Year 2019,
Volume: 3 Issue: 3, 131 - 151, 30.09.2019
İbrahim Tokatlıoğlu
,
Nagihan Demet Yavuz-bahadır
References
- Auerbach, A. J. ve Gorodnichenko, Y. (2012). “Measuring the Output Responses to Fiscal Policy”. American Economic Journal, 4 (2), 1-27.
- Barrell, R., Holland D., ve Hurst I. (2012) “Fiscal Consolidation: Part 2. Fiscal Multipliers and Fiscal Consolidations”. OECD Economics Department Working Paper, 933
- Barro, R. (1989). "The Neoclassical Approach to Fiscal Policy. Modern Business Cycle Theory". Harvard University Press, 178-235.
- Batini, N., Eyraud L. ve Weber, A. (2014). “A Simple Method To Compute Fiscal Multipliers”. IMF Working Paper, 14 (93).
- Baum, A., Poplawski-Ribeiro, M., ve Weber, A., (2012). "Fiscal Multipliers and the State of the Economy". IMF Working Paper, 12 (286).
- Blanchard, O. ve Leigh, D. (2013). "Growth Forecast Errors and Fiscal Multipliers". IMF Working Paper, 13 (1), 2-5.
- Born, B., Juessen, F., ve Mueller, G .J., (2013). “Exchange rate regimes and fiscal multipliers,” Journal of Economic Dynamics and Control, 37 (2), 446–65.
- Cole, H.L., ve Ohanian L.E., (2004). “New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis,” Journal of Political Economy, 112 (4), 779–816.
- Corsetti, G.,Meier, A., ve Muller, G. (2012). “What Determines Government Spending Multipliers”. Economic Policy, 27 (72), 521-565.
- Çebi, C., (2017). "The Government SpendingMultiplier in Turkey", Journal of Emerging Markets Finance and Trade, 53.
- Deskar Škrbić, M., ve Šimović, H., (2015). "The size and determinants of fiscal multipliers in Western Balkans: comparing Croatia, Slovenia and Serbia", EFZG Working Paper Series, (10), 1-21.
- Dolls, M., Fuest, C., ve Peichl A., (2012). “Automatic Stabilizers and Economic Crisis: US vs. Europe,” Journal of Public Economics,96, 279–94.
- Erceg, C. J., ve Lindé, J., (2010). “Is There a Free Lunch in a Liquidity Trap?” International Finance Discussion Papers ,1003.
- Ganelli G. ve Tervala J., (2016). “The Welfare Multiplier of Public Infrastructure Investment.” IMF Working Papers, 16(40).
- Hall R.E., (2009). "By How Much Does GDP Rise If the Government Buys More Output?", Brookings Papers on Economic Activity, 40(2), 183-185.
- Hernández de Cos, P. ve Moral-Benito, E., (2013). "Fiscal Multipliers in Turbulent Times: The Case of Spain". Banco de Espana Working Paper, (1309).
- Ilzetzki, E., Mendoza, E.G. ve Vegh C.A. (2013). "How Big (Small?) Are Fiscal Multipliers?". IMF Working Paper, 11(52), 26-27.Keynes, M. J. (1936). The General Theory Of Employment, Interest and Money. London: Macmillan.
- Kirchner, M., Cimadomo, J. ve Hauptmeier, S., (2010), “Transmission of Government Spending Shocks in The Euro Area: Time Variation and Driving Forces,” ECB Working Paper Series, 1219
- McDonough, T. (2008). “Social Structures of Accumulation Theory: The State of the Art.” Review of Radical Political Economics, 40.
- Perotti, R., (2004). "Estimating the Effects of Fiscal Policy in OECD Countries". IGIER Working Paper, 276.
- Özgün, H. M., (2017). "Forecasting the Growth Cycles of the Turkish Economy" TCMB Working Papers, 17 (15)
- https://evds2.tcmb.gov.tr/
- https://www.hmb.gov.tr/kamu-finansmani-istatistikleri
- http://tuik.gov.tr/Start.do
- https://data.worldbank.org/country/turkey?locale=tr
Türkiye Ekonomisinde 2002 - 2016 Dönemindeki Mali Çarpanın Kova Yaklaşımı ile İncelenmesi
Year 2019,
Volume: 3 Issue: 3, 131 - 151, 30.09.2019
İbrahim Tokatlıoğlu
,
Nagihan Demet Yavuz-bahadır
Abstract
Son dönemlerde ekonomi literatüründe mali genişlemelerin çıktı düzeyinde yarattığı etkinin ülkelere ve ekonomik konjentüre göre değişiklik gösterdiği konusu üzerinde sıklıkla durulmaktadır. Araştırmacılar, mali çarpanı tahmin etmeye çalışırken model tabanlı yaklaşımları veya varyans analizine dayalı istatistiksel metotları sıklıkla kullanmaktadır. Bu çalışmada, mevcut metotlara alternatif olarak sunulan Kova Yaklaşımı kullanılarak 2002-2016 yıllarında Türkiye ekonomisindeki mali çarpanın büyüklüğü ölçülmüştür. Çalışma sonucunda elde edilen bulguların Türkiye için yapılan diğer çalışmalarla benzerlik taşıdığı görülmektedir.
References
- Auerbach, A. J. ve Gorodnichenko, Y. (2012). “Measuring the Output Responses to Fiscal Policy”. American Economic Journal, 4 (2), 1-27.
- Barrell, R., Holland D., ve Hurst I. (2012) “Fiscal Consolidation: Part 2. Fiscal Multipliers and Fiscal Consolidations”. OECD Economics Department Working Paper, 933
- Barro, R. (1989). "The Neoclassical Approach to Fiscal Policy. Modern Business Cycle Theory". Harvard University Press, 178-235.
- Batini, N., Eyraud L. ve Weber, A. (2014). “A Simple Method To Compute Fiscal Multipliers”. IMF Working Paper, 14 (93).
- Baum, A., Poplawski-Ribeiro, M., ve Weber, A., (2012). "Fiscal Multipliers and the State of the Economy". IMF Working Paper, 12 (286).
- Blanchard, O. ve Leigh, D. (2013). "Growth Forecast Errors and Fiscal Multipliers". IMF Working Paper, 13 (1), 2-5.
- Born, B., Juessen, F., ve Mueller, G .J., (2013). “Exchange rate regimes and fiscal multipliers,” Journal of Economic Dynamics and Control, 37 (2), 446–65.
- Cole, H.L., ve Ohanian L.E., (2004). “New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis,” Journal of Political Economy, 112 (4), 779–816.
- Corsetti, G.,Meier, A., ve Muller, G. (2012). “What Determines Government Spending Multipliers”. Economic Policy, 27 (72), 521-565.
- Çebi, C., (2017). "The Government SpendingMultiplier in Turkey", Journal of Emerging Markets Finance and Trade, 53.
- Deskar Škrbić, M., ve Šimović, H., (2015). "The size and determinants of fiscal multipliers in Western Balkans: comparing Croatia, Slovenia and Serbia", EFZG Working Paper Series, (10), 1-21.
- Dolls, M., Fuest, C., ve Peichl A., (2012). “Automatic Stabilizers and Economic Crisis: US vs. Europe,” Journal of Public Economics,96, 279–94.
- Erceg, C. J., ve Lindé, J., (2010). “Is There a Free Lunch in a Liquidity Trap?” International Finance Discussion Papers ,1003.
- Ganelli G. ve Tervala J., (2016). “The Welfare Multiplier of Public Infrastructure Investment.” IMF Working Papers, 16(40).
- Hall R.E., (2009). "By How Much Does GDP Rise If the Government Buys More Output?", Brookings Papers on Economic Activity, 40(2), 183-185.
- Hernández de Cos, P. ve Moral-Benito, E., (2013). "Fiscal Multipliers in Turbulent Times: The Case of Spain". Banco de Espana Working Paper, (1309).
- Ilzetzki, E., Mendoza, E.G. ve Vegh C.A. (2013). "How Big (Small?) Are Fiscal Multipliers?". IMF Working Paper, 11(52), 26-27.Keynes, M. J. (1936). The General Theory Of Employment, Interest and Money. London: Macmillan.
- Kirchner, M., Cimadomo, J. ve Hauptmeier, S., (2010), “Transmission of Government Spending Shocks in The Euro Area: Time Variation and Driving Forces,” ECB Working Paper Series, 1219
- McDonough, T. (2008). “Social Structures of Accumulation Theory: The State of the Art.” Review of Radical Political Economics, 40.
- Perotti, R., (2004). "Estimating the Effects of Fiscal Policy in OECD Countries". IGIER Working Paper, 276.
- Özgün, H. M., (2017). "Forecasting the Growth Cycles of the Turkish Economy" TCMB Working Papers, 17 (15)
- https://evds2.tcmb.gov.tr/
- https://www.hmb.gov.tr/kamu-finansmani-istatistikleri
- http://tuik.gov.tr/Start.do
- https://data.worldbank.org/country/turkey?locale=tr