ÜRETKEN KAPASİTENİN EKONOMİK BÜYÜME ÜZERİNE ETKİSİ: MM-QR'DAN KANITLAR

Yıl 2025, Cilt: 21 Sayı: 1, 78 - 95, 26.03.2025

Cuma Demirtaş , Esra Soyu Yıldırım

Öz

Bu çalışma, 2000-2022 yılları arasında BRICS ülkelerinde fiziki sermaye, işgücü ve üretken kapasitenin ekonomik büyüme üzerindeki uzun vadeli etkisini incelemektedir. Bu amaçla eşbütünleşme ilişkisi kurulmuş ve uzun dönem katsayıları Moment Kantil Regresyon Yöntemi (MM-QR) kullanılarak elde edilmiştir. Sonuçlar, ekonomik büyümenin tüm kantillerde fiziki sermaye ve işgücü tarafından istatistiksel olarak anlamlı ve pozitif olarak etkilendiğini göstermektedir. Bununla birlikte, kantil seviyesi arttıkça pozitif etkinin azaldığı görülmüştür. Araştırmanın odak noktası olan Üretken Kapasite Endeksi'nin ekonomik büyüme üzerinde genel olarak olumlu bir etkiye sahip olduğu; ancak alt kantil gruplarında (0,1, 0,2 ve 0,3) istatistiksel olarak anlamlı olmadığı tespit edilmiştir. PCI'ın olumlu etkisi, 0,8'lik kantil haricinde, üst kantil gruplarında kantil seviyesi arttıkça güç kazanmaktadır. Bu araştırma, BRICS ülkelerindeki ekonomik büyümenin dinamiklerine ilişkin yeni bir bakış açısı sunarak mevcut literatüre önemli bir katkı sağlamaktadır. Üretken kapasitenin kantil düzeyindeki etkilerinin incelenmesi politika yapıcılar için özellikle faydalı olabilir. Bulgular, çalışmanın bu disiplinde ilklerden biri olması nedeniyle değerlidir.

Anahtar Kelimeler

üretken kapasite, büyüme, BRICS, MM-QR

EFFECTS OF PRODUCTIVE CAPACITIES ON ECONOMIC GROWTH: EVIDENCE FROM MM-QR

Öz

This study examines the long-term impact of physical capital, labor, and productive capacity on economic growth in the BRICS countries from 2000 to 2022. The cointegration relationship was established for this purpose, and the long-term coefficients were derived using the Moment Quantile Regression Method (MM-QR). The results indicate that economic growth is statistically significant and positively influenced by physical capital and labor in all quantiles. Nevertheless, it was noted that the quantile level increased, resulting in a decrease in the positive effect. The Productive Capacity Index, which is the focal point of the investigation, has a generally beneficial impact on economic growth; however, it was not determined to be statistically significant in the lower quantile groups (0.1, 0.2, and 0.3). With the exception of the 0.8 quantile, the PCI's positive impact gains strength as the quantile level increases in the upper quantile groups. This research makes a substantial contribution to the existing body of literature by offering a novel viewpoint on the dynamics of economic growth in the BRICS countries. Examining the implications of productive capacity at the quantile level can be particularly beneficial for policymakers. The findings are valuable due to the fact that the study is one of the first in this discipline.

Anahtar Kelimeler

PRODUCTIVE CAPACITIES, ECONOMIC GROWTH, BRICS, MM-QR

Kaynakça

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