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TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM

Yıl 2010, Cilt: 25 Sayı: 2 - Cilt: 25 Sayı: 2, 1 - 22, 25.07.2016

Öz

Bir ekonomide büyümenin kaynaklarının geleneksel büyüme muhasebesi çerçevesinde tahmini faktör piyasalarının rekabetçi oldukları ve üretim fonksiyonunun belirli bir kalıba uyduğu şeklindeki varsayımların sağlanmasını gerektirmektedir. Bu çalışmada Iwata vd. (2003) çalışmasından hareketle Türkiye ekonomisinde büyümenin kaynakları ve toplam faktör verimliliği (TFV) 1968-2006 dönemi için söz konusu varsayımların sağlanmasını gerektirmeyen parametrik olmayan regresyon analizi ile tahmin edilmiştir. Çıktının sermaye ve işgücü girdisine göre esneklik katsayılarının parametrik olmayan regresyon tahminleri Türkiye ekonomisinde ölçeğe göre azalan getiri olduğunu göstermektedir. Tahmin sonuçlarına göre 1980 öncesi dönemde büyümenin kaynağı sermaye birikimi iken, 1980 sonrası dönemde 1991-95 yılları dışında TFV büyümesidir. İşgücünün büyümeye en önemli katkısını 1991-95 döneminde yaptığı gözlenmiştir.

Kaynakça

  • Altuğ, S., Filiztekin, A. and Pamuk, Ş. (2006), “Sources of Long-Term Economic Growth for Turkey, 1880-2005”, http://www.cepr.org/pubs/new- dps/dplist.asp?dpno=6463.asp(16/02/2008).
  • Alvan, A. (2006), “Sources of Growth in Turkish Public and Private Manufacturing Sectors”, D.E.Ü.İ.İ.B.F. Dergisi, 21(1), 47-69.
  • Arcelus, F.J, and Arozena, P. (1999), “Measuring Sectoral Productivity across Time and across Countries, European Journal of Operational Research, 119, 254-266.
  • Barro, R. and Sala-i-Martin, X. (1995), Economic Growth, New York: McGraw-Hill.
  • Bosworth, B and Collins, S.M. (2003), “The Empirics of Growth: An Update”, Brookings Institution.
  • Dougherty, C. and Jorgenson, D.W. (1996), “International Comparisons of the Sources of Economic Growth”, American Economic Review, 86(2), 25-29.
  • Färe, R., Grosskopf, S., Norris, M. And Zhang, Z. (1994), Productivity Growth, Technical Change and Efficiency Change in Industrialized Countries”, American Economic Review, 84, 66-83.
  • Hakura, D.S. (2004), “Growth in the Middle East and North Africa”, IMF Working Paper, WP/04/56.
  • Harberger, A. C. (1998), “A Vision of the Growth Process”, American Economic Review, 88 (1), 1-32.
  • Härdle, W. (1990), Applied Nonparametric Regression, Cambridge: Cambridge University Press.
  • Hodrick, R.J. and Prescott, E.C. (1997), “Post-War U.S. Business Cycles: An Empirical Investigation”, Working Paper, Carnegie-Mellon, University: Reprinted in Journal of Money, Credit, and Banking, 29(1), 1-16.
  • Hulten, C.R. (2000), “Total Factor Productivity: A Short Biography”, NBER Working Paper, No: 7471, Cambridge, Massachusetts: National Bureau of Economic Research.
  • Islam, N. (1999), “Different Approaches to International Comparisons of Total Factor Productivity”, Working Paper, Department of Economics, Emory University.
  • İsmihan, M. ve Metin-Özcan, K. (2006), “Türkiye Ekonomisinde Büyümenin Kaynakları: 1960-2004”, İktisat, İşletme ve Finans, 21(Nisan), 74- 86.
  • İsmihan, M. ve Metin-Özcan, K. (2005), “Sources of Growth in the Turkish Economy, 1960-2004”, ERF12th Annual Conference. Cairo-Egypt.
  • Iwata, S., Khan, M.S. and Murao, H. (2003), “Sources of Economic Growth in East Asia: A Nonparametric Assessment”, IMF Staff Papers, 50(2), 157-177.
  • Jones, M.C. (1997), “A Variation on Local Linear Regression”, Statistica Sinica, 7, 1171-80.
  • Kepenek, Y. ve Yentürk, N. (2004), Türkiye Ekonomisi, 16. Baskı, İstanbul: Remzi Kitabevi.
  • Krugman, P. (1994), “The Myth of Asia’s Miracle”, Foreign Affairs, 73(November/December), 62-78.
  • Lewbel, A. (1993), “Consistent Tests with Nonparametric Components with an Application to Chinese Production Data”, Working Paper, Brandeis University.
  • Lewbel, A. (1995), “Consistent Nonparametric Testing with an Application to Testing Slutsky Symmetry”, Journal of Econometrics, 67, 379–401.
  • Mahmud, S.F., Ullah, A. and Yücel, E.M. (2004), “Testing Marshall-Lerner Condition: A Nonparametric Approach”, Applied Economics Letters, 11, 231- 236.
  • Maudos, J., Pastor, J.M. and Serrano, L. (2000), “Convergence in OECD Countries: Technical Progress and Efficiency Change in Industrialized Activities”, Applied Economics, 32, 757-765.
  • Nehru, V. and Dhareshwar, A. (1993), “A New Database on Physical Capital Stock: Sources, Methodology and Results”, Revista Analisis de Economico, 8(1), 37-59.
  • Pagan, A. and Ulah, A. (1999), Nonparametric Econometrics, Cambridge: Cambridge University Press.
  • Rilston, P. (1988), “Nonparametric Hypothesis Testing for Realistically Sized Samples”, Research Report, Laval University.
  • Rilston, P. (1991), “Nonparametric Hypothesis Testing with Parametric Rates of Convergence”, International Economic Review, 32(1), 209-227.
  • Saraçoğlu, B. ve Suiçmez, H. (2006), Türkiye İmalat Sanayinde Verimlilik, Teknolojik Gelişme, Yapısal Özellikler ve 2001 Krizi Sonrası Reel Değişimler: 1980-2005, Verimlilik Raporu-2006, Ankara: Milli Prodüktivite Merkezi.
  • Saygılı, Ş., Cihan, C. ve Yurtoğlu, H. (2005), Türkiye Ekonomisinde Sermaye Birikimi, Verimlilik ve Büyüme, Yayın No. TÜSİAD-T/2005-12/413, İstanbul: Lebib Yalkın Yayımları A.Ş.
  • Senhadji, A. (2000), “Sources of Economic Growth: An Extensive Growth Accounting Exercise”, IMF Staff Papers, 47(1), 129-157.
  • Solow, R. M. (1957), “Technical Change and the Aggregate Production Function”, Review of Economics and Statistics, 39, 312-320.
  • Takezawa, K. (2006), Introduction to Nonparametric Regression, USA: John Wiley & Sons, Inc.
  • Taşkın, F. and Zaim, Ö. (1997), “Catching-up and Innovation in High and Low Income Countries”, Economics Letters, 54, 93-100.
  • Tempel, J. (1999), “The New Growth Evidence”, Journal of Economic Literature, 37(1), 112-156.
  • Wand, M.P. and Jones, M.C. (1993), “Comparison of Smoothing Parameterizations in Bivariate Kernel Density Estimation”, J.A.S.A., 88(422), 520-528.
  • Wand, M.P. and Jones, M.C. (1995), Kernel Smoothing, London: Chapman and Hall.
  • Young, A. (1995), “The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience”, Quarterly Journal of Economics, 110(3), 641-680.

SOURCES OF GROWTH IN THE TURKISH ECONOMY: A NON-PARAMETRIC APPROACH

Yıl 2010, Cilt: 25 Sayı: 2 - Cilt: 25 Sayı: 2, 1 - 22, 25.07.2016

Öz

Estimating the sources of economic growth within the framework of the conventional growth accounting approach is based on two assumptions namely the factor markets are competitive and the underlying aggregate production function has a specific form. In this study, following Iwata et al (2003), sources of economic growth and total factor productivity (TFP) growth in the Turkish economy for the period 1968-2006 were estimated with nonparametric regression approach which does not require imposing these restrictive assumptions. Nonparametric estimates of income share of capital and labor indicated there are diminishing returns to scale in the Turkish economy. According to results, capital formation is the main sources of growth before in the pre-1980 period, TFP is the sources of growth with the exception of 1991-95 period and post-1980 period seems to be the sources of growth. It is observed that labor’s contribution to economic growth reached the highest level in the 1991-95.

Kaynakça

  • Altuğ, S., Filiztekin, A. and Pamuk, Ş. (2006), “Sources of Long-Term Economic Growth for Turkey, 1880-2005”, http://www.cepr.org/pubs/new- dps/dplist.asp?dpno=6463.asp(16/02/2008).
  • Alvan, A. (2006), “Sources of Growth in Turkish Public and Private Manufacturing Sectors”, D.E.Ü.İ.İ.B.F. Dergisi, 21(1), 47-69.
  • Arcelus, F.J, and Arozena, P. (1999), “Measuring Sectoral Productivity across Time and across Countries, European Journal of Operational Research, 119, 254-266.
  • Barro, R. and Sala-i-Martin, X. (1995), Economic Growth, New York: McGraw-Hill.
  • Bosworth, B and Collins, S.M. (2003), “The Empirics of Growth: An Update”, Brookings Institution.
  • Dougherty, C. and Jorgenson, D.W. (1996), “International Comparisons of the Sources of Economic Growth”, American Economic Review, 86(2), 25-29.
  • Färe, R., Grosskopf, S., Norris, M. And Zhang, Z. (1994), Productivity Growth, Technical Change and Efficiency Change in Industrialized Countries”, American Economic Review, 84, 66-83.
  • Hakura, D.S. (2004), “Growth in the Middle East and North Africa”, IMF Working Paper, WP/04/56.
  • Harberger, A. C. (1998), “A Vision of the Growth Process”, American Economic Review, 88 (1), 1-32.
  • Härdle, W. (1990), Applied Nonparametric Regression, Cambridge: Cambridge University Press.
  • Hodrick, R.J. and Prescott, E.C. (1997), “Post-War U.S. Business Cycles: An Empirical Investigation”, Working Paper, Carnegie-Mellon, University: Reprinted in Journal of Money, Credit, and Banking, 29(1), 1-16.
  • Hulten, C.R. (2000), “Total Factor Productivity: A Short Biography”, NBER Working Paper, No: 7471, Cambridge, Massachusetts: National Bureau of Economic Research.
  • Islam, N. (1999), “Different Approaches to International Comparisons of Total Factor Productivity”, Working Paper, Department of Economics, Emory University.
  • İsmihan, M. ve Metin-Özcan, K. (2006), “Türkiye Ekonomisinde Büyümenin Kaynakları: 1960-2004”, İktisat, İşletme ve Finans, 21(Nisan), 74- 86.
  • İsmihan, M. ve Metin-Özcan, K. (2005), “Sources of Growth in the Turkish Economy, 1960-2004”, ERF12th Annual Conference. Cairo-Egypt.
  • Iwata, S., Khan, M.S. and Murao, H. (2003), “Sources of Economic Growth in East Asia: A Nonparametric Assessment”, IMF Staff Papers, 50(2), 157-177.
  • Jones, M.C. (1997), “A Variation on Local Linear Regression”, Statistica Sinica, 7, 1171-80.
  • Kepenek, Y. ve Yentürk, N. (2004), Türkiye Ekonomisi, 16. Baskı, İstanbul: Remzi Kitabevi.
  • Krugman, P. (1994), “The Myth of Asia’s Miracle”, Foreign Affairs, 73(November/December), 62-78.
  • Lewbel, A. (1993), “Consistent Tests with Nonparametric Components with an Application to Chinese Production Data”, Working Paper, Brandeis University.
  • Lewbel, A. (1995), “Consistent Nonparametric Testing with an Application to Testing Slutsky Symmetry”, Journal of Econometrics, 67, 379–401.
  • Mahmud, S.F., Ullah, A. and Yücel, E.M. (2004), “Testing Marshall-Lerner Condition: A Nonparametric Approach”, Applied Economics Letters, 11, 231- 236.
  • Maudos, J., Pastor, J.M. and Serrano, L. (2000), “Convergence in OECD Countries: Technical Progress and Efficiency Change in Industrialized Activities”, Applied Economics, 32, 757-765.
  • Nehru, V. and Dhareshwar, A. (1993), “A New Database on Physical Capital Stock: Sources, Methodology and Results”, Revista Analisis de Economico, 8(1), 37-59.
  • Pagan, A. and Ulah, A. (1999), Nonparametric Econometrics, Cambridge: Cambridge University Press.
  • Rilston, P. (1988), “Nonparametric Hypothesis Testing for Realistically Sized Samples”, Research Report, Laval University.
  • Rilston, P. (1991), “Nonparametric Hypothesis Testing with Parametric Rates of Convergence”, International Economic Review, 32(1), 209-227.
  • Saraçoğlu, B. ve Suiçmez, H. (2006), Türkiye İmalat Sanayinde Verimlilik, Teknolojik Gelişme, Yapısal Özellikler ve 2001 Krizi Sonrası Reel Değişimler: 1980-2005, Verimlilik Raporu-2006, Ankara: Milli Prodüktivite Merkezi.
  • Saygılı, Ş., Cihan, C. ve Yurtoğlu, H. (2005), Türkiye Ekonomisinde Sermaye Birikimi, Verimlilik ve Büyüme, Yayın No. TÜSİAD-T/2005-12/413, İstanbul: Lebib Yalkın Yayımları A.Ş.
  • Senhadji, A. (2000), “Sources of Economic Growth: An Extensive Growth Accounting Exercise”, IMF Staff Papers, 47(1), 129-157.
  • Solow, R. M. (1957), “Technical Change and the Aggregate Production Function”, Review of Economics and Statistics, 39, 312-320.
  • Takezawa, K. (2006), Introduction to Nonparametric Regression, USA: John Wiley & Sons, Inc.
  • Taşkın, F. and Zaim, Ö. (1997), “Catching-up and Innovation in High and Low Income Countries”, Economics Letters, 54, 93-100.
  • Tempel, J. (1999), “The New Growth Evidence”, Journal of Economic Literature, 37(1), 112-156.
  • Wand, M.P. and Jones, M.C. (1993), “Comparison of Smoothing Parameterizations in Bivariate Kernel Density Estimation”, J.A.S.A., 88(422), 520-528.
  • Wand, M.P. and Jones, M.C. (1995), Kernel Smoothing, London: Chapman and Hall.
  • Young, A. (1995), “The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience”, Quarterly Journal of Economics, 110(3), 641-680.
Toplam 37 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA38CR32RY
Bölüm Makaleler
Yazarlar

Şenay Açıkgöz Bu kişi benim

Gaye Karpat Çatalbaş Bu kişi benim

Yayımlanma Tarihi 25 Temmuz 2016
Yayımlandığı Sayı Yıl 2010 Cilt: 25 Sayı: 2 - Cilt: 25 Sayı: 2

Kaynak Göster

APA Açıkgöz, Ş., & Çatalbaş, G. K. (2016). TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, 25(2), 1-22.
AMA Açıkgöz Ş, Çatalbaş GK. TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi. Temmuz 2016;25(2):1-22.
Chicago Açıkgöz, Şenay, ve Gaye Karpat Çatalbaş. “TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM”. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi 25, sy. 2 (Temmuz 2016): 1-22.
EndNote Açıkgöz Ş, Çatalbaş GK (01 Temmuz 2016) TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi 25 2 1–22.
IEEE Ş. Açıkgöz ve G. K. Çatalbaş, “TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM”, Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, c. 25, sy. 2, ss. 1–22, 2016.
ISNAD Açıkgöz, Şenay - Çatalbaş, Gaye Karpat. “TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM”. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi 25/2 (Temmuz 2016), 1-22.
JAMA Açıkgöz Ş, Çatalbaş GK. TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi. 2016;25:1–22.
MLA Açıkgöz, Şenay ve Gaye Karpat Çatalbaş. “TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM”. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, c. 25, sy. 2, 2016, ss. 1-22.
Vancouver Açıkgöz Ş, Çatalbaş GK. TÜRKİYE EKONOMİSİNDE BÜYÜMENİN KAYNAKLARI: PARAMETRİK OLMAYAN BİR YAKLAŞIM. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi. 2016;25(2):1-22.