lawson, R. ve Hall, J. (2012). Economic freedom of the world. Canada: Fraser Institute.
- Heston, A., Summers, R. ve Aten, B. (2012). Penn world table version 7.1. Center for International Comparisons of Production, Income and Prices at the University of Pennsylvania
- Mankiw, N. G.; Romer, D. ve Weil, D.N. (1992). A cont- ribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407-437.
- Jalilian, H., Kirkpatrick, C. ve Parker, D. (2007). The impact of regulation on economic growth in deve- loping countries: a cross-country analysis. World Development, 35(1), 87-103.
- Jorgenson, D. W. ve Wilcoxen, P. J. (1990). Enviromen- tal regulation and U.S. economic growth. The Rand Journal of Economics, 21(2), 314-340.
- Koedijk, K., Kremers, J., David, P. ve Röller, L.-H. (1996). Market opening, regulation and growth in Europe. Economic Policy, 11(23), 443-467.
- Krol, R. ve Svorny, S. (1994). Regulation and economic performance: lessons from the states. Cato Journal, 14(1), 55-64.
- Levine, R. (1999). Law, finance and economic growth. Journal of Financial Intermediation, 8 (1-2), 8-35.
- Loayza, N. V., Oviedo, A. M. ve Serven, L. (2005). The impact of regulation on growth and informality: cross-country evidence. World Bank Policy Rese- arch Working Paper, No. WPS3623.
- Mankiw, N. G.; Romer, D. ve Weil, D.N. (1992). A contribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407- 437.
- Nonneman, W. ve Vanhoudt, P. (1996). A further aug- mentation of the Solow model and the empirics of economic growth for OECD countries. The Quar- terly Journal of Economics, 111(3), 943-953.
- Roodman, D. (2009). How to do xtabond2: an intro- duction to difference and system gmm in stata. The Stata Journal, 9(1), 86-136.
- Solow, R.M. (1956). A Contribution to the theory of economic growth. The Quarterly Journal of Econo- mics, 70(1), 65-94.
- Tatoğlu, F. Y. (2012). İleri panel veri analizi. İstanbul: Beta Yayıncılık.
Year 2015,
Volume: 15 Issue: 2, 45 - 56, 29.06.2015
Kemal Yıldırım
,
S. Fatih Kostakoğlu
References
- Acemoglu, D. (2009). Introduction to modern economic growth. USA: Princeton University Press.
- Arellano, M. ve Bond, S. (1991). Some tests specifica- tion for panel data: monte carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277-297.
- Arellano, M. ve Bover, O. (1995). Another look at the instrumental variable estimation of error-compo- nents models. Journal of Econometrics, 68, 29-51.
- Baltagi, B. (2008). Econometric analysis of panel data (4. Baskı). Great Britain: John Wiley Publication.
- Barro, R. J. ve Lee, J. W. (2010). A new data set of educational attainment in the World, 1950-2010. NBER Working Paper Series, No. 15902, 1-42.
- Bond, S. R., Hoeffler, A. ve Temple, J. (2001). GMM estimation of empirical growth models. CEPR Dis- cussion Papers, No.3048, 1-33.
- Clauge, C., Keefer, P., Knack, S. ve Olson, M. (1999). Contract-intensive money: contract enforcement, property rights, and economic performance. Jour- nal of Economic Growth, 4, 185-211.
- Dawson, J. W. (2006). Regulation, investment and growth across countries. Cato Journal, 26(3), 489-509.
- De Serres, A., Kobayakawa, S., Slok, T. ve Vartia, L. (2006). Regulation of financial systems and eco- nomic growth in OECD countries: an empirical analysis. OECD Economic Studies, No:43, 77-113.
- Djankov, S., Mc Liesh, C. ve Ramalho, R. M. (2006). Regulation and growth. Economics Letters, 92(3), 395-401.
- Greene, W. (2012). Econometric analysis (7.baskı). USA: Pearson Education Publication.
- Gwartney, J, Lawson, R. ve Hall, J. (2012). Economic freedom of the world. Canada: Fraser Institute.
- Heston, A., Summers, R. ve Aten, B. (2012). Penn world table version 7.1. Center for International Comparisons of Production, Income and Prices at the University of Pennsylvania
- Mankiw, N. G.; Romer, D. ve Weil, D.N. (1992). A cont- ribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407-437.
- Jalilian, H., Kirkpatrick, C. ve Parker, D. (2007). The impact of regulation on economic growth in deve- loping countries: a cross-country analysis. World Development, 35(1), 87-103.
- Jorgenson, D. W. ve Wilcoxen, P. J. (1990). Enviromen- tal regulation and U.S. economic growth. The Rand Journal of Economics, 21(2), 314-340.
- Koedijk, K., Kremers, J., David, P. ve Röller, L.-H. (1996). Market opening, regulation and growth in Europe. Economic Policy, 11(23), 443-467.
- Krol, R. ve Svorny, S. (1994). Regulation and economic performance: lessons from the states. Cato Journal, 14(1), 55-64.
- Levine, R. (1999). Law, finance and economic growth. Journal of Financial Intermediation, 8 (1-2), 8-35.
- Loayza, N. V., Oviedo, A. M. ve Serven, L. (2005). The impact of regulation on growth and informality: cross-country evidence. World Bank Policy Rese- arch Working Paper, No. WPS3623.
- Mankiw, N. G.; Romer, D. ve Weil, D.N. (1992). A contribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407- 437.
- Nonneman, W. ve Vanhoudt, P. (1996). A further aug- mentation of the Solow model and the empirics of economic growth for OECD countries. The Quar- terly Journal of Economics, 111(3), 943-953.
- Roodman, D. (2009). How to do xtabond2: an intro- duction to difference and system gmm in stata. The Stata Journal, 9(1), 86-136.
- Solow, R.M. (1956). A Contribution to the theory of economic growth. The Quarterly Journal of Econo- mics, 70(1), 65-94.
- Tatoğlu, F. Y. (2012). İleri panel veri analizi. İstanbul: Beta Yayıncılık.