Araştırma Makalesi

A Historical Analysis of The Economic Development of The USA (1947-2017)

Cilt: 8 Sayı: 1 29 Ocak 2019
PDF İndir
TR EN

A Historical Analysis of The Economic Development of The USA (1947-2017)

Öz


The aim of this study is to evaluate economic improvement of US. For this purpose, the quarterly data for the periods between 1947 and 2015 is taken into the consideration. Therefore, focusing on this long period provides a historical view so that more appropriate results can be achieved. Moreover, economic growth of US is considered as dependent variable whereas four different subtitles of GDP (consumption, private investment, government expenditure and net export) are selected as independent variables. Furthermore, multivariate adoptive regression spline (MARS) methodology is used in the analysis process. The findings show that private investment, government expenditure and net export have a positive relationship between economic growth. It is identified that the positive effect reduces when the percentage of government expenditure exceeds 22.2%. On the other side, in case of negative net export and having lower investment ratio than 16.3%, economic development of US will be affected negatively. These results give very important information that instead of consumption, other three subtitles of GDP make a contribution to the economic development of US. By considering these results, it is recommended that US should mainly implement growth strategies by focusing on private investment and net export. Within this framework, tax advantages for these investors can be provided to reach this objective. In addition to this condition, government should also give incentives to improve industrial production so that investment and export can be increased.

Anahtar Kelimeler

Kaynakça

  1. Adegoriola, A. E., & Siyan, P. (2015). The Relative Impact of Money Supply and Government Expenditure on Economic Growth in Nigeria. Economy, 2(3), 49-57.
  2. Alam, M. M., Murad, M. W., Noman, A. H. M., & Ozturk, I. (2016). Relationships among carbon emissions, economic growth, energy consumption and population growth: Testing Environmental Kuznets Curve hypothesis for Brazil, China, India and Indonesia. Ecological Indicators, 70, 466-479.
  3. Alexiou, C., & Nellis, J. G. (2017). Cyclical Multiplier and Zero Low Bound Effects of Government Expenditure on Economic Growth: Evidence for Greece. Australian Economic Papers, 56(2), 119-133.
  4. Aydin, C., & Esen, Ö. (2016). The Threshold Effects of Current Account Deficits on Economic Growth in Turkey: Does the Level of Current Account Deficit Matter?. International Journal of Trade, Economics and Finance, 7(5), 186.
  5. Aydin, C., Akinci, M., & Yilmaz, Ö. (2016). The Analysis of Visible Hand of Government: The Threshold Effect of Government Spending on Economic Growth. International Journal of Trade, Economics and Finance, 7(5), 170.
  6. Bahal, G., Raissi, M., & Tulin, V. (2018). Crowding-out or crowding-in? Public and private investment in India. World Development, 109, 323-333.
  7. Başarır, Ç., & Sarıhan, A. Y. (2018). The Effect of Investment Incentives and Export Credits on Country Export: The Case Of Turkey. Kırgızistan-Türkiye Manas Üniversitesi, 7(3), 505-518.
  8. Baykul, A. (2018). Bölgesel Ekonomik Büyüme Üzerinde Ar-Ge Faaliyetlerinin Etkileri: Türkiye’de Düzey I Bölgelerinde Ampirik Bir İnceleme. Kırgızistan-Türkiye Manas Üniversitesi, 7(2), 143-154.

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Araştırma Makalesi

Yazarlar

Seçil Şenel Uzunkaya Bu kişi benim
Türkiye

Yayımlanma Tarihi

29 Ocak 2019

Gönderilme Tarihi

2 Kasım 2018

Kabul Tarihi

27 Aralık 2018

Yayımlandığı Sayı

Yıl 2019 Cilt: 8 Sayı: 1

Kaynak Göster

APA
Şenel Uzunkaya, S., Dinçer, H., & Yüksel, S. (2019). A Historical Analysis of The Economic Development of The USA (1947-2017). MANAS Sosyal Araştırmalar Dergisi, 8(1), 209-222. https://doi.org/10.33206/mjss.477724
AMA
1.Şenel Uzunkaya S, Dinçer H, Yüksel S. A Historical Analysis of The Economic Development of The USA (1947-2017). MJSS. 2019;8(1):209-222. doi:10.33206/mjss.477724
Chicago
Şenel Uzunkaya, Seçil, Hasan Dinçer, ve Serhat Yüksel. 2019. “A Historical Analysis of The Economic Development of The USA (1947-2017)”. MANAS Sosyal Araştırmalar Dergisi 8 (1): 209-22. https://doi.org/10.33206/mjss.477724.
EndNote
Şenel Uzunkaya S, Dinçer H, Yüksel S (01 Ocak 2019) A Historical Analysis of The Economic Development of The USA (1947-2017). MANAS Sosyal Araştırmalar Dergisi 8 1 209–222.
IEEE
[1]S. Şenel Uzunkaya, H. Dinçer, ve S. Yüksel, “A Historical Analysis of The Economic Development of The USA (1947-2017)”, MJSS, c. 8, sy 1, ss. 209–222, Oca. 2019, doi: 10.33206/mjss.477724.
ISNAD
Şenel Uzunkaya, Seçil - Dinçer, Hasan - Yüksel, Serhat. “A Historical Analysis of The Economic Development of The USA (1947-2017)”. MANAS Sosyal Araştırmalar Dergisi 8/1 (01 Ocak 2019): 209-222. https://doi.org/10.33206/mjss.477724.
JAMA
1.Şenel Uzunkaya S, Dinçer H, Yüksel S. A Historical Analysis of The Economic Development of The USA (1947-2017). MJSS. 2019;8:209–222.
MLA
Şenel Uzunkaya, Seçil, vd. “A Historical Analysis of The Economic Development of The USA (1947-2017)”. MANAS Sosyal Araştırmalar Dergisi, c. 8, sy 1, Ocak 2019, ss. 209-22, doi:10.33206/mjss.477724.
Vancouver
1.Seçil Şenel Uzunkaya, Hasan Dinçer, Serhat Yüksel. A Historical Analysis of The Economic Development of The USA (1947-2017). MJSS. 01 Ocak 2019;8(1):209-22. doi:10.33206/mjss.477724

Cited By

MANAS Journal of Social Studies (MANAS Sosyal Araştırmalar Dergisi)     

Yayınlanan sayılar, sayı dosyaları ve makale dosyaları creative commons CC-BY-NC-ND 4.0 lisanslıdır. 

Sitemiz içerikleri ise creative commons CC-BY-NC 4.0 lisanslıdır.