The Effect of Openness and Democracy Level on Government Size: Evidence of Rodrik Hypothesis From Transition Economies

Öz

In this study, Rodrik hypothesis, which suggests positive relationship between government size and the risk from trade openness, is analyzed for 24 transition economies for the period 1990-2011. In the first part of the empirical analysis, it is found that the strong democracies among transition economies are partly inclined to satisfy Rodrik hypothesis. In the second part, the validity of Rodrik hypothesis is obtained for the mixed regime transition economies which are Bosnia and Herzegovina, Ukraine, Georgia and Moldova. Among these countries, government size is positively related with the external risk independent from the trade openness

Anahtar Kelimeler

• Government size, openness, transition economies, rodrik hypothesis

Dışa Açıklık ve Demokratik Yapının Kamu Kesimi Büyüklüğü Üzerindeki Etkisi: Rodrık Hipotezine Geçiş Ekonomilerinden Kanıt

Öz

Bu çalışmada, 24 geçiş ekonomisi için dışa açıklıktan kaynaklanan risk ile kamu kesimi büyüklüğü arasında pozitif yönlü bir ilişkinin olduğunu öne süren Rodrik hipotezinin geçerliliği 1990-2011 dönemi için sınanmıştır. Ampirik analizin ilk kısmında, demokratik yapısı güçlü geçiş ülkelerinin Rodrik hipotezini sağlamaya kısmen daha yatkın olduğu bulgusu elde edilmiştir. İkinci kısımda ise, karma rejime sahip Bosna Hersek, Ukrayna, Gürcistan ve Moldova’da Rodrik hipotezinin geçerli olduğu tespit edilmiştir. Bu ülkelerde kamu kesimi büyüklüğü, ticari açıklıktaki değişmelerden bağımsız olarak dış risk ile pozitif ilişkilidir

Anahtar Kelimeler

• Kamu kesimi büyüklüğü, dışa açıklık, geçiş ekonomileri, rodrik hipotezi

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