Kamu Harcamaları ve Ekonomik Büyüme İlişkisi: Geçiş Sürecindeki Türk Cumhuriyetleri Üzerine Bir Uygulama

Öz

Bu çalışmada, geçiş sürecindeki 5 Türk Cumhuriyeti (Azerbaycan, Kazakistan, Kırgızistan, Özbekistan ve Türkmenistan) için panel veri analizi kullanılarak 1990-2012 dönemine ait kamu harcamalarının ekonomik büyüme üzerindeki etkileri incelenmektedir. Bu kapsamda panel veri analizine ilişkin birim kök, eş-bütünleşme ve nedensellik testleri uygulanarak, kamu harcamaları ile ekonomik büyüme arasındaki uzun dönem katsayıları araştırılmaktadır. Elde edilen analiz sonuçlarına göre, kamu harcamaları ile ekonomik büyüme arasında uzun dönemde pozitif ve istatistiksel olarak anlamlı bir ilişki bulunmaktadır. Geçiş sürecindeki ülkelerde incelenen dönemde kamu harcamalarındaki artışın iktisadi büyümeyi olumlu yönde etkilediği gözlenmektedir

Anahtar Kelimeler

• Kamu harcamaları, ekonomik büyüme, Türk devletleri, geçiş ekonomileri, panel veri analizi

The Relationship between Government Expenditure and Economic Growth: An Application on Turkish Republics in Transition Process

Öz

In this study the effects of public expenditures on economic growth for 5 Turkish Republics (Azerbaijan, Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan) in transition process are researched by using panel data analysis for the years 1990-2012. In this context, by using the panel unit root, panel cointegration and panel causality tests related with panel data analysis, long-term co-efficents between public expenditures and economic growth are studied. According to the analysis results, the presence of a positive and statistically significant relationship between public expenditures and economic growth is revealed in the long run. Within this context, the rise of public expenditures in the studied period revealed to be affecting economic growth in a positive manner.

Anahtar Kelimeler

• public expenditures, economic growth, Turkic republics, transition economies, panel data analysis

Kaynakça

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