The
aim of this study is to examine the relationship between public transfer
payments and economic growth with a dynamic method for developing countries.
The econometric model is constituted by eliminating some previous deficiencies
about model spesification, sample and method. The relationship is tested with
system-GMM method for 27 developing countries (1990-2011). As a conclusion, the
long run effect of public transfer payments on economic growth is found to be
positive and statistically significant. In this context, public transfer
payments are productive expenditures in developing countries in the long run and
serve to eliminate the problem of low income levels.
Primary Language | Turkish |
---|---|
Journal Section | Articles |
Authors | |
Publication Date | March 31, 2015 |
Submission Date | April 2, 2015 |
Published in Issue | Year 2015 Volume: 33 Issue: 1 |
Manuscripts must conform to the requirements indicated on the last page of the Journal - Guide for Authors- and in the web page.
Privacy Statement
Names and e-mail addresses in this Journal Web page will only be used for the specified purposes of the Journal; they will not be opened for any other purpose or use by any other person.