Öz
Tüketim harcamaları en önemli ekonomik değişkenlerden biridir. Bu nedenle tüketim harcamalarının
fonksiyonel biçimine ilişkin makroekonomi literatüründe pek çok görüş mevcuttur. Bunlardan Hall modeli,
tüketim harcamalarındaki değişimin tamamen rassal olduğunu öne sürmektedir. Bu çalışmada Hall’ın Rasyonel
Beklentiler-Yaşam Boyu Sürekli Gelir hipotezi, özel nihai harcamaların üç alt kalemini oluşturan gıda-içki
harcamaları, yarı dayanıklı ve dayanıksız tüketim malları harcamaları ve hizmet harcamaları için test edilmiştir.
Dışlama Testi sonuçları RB-YBSG hipotezini Türkiye ekonomisi için red etmiştir.
Anahtar Kelimeler
Tüketim fonksiyonu Hall’ s model Dışlama testi Sürekli gelir
Kaynakça
- AŞIRIM, O., (1996), “Alternative Theories of Consumption and an Application to the Turkish Economy”, Central Bank of the Republic of Turkey, Discussion Paper No: 9604, January.
- CHATTERJI (1983), “On Forecasting UK Consumption”, Applied Economics, 15, 3, 417-423.
- CUDDINGTON (1982), “Canadian Evidence on the Permanent Income-Rational Expectations Hypothesis”, Canadian Journal of Economics, 15, 2, 331-335.
- DALY ve ve HADJIMATHEOU (1981), “Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Evidence for the U.K. Economy”, Journal of Political Economy, 89, 3, 596-599.
- FRANSES, P.H., (1996), Periodicity and Stochastic Trends in Economic Time Series, Oxford University Press, New york.
- FRIEDMAN, M., (1957), A Theory of Consumption Function, Princeton, N.J: Princeton University Press.
- GAUSDEN ve WHITFIELD (2000), “Testing the Stochastic Implications of the Life Cycle-Permanent Income Hypothesis using UK Regional Time Series Data”, Applied Economics, 32, 10, 1299-1310.
- HALL, R.E., (1978), “Stochastic Implications of The Life Cycle-Permanent Income Hypothesis: Theory and Evidence”, Journal of Political Economy, 86, 6, 971-987.
- JOHNSON (1983), “Life-Cycle Consumption under Rational Expectations: Some Australian Evidence”, The Economic Record, 59, 167, 345-350.
- MacKINNON, J.G. (1996), “Numerical Distribution Functions for Unit Root and Cointegration Tests”, Journal of Applied Econometrics, 11, 601-618.
- MODIGLIANI, F. ve R., BRUMBERG (1954), Utility Analysis and The Consumption Function: An Interpretation of Cross-Section Data, Post-Keynesian Economics, ed: K. Kurhira, New Brunswick, N.J: Rutgers University Press.
- OSBORN, R.D., (1988), “Seasonality and Habit Persistence in a Life-Cycle Model of Consumption”, Journal of Applied Econometrics, 3, 255-266.
- SİVRİ, U. (yakında), “Mevsimsel Rasyonel Beklentiler Yaşam-Boyu Sürekli Gelir Hipotezi’nin Testi”, Gazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Yayıma Kabul edilmiş Makale.
- TÜİK, İSTATİSTİK GÖSTERGELER 1923-2004, Yayın No: 0535, Ankara.
Öz
Kaynakça
- AŞIRIM, O., (1996), “Alternative Theories of Consumption and an Application to the Turkish Economy”, Central Bank of the Republic of Turkey, Discussion Paper No: 9604, January.
- CHATTERJI (1983), “On Forecasting UK Consumption”, Applied Economics, 15, 3, 417-423.
- CUDDINGTON (1982), “Canadian Evidence on the Permanent Income-Rational Expectations Hypothesis”, Canadian Journal of Economics, 15, 2, 331-335.
- DALY ve ve HADJIMATHEOU (1981), “Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Evidence for the U.K. Economy”, Journal of Political Economy, 89, 3, 596-599.
- FRANSES, P.H., (1996), Periodicity and Stochastic Trends in Economic Time Series, Oxford University Press, New york.
- FRIEDMAN, M., (1957), A Theory of Consumption Function, Princeton, N.J: Princeton University Press.
- GAUSDEN ve WHITFIELD (2000), “Testing the Stochastic Implications of the Life Cycle-Permanent Income Hypothesis using UK Regional Time Series Data”, Applied Economics, 32, 10, 1299-1310.
- HALL, R.E., (1978), “Stochastic Implications of The Life Cycle-Permanent Income Hypothesis: Theory and Evidence”, Journal of Political Economy, 86, 6, 971-987.
- JOHNSON (1983), “Life-Cycle Consumption under Rational Expectations: Some Australian Evidence”, The Economic Record, 59, 167, 345-350.
- MacKINNON, J.G. (1996), “Numerical Distribution Functions for Unit Root and Cointegration Tests”, Journal of Applied Econometrics, 11, 601-618.
- MODIGLIANI, F. ve R., BRUMBERG (1954), Utility Analysis and The Consumption Function: An Interpretation of Cross-Section Data, Post-Keynesian Economics, ed: K. Kurhira, New Brunswick, N.J: Rutgers University Press.
- OSBORN, R.D., (1988), “Seasonality and Habit Persistence in a Life-Cycle Model of Consumption”, Journal of Applied Econometrics, 3, 255-266.
- SİVRİ, U. (yakında), “Mevsimsel Rasyonel Beklentiler Yaşam-Boyu Sürekli Gelir Hipotezi’nin Testi”, Gazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Yayıma Kabul edilmiş Makale.
- TÜİK, İSTATİSTİK GÖSTERGELER 1923-2004, Yayın No: 0535, Ankara.
Ayrıntılar
| Birincil Dil | Türkçe |
|---|---|
| Bölüm | Makaleler |
| Yazarlar | |
| Yayımlanma Tarihi | 5 Eylül 2011 |
| Yayımlandığı Sayı | Yıl 2010 Sayı: 11 |