Sabit Sermaye Yatırımları ve Ekonomik Büyüme İlişkisi: Panel Nedensellik Analizi

Year 2014, Volume: 7 Issue: 1, 1 - 2014711132, 01.04.2014

Ahmet Şahbaz

Abstract

Bu çalışmada sabit sermeye yatırımları ve istihdam ile ekonomik büyüme arasındaki ilişki 27 AB ülkesi ve Türkiye’nin 1991-2011 dönemi için panel birim kök, panel eşbütünleşme ve panel nedensellik analizleri ile test edilmiştir. Elde edilen sonuçlara göre uzun dönemde sabit sermaye yatırımları ve istihdamdan ekonomik büyümeye doğru Granger nedenselliğinin olduğu bulunmuştur. Bununla birlikte kısa dönemde sabit sermaye yatırımlardan ekonomik büyümeye doğru bir nedensellik ilişkisi bulunamamıştır.

Keywords

Sabit Sermaye Yatırımları, Ekonomik Büyüme, Panel Veri, Avrupa BirliğiJel Sınıflandırması: E22, O10, O40, C23

Sabit Sermaye Yatırımları ve Ekonomik Büyüme İlişkisi: Panel Nedensellik Analizi

Abstract

In this study, the relation between gross fixed investment, employment and economic growth is analyzed in 27 European Union and Turkey between years 1991 and 2011 by employing panel unit root test, panel co-integration and panel causality analyses. According to empirical findings, there is a Granger causation linkage from gross fixed investment and employment to economic growth in the long run. However, there is no Granger causality running from gross fixed investment to economic growth in the short run.

Keywords

Gross Fixed Investment, Economic Growth, Panel Data, European Union.JEL Classification: E22, O10, O40, C23

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