Kamu Borcu ve Büyüme İlişkisi: Heterojen Panel Veri Analizi

Yıl 2020, Cilt: 15 Sayı: 60, 692 - 707, 31.10.2020

Mesut Türkay

https://doi.org/10.19168/jyasar.761132

Öz

Çalışmanın amacı kamu borcuyla ekonomik büyüme arasındaki ilişkiyi analiz etmektir. Bu amaçla, gelişmiş ve gelişmekte olan 43 ülkeyi içeren panel veri setiyle, yatay kesit bağımlılığı ve eğim katsayısının heterojenliğini dikkate alan ortak ilişkili etkiler (CCE) ve genişletilmiş ortalama grup (AMG) tahmin edicileri kullanılmıştır. Model sonuçlarına göre, tüm örneklem için kamu borcuyla ekonomik büyüme arasında anlamlı bir ilişki bulunmazken, gelişmekte olan ülkelerdeki kamu borç artışı büyümeyi olumsuz yönde etkilemektedir.

Anahtar Kelimeler

Kamu Borcu, Ortak İlişkili Etkiler, Heterojenlik, Yatay Kesit Bağımlılığı

Kaynakça

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