The Effects of Saving-Investment Gap on Economic Growth in the Fragile Five: A New Generation Econometric Analysis

Year 2016, Volume: 16 Issue: 2, 197 - 210, 01.05.2016

İsmet Göçer Tuğba Akın

Abstract

In this study, the relationship between savinginvestment gap and economic growth in India, Brazil, Indonesia, Turkey and South Africa was analyzed via a new generation time series analysis method. In conclusion; it was found that savinginvestment deficit of countries affects their economic growth negatively. Error correction mechanisms of models are working

Keywords

Saving-Investment Gap, Economic Growth, Fragile Five

Kırılgan Beşlide Tasarruf-Yatırım Açığının Ekonomik Büyümeye Etkileri: Yeni Nesil Bir Ekonometrik Analiz

Abstract

Bu çalışmada; Hindistan, Brezilya, Endonezya, Türkiye ve Güney Afrika’da tasarruf- yatırım açığı ile ekonomik büyüme arasındaki ilişki, yeni nesil zaman serisi yöntemleriyle analiz edilmiştir. Çalışma sonucunda; tasarruf-yatırım açığının, ülkelerin ekonomik büyümeleri negatif etkilediği bulgusuna ulaşılmıştır. Modellerin hata düzeltme mekanizmaları çalışmaktadır

Keywords

Tasarruf-Yatırım Açığı Ekonomik Büyüme, Kırılgan Beşli.

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