On the Growth Slowdown in Developed Economies

Year 2023, Volume: 7 Issue: 1, 755 - 770, 25.01.2023

İlay Kurt

https://doi.org/10.25295/fsecon.1118395

Abstract

2008 Küresel Mali Krizinden sonra, gelişmiş ekonomilerdeki uzun vadeli büyüme modelleri, büyümedeki yavaşlama ve seküler durgunluğa ilişkin iç karartıcı beklentiler nedeniyle daha yakından akademik incelemeye tabi tutulmuştur. Bu makale, gelişmiş ekonomilerde uzun vadeli büyümenin yavaşlayıp yavaşlamadığını ve ne ölçüde yavaşladığını doğrudan test etmek için ampirik yöntemler kullanan, çok sayıda ülke için uzun vadeli büyüme modelleri yapısının bir araştırmasını sunmaktadır. Bulgularımız, yüksek gelirli ekonomilerde, kişi başına GSYİH, çalışan başına GSYİH ve TFV'nin uzun vadeli büyüme oranlarının 1970-2019 döneminde net düşüş eğilimleri gösterdiğini göstermektedir.

Keywords

Growth slowdown, Developed Countries, Panel Data

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