TÜRKİYE’DE FIRSATÇI VE PARTİZAN POLİTİK KONJONKTÜREL DALGALANMALAR: 1950-2010

Tülin Altun

doi:10.14780/iibd.11901

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Year 2014, , 47 - 69, 16.03.2015

Tülin Altun

https://doi.org/10.14780/iibd.11901

Cited By: 5

Abstract

The Theory of Political Business Cycles (PBC) suggests that policy makers taking part in political decision-making process cause cycles on economic variables. This paper analyzes PBC according to opportunistic and partisan models in Turkey. The autoregressive integrated moving average method is used to determine whether there is a political deviation in the course of public spending between 1950 and 2010. The emprical results show that opportunistic and partisan political business cycles are valid in Turkey. However the evidence related to partisan model is not clear

Keywords

Opportunistic Political Business Cycles, Partisan Political Business Cycles, Government Expenditure

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