检验土耳其BARS曲线的有效性

Q3 Economics, Econometrics and Finance

Economic Annals Pub Date : 2022-01-01 DOI:10.2298/eka2232153d

A. Durucan

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引用次数: 1

摘要

本研究有两个主要目的:检验1974-2016年期间土耳其BARS曲线的有效性，估计该时期的最佳政府规模，并将其与当前情况进行比较。它采用自回归分布滞后边界检验和二次方程方法。研究的实证结果证实了BARS曲线的有效性，为政府规模与经济增长之间存在倒u型的长期关系提供了强有力的证据。与以往许多使用单一代理指标衡量政府规模的研究不同，本研究使用了所有可用的基本指标及其子成分。实证结果表明，在研究期内，除中央预算内总支出和国防费外，政府规模的代理指标均超过最优值。因此，从长远来看，除了这两个指标之外，减少政府的规模会提高经济增长率。

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Testing the validity of the BARS curve for Turkey

This study has two main aims: to test the validity of the BARS curve in Turkey for the period 1974-2016 and to estimate the optimal government size for that period and compare it with the current situation. It uses the Autoregressive Distributed Lag bounds test and quadratic equation methods. The empirical findings of the study confirm the validity of the BARS curve by providing strong evidence for the existence of an inverted U-shaped long-run relationship between government size and economic growth. Unlike many previous studies that use a single proxy measure for government size, this study uses all available fundamental indicators and their sub-components. The empirical results show that for the period studied all proxy measures of government size exceed the optimal except for total central government budget expenditure and defence expenditure. Therefore, decreasing the size of the government, other than for these two indicators, will increase economic growth in the long run.

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来源期刊

Economic Annals Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.90

自引率

0.00%

发文量

审稿时长

18 weeks

期刊介绍： Economic Annals is an academic journal that has been published on a quarterly basis since 1955, initially under its Serbian name of Ekonomski anali (EconLit). Since 2006 it has been published exclusively in English. It is published by the Faculty of Economics, University of Belgrade, Serbia. The journal publishes research in all areas of economics. The Editorial Board welcomes contributions that explore economic issues in a comparative perspective with a focus on transition and emerging economies in Europe and around the world. The journal encourages the submission of original unpublished works, not under consideration by other journals or publications. All submitted papers undergo a double blind refereeing process. Authors are expected to follow standard publication procedures [Instructions to Authors], to recognise the values of the international academic community and to respect the journal’s Policy.