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Türkiye'de Ekonomik Özgürlük ve Bileşenleri Arasındaki Nedensellik

Yıl 2025, Cilt: 12 Sayı: 2, 407 - 423, 01.07.2025
https://doi.org/10.17541/optimum.1681007

Öz

Ekonomik özgürlüğün ekonomik büyümeye ulaşmada önemli bir itici güç olduğu bilinmektedir. Bu çalışma, bileşenlerin ve EFI'nin nasıl bağlantılı olduğunu analiz ederek bu konuya ışık tutmak, EFI'yi iyileştirmeye yönelik uygun politikalar planlamak ve böylece Türkiye'de kişi başına düşen GSYİH'yi ve ekonomik büyümeyi teşvik etmek için önemlidir. Bu nedenle, bileşenler ve EFI arasındaki bağlantıyı araştırmak için frekans alanı nedensellik testi kullanılmıştır. Ampirik analizler, 2000Q1'den 2021Q4'e kadar olan yılları kapsayan zaman serisi verileri kullanılarak gerçekleştirilmiştir. Frekans alanı nedensellik testinin tahmin sonuçları, LSG, LPR ve LFT'den LEFI'ye doğru bir nedensellik olduğunu doğrularken, LSM ve LR'den LEFI'ye doğru hiçbir nedensellik doğrulanmamıştır. VAR tabanlı Granger Nedensellik testi sonuçlarını destekleyerek, uzun vadede ve kısa vadede ekonomik özgürlükten hükümetin büyüklüğüne doğru giden nedensellik hariç, LEFI'den bileşenlere doğru giden hiçbir nedensellik tespit edilmemiştir.

Kaynakça

  • Acemoglu, D., & Verdier, T. (2000). The choice between market failures and corruption. American Economic Review 90, 194–211. https://doi.org/10.1257/aer.90.1.194
  • Akçay, S. (2023). Frequency-Domain and time-varying asymmetric Granger causality between real effective exchange rates and remittances in Mexico. The Journal of International Trade & Economic Development, 1-21. https://doi.org/10.1080/09638199.2023.2184657
  • Ayad, H., Ben-Salha, O., & Ouafi, M. (2023). Do oil prices predict the exchange rate in Algeria? Time, frequency, and time‐varying Granger causality analysis. Economic Change and Restructuring, 1-22.
  • Barro, R. J. (1991). Economic growth in a cross section of countries. The quarterly journal of economics, 106(2), 407-443. https://doi.org/10.2307/2937943
  • Bencivenga, V. R., & Smith, B. D. (1991). Financial intermediation and endogenous growth. The review of economic studies, 58(2), 195-209. https://doi.org/10.2307/2297964
  • Berggren, N. (2003). The benefits of economic freedom: a survey. The independent review, 8(2), 193-211. https://www.jstor.org/stable/24562685
  • Breitung, J. and Candelon, B. (2006). Testing for short- and long-run causality: a frequency-domain approach. Journal of Econometrics, 132(2), 363–378. https://doi.org/10.1016/j.jeconom.2005.02.004
  • Bjørnskov, C., & Foss, N. J. (2008). Economic freedom and entrepreneurial activity: Some cross-country evidence. Public Choice, 134, 307-328. https://doi.org/10.1007/s11127-007-9229-y
  • Fedderke, J. (2002). Technology, human capital, growth and institutional development. Theoria, 49(100), 1-26. https://doi.org/10.3167/004058102782485367
  • Fraser Institute (2024), Economic Freedom Index, https://www.fraserinstitute.org/studies/economic-freedom
  • Gehring, K. (2013). Who benefits from economic freedom? Unraveling the effect of economic freedom on subjective well-being. World Development, 50, 74-90. https://doi.org/10.1016/j.worlddev.2013.05.003
  • Geweke, J. (1982). Measurement of linear dependence and feedback between multiple time series. Journal of the American Statistical Association, 77(378), 304–313. https://doi.org/10.1080/01621459.1982. 10477803
  • Granger, C. W. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica: journal of the Econometric Society, 424-438. https://doi.org/10.2307/1912791
  • Gwartney, J. D., Lawson, R. A., & Holcombe, R. G. (1999). Economic freedom and the environment for economic growth. Journal of Institutional and Theoretical Economics (JITE)/Zeitschrift für die gesamte Staatswissenschaft, 155(5), 643-663.
  • Haseeb, M., Suryanto, T., Hartani, N.H. & Jermsittiparsert, K. (2020). Nexus Between Globalization, Income Inequality and Human Development in Indonesian Economy: Evidence from Application of Partial and Multiple Wavelet Coherence. Social Indicators Research, 147, 723–745. https://doi.org/10.1007/s11205-019-02178-w
  • Heritage.org (2025). Index of Economic Freedom. https://www.heritage.org/index/
  • Hosoya, Y. (1991). The decomposition and measurement of the interdependency between second-order stationary processes. Probability Theory and Related Fields, 88(4), 429–444. https://doi.org/10.1007/BF01192551
  • King, R. G. and Levine, R. (1993). Finance and Growth: Schumpeter Might Be Right. The Quarterly Journal of Economics, 108(3), 717–737, https://doi.org/10.2307/2118406
  • Knack, S., & Keefer, P. (1995). Institutions and economic performance: cross‐country tests using alternative institutional measures. Economics & Politics, 7(3), 207-227. https://doi.org/10.1111/j.1468-0343.1995.tb00111.x
  • Lawson, R. A., Murphy, R. and Powell, B. (2020). The Determinants of Economic Freedom: A Survey. Contemporary Economic Policy, 38 (4), 622–642. https://doi.org/10.1111/coep.12471
  • Mahon, J. E. (2014). Economic freedom and the size of government. Challenge, 57(1), 67-81. https://doi.org/10.2753/0577-5132570105
  • Mamatzakis, E. (2013). Regulations, economic freedom and bank performance: Evidence from the EU-10 economies. https://mpra.ub.uni-muenchen.de/51878/
  • Pieroni, L., & d'Agostino, G. (2013). Corruption and the effects of economic freedom. European journal of political economy, 29, 54-72. https://doi.org/10.1016/j.ejpoleco.2012.08.002
  • Powell, B. (2002). Private property rights, economic freedom, and well being. Economic Education Bulletin, 11(1), 1-8.
  • Sharif, A., Afshan, S., & Qureshi, M. A. (2019). Idolization and ramifcation between globalization and ecological footprint: Evidence from quantile-on-quantile approach. Environmental Science and Pollution, 26(11):11191-11211. https://doi.org/10.1007/s11356-019-04351-7
  • Statista (2025). https://www.statista.com/statistics/256965/worldwide-index-of-economic-freedom/ Worldbank (2025). The World Bank Data. https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=TR
  • Xie, M., Irfan, M., Razzaq, A., & Dagar, V. (2022). Forest and mineral volatility and economic performance: evidence from frequency domain causality approach for global data. Resources Policy, 76, 102685.

Causality between Economic Freedom and Its Components in Türkiye

Yıl 2025, Cilt: 12 Sayı: 2, 407 - 423, 01.07.2025
https://doi.org/10.17541/optimum.1681007

Öz

Economic freedom is known to be a significant driver towards achieving economic growth. This study is essential to shed light on this issue by analysing how the components and the EFI are linked, to plan suitable policies toward improving EFI, thus promoting GDP per capita and economic growth in Türkiye. Hence, the frequency-domain causality test is used to investigate the link between the components and EFI. Empirical analyses are carried out employing time series data covering the years from 2000Q1 to 2021Q4. The estimation results of the frequency-domain causality test confirm that there is a causality running from LSG, LPR, and LFT to LEFI, whereas no causality is confirmed from LSM and LR to LEFI. Supporting the VAR-based Granger Causality test results, no causality was detected running from LEFI to the components, except the causality running from economic freedom to the government’s size in the long run and short run.

Kaynakça

  • Acemoglu, D., & Verdier, T. (2000). The choice between market failures and corruption. American Economic Review 90, 194–211. https://doi.org/10.1257/aer.90.1.194
  • Akçay, S. (2023). Frequency-Domain and time-varying asymmetric Granger causality between real effective exchange rates and remittances in Mexico. The Journal of International Trade & Economic Development, 1-21. https://doi.org/10.1080/09638199.2023.2184657
  • Ayad, H., Ben-Salha, O., & Ouafi, M. (2023). Do oil prices predict the exchange rate in Algeria? Time, frequency, and time‐varying Granger causality analysis. Economic Change and Restructuring, 1-22.
  • Barro, R. J. (1991). Economic growth in a cross section of countries. The quarterly journal of economics, 106(2), 407-443. https://doi.org/10.2307/2937943
  • Bencivenga, V. R., & Smith, B. D. (1991). Financial intermediation and endogenous growth. The review of economic studies, 58(2), 195-209. https://doi.org/10.2307/2297964
  • Berggren, N. (2003). The benefits of economic freedom: a survey. The independent review, 8(2), 193-211. https://www.jstor.org/stable/24562685
  • Breitung, J. and Candelon, B. (2006). Testing for short- and long-run causality: a frequency-domain approach. Journal of Econometrics, 132(2), 363–378. https://doi.org/10.1016/j.jeconom.2005.02.004
  • Bjørnskov, C., & Foss, N. J. (2008). Economic freedom and entrepreneurial activity: Some cross-country evidence. Public Choice, 134, 307-328. https://doi.org/10.1007/s11127-007-9229-y
  • Fedderke, J. (2002). Technology, human capital, growth and institutional development. Theoria, 49(100), 1-26. https://doi.org/10.3167/004058102782485367
  • Fraser Institute (2024), Economic Freedom Index, https://www.fraserinstitute.org/studies/economic-freedom
  • Gehring, K. (2013). Who benefits from economic freedom? Unraveling the effect of economic freedom on subjective well-being. World Development, 50, 74-90. https://doi.org/10.1016/j.worlddev.2013.05.003
  • Geweke, J. (1982). Measurement of linear dependence and feedback between multiple time series. Journal of the American Statistical Association, 77(378), 304–313. https://doi.org/10.1080/01621459.1982. 10477803
  • Granger, C. W. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica: journal of the Econometric Society, 424-438. https://doi.org/10.2307/1912791
  • Gwartney, J. D., Lawson, R. A., & Holcombe, R. G. (1999). Economic freedom and the environment for economic growth. Journal of Institutional and Theoretical Economics (JITE)/Zeitschrift für die gesamte Staatswissenschaft, 155(5), 643-663.
  • Haseeb, M., Suryanto, T., Hartani, N.H. & Jermsittiparsert, K. (2020). Nexus Between Globalization, Income Inequality and Human Development in Indonesian Economy: Evidence from Application of Partial and Multiple Wavelet Coherence. Social Indicators Research, 147, 723–745. https://doi.org/10.1007/s11205-019-02178-w
  • Heritage.org (2025). Index of Economic Freedom. https://www.heritage.org/index/
  • Hosoya, Y. (1991). The decomposition and measurement of the interdependency between second-order stationary processes. Probability Theory and Related Fields, 88(4), 429–444. https://doi.org/10.1007/BF01192551
  • King, R. G. and Levine, R. (1993). Finance and Growth: Schumpeter Might Be Right. The Quarterly Journal of Economics, 108(3), 717–737, https://doi.org/10.2307/2118406
  • Knack, S., & Keefer, P. (1995). Institutions and economic performance: cross‐country tests using alternative institutional measures. Economics & Politics, 7(3), 207-227. https://doi.org/10.1111/j.1468-0343.1995.tb00111.x
  • Lawson, R. A., Murphy, R. and Powell, B. (2020). The Determinants of Economic Freedom: A Survey. Contemporary Economic Policy, 38 (4), 622–642. https://doi.org/10.1111/coep.12471
  • Mahon, J. E. (2014). Economic freedom and the size of government. Challenge, 57(1), 67-81. https://doi.org/10.2753/0577-5132570105
  • Mamatzakis, E. (2013). Regulations, economic freedom and bank performance: Evidence from the EU-10 economies. https://mpra.ub.uni-muenchen.de/51878/
  • Pieroni, L., & d'Agostino, G. (2013). Corruption and the effects of economic freedom. European journal of political economy, 29, 54-72. https://doi.org/10.1016/j.ejpoleco.2012.08.002
  • Powell, B. (2002). Private property rights, economic freedom, and well being. Economic Education Bulletin, 11(1), 1-8.
  • Sharif, A., Afshan, S., & Qureshi, M. A. (2019). Idolization and ramifcation between globalization and ecological footprint: Evidence from quantile-on-quantile approach. Environmental Science and Pollution, 26(11):11191-11211. https://doi.org/10.1007/s11356-019-04351-7
  • Statista (2025). https://www.statista.com/statistics/256965/worldwide-index-of-economic-freedom/ Worldbank (2025). The World Bank Data. https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=TR
  • Xie, M., Irfan, M., Razzaq, A., & Dagar, V. (2022). Forest and mineral volatility and economic performance: evidence from frequency domain causality approach for global data. Resources Policy, 76, 102685.
Toplam 27 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Uygulamalı Makro Ekonometri, Kalkınma Ekonomisi - Makro
Bölüm Makaleler
Yazarlar

Demet Beton Kalmaz 0000-0002-4407-5720

Yayımlanma Tarihi 1 Temmuz 2025
Gönderilme Tarihi 21 Nisan 2025
Kabul Tarihi 28 Mayıs 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 12 Sayı: 2

Kaynak Göster

APA Beton Kalmaz, D. (2025). Causality between Economic Freedom and Its Components in Türkiye. Optimum Ekonomi ve Yönetim Bilimleri Dergisi, 12(2), 407-423. https://doi.org/10.17541/optimum.1681007
AMA Beton Kalmaz D. Causality between Economic Freedom and Its Components in Türkiye. OEYBD. Temmuz 2025;12(2):407-423. doi:10.17541/optimum.1681007
Chicago Beton Kalmaz, Demet. “Causality between Economic Freedom and Its Components in Türkiye”. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 12, sy. 2 (Temmuz 2025): 407-23. https://doi.org/10.17541/optimum.1681007.
EndNote Beton Kalmaz D (01 Temmuz 2025) Causality between Economic Freedom and Its Components in Türkiye. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 12 2 407–423.
IEEE D. Beton Kalmaz, “Causality between Economic Freedom and Its Components in Türkiye”, OEYBD, c. 12, sy. 2, ss. 407–423, 2025, doi: 10.17541/optimum.1681007.
ISNAD Beton Kalmaz, Demet. “Causality between Economic Freedom and Its Components in Türkiye”. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 12/2 (Temmuz2025), 407-423. https://doi.org/10.17541/optimum.1681007.
JAMA Beton Kalmaz D. Causality between Economic Freedom and Its Components in Türkiye. OEYBD. 2025;12:407–423.
MLA Beton Kalmaz, Demet. “Causality between Economic Freedom and Its Components in Türkiye”. Optimum Ekonomi ve Yönetim Bilimleri Dergisi, c. 12, sy. 2, 2025, ss. 407-23, doi:10.17541/optimum.1681007.
Vancouver Beton Kalmaz D. Causality between Economic Freedom and Its Components in Türkiye. OEYBD. 2025;12(2):407-23.

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