Öz
Literatürde ekonomik küreselleşmenin etkileri üzerine telafi hipotezi geliştirilmiştir. Bu çalışmanın amacı Avrupa Birliği üye ülkelerinde telafi hipotezinin olup olmadığını araştırmaktır. Bu nedenle ticari açıklık ve kamu büyüklüğü arasındaki nedensellik ilişkisi 1970-2011 zaman periyodunda on beş Avrupa Birliği üye ülkesi için test edilmiştir. Heterojen karma panellerdeki Meta analizine göre geliştirilen panel nedensellik testi kullanmıştır. Ampirik bulgulardan sözkonusu ülkeler için ticari açıklıktan kamu büyüklüğüne doğru bir yönlü nedensellik ilişkisi tespit edilmiştir. Böylece telafi hipotezinin geçerli olduğu ortaya çıkmıştır
Anahtar Kelimeler
Kamu Büyüklüğü Ticari Açıklık Telafi Hipotezi Seçilmiş Avrupa Ülkeleri Panel Nedensellik Testi
Kaynakça
- Abizadeh, S. (2005), “An Analysis of Government Expenditure and Trade Liberalization”, Applied Economics”, 37(16), 1881-1884.
- Alqudair, Khalid H. A. (2007), “Does Trade Openness Lead to Big Government Size?”, http://colleges.ksu.edu.sa/Papers/Papers/Does%20Trade%20Openness%20Lead%20to% 20Big%20Government%20Size.pdf
- Aydoğuş, İ. and Topçu, M. (2013) “An Investigation of Co-Integration and Causality between Trade Openness and Government Size in Turkey”, International Journal of Economics and Financial Issues , 3(2),319-323.
- Benarroch, M., Pandey, M. (2008), “Trade Openness and Government Size”, Economics Letters, 101, 157–159.
- Benarroch, M., Pandey, M. (2012). "The Relationship between Trade Openness and Government Size: Does Disaggregating Government Expenditure Matter?," Journal of Macroeconomics, Elsevier, 34(1), 239-252.
- Breusch, T. ve Pagan, A. (1980) “The Lagrange Multiplier Test and Its Application to Model Specifications in Econometrics” Reviews of Economics Studies, 47: 239-253.
- Cameron, D.R. (1978), “The Expansion of the Public Economy: A Comparative Analysis”, American Political Science Review, 72, 237–269.
- Danai, H., Abounoori, E., Ghaderi, S. (2011). “An Impact of Trade and Financial-Openness on Government Size: A Case Study for MENA”, International Conference on Business, Management on Economics, 6-8 Kasım, İzmir.
- Emirmahmutoğlu, F. And Kose, N. (2011), “Testing for Granger Causality in Heterogeneous Mixed Panels”, Economic Modelling , 28, 870–876.
- Epifani, P., Gancia, G. (2009), “Openness, Government Size and the Terms of Trade”, Review of Economic Studies, 76(2), 629-668.
- Fisher, R.A., (1932), Statistical Methods for Research Workers, 4th edition. Oliver and Boyd, Edinburgh.
- Liberati, Paolo (2013). “Government Size and Trade Openness:Some Additional Insights”, Munich Personal RePEc Archive. http://mpra.ub.unimuenchen.de/43561/1/MPRA_paper_43561.pdf
- Molana, H., Montagna, C., Violato, M. (2004), “On the Causal Relationship between TradeOpenness and Government Size: Evidence from 23 OECD Countries”, University of Dundee Discussion Paper No. 1 http://www.nottingham.ac.uk/gep/documents/conferences/2004/pg-conf2004/maraviolato-postgrad04.pdf
- Pesaran, H. (2004) “General Diagnostic Tests for Cross Section Dependence in Panels”, University of Cambridge Working Paper, 0435, http://ftp.iza.org/dp1240.pdf
- Gadea, M. D., Sabaté, M. and Sáenz E. (2009).“ Impact of Trade Openness on Public Expenditure in the long run, Spain, 1960-2000”. Department of Applied Economics, School of Economics, University of Zaragoza. http://www.researchgate.net/publication/228454297_IMPACT_OF_TRADE_OPENNE SS_ON_PUBLIC_EXPENDITURE_IN_THE_LONG_RUN._SPAIN_1960-2000 Rodrik, D. (1998), “Why Do More Open Economies Have Bigger Governments?”, Journal of Political Economy, 106, 997–1032.
- Sanz, I. and Velázquez, F.J. (2003), “Does Globalization Increase Government Size? An Analysis of the Effects of Foreign Direct Investment on Total Government Expenditures and its Components”, European Economy Group -UCM and FUNCAS, http://www.uclm.es/profesorado/obajo/imagenes2/VIII%20Jornadas/pdf/1%20Ismael% 20Sanz.PDF
- Shahbaz, M., Rehman, H. U., and Amir N. (2010). “The İmpact of Trade and Financial Openness on Government Size: A Case Study of Pakistan” , Journal of Quality and Technology Management , VI( 1) , 105 – 11.
- Zakaria, M. and Shakoor, S., (2011). “Relationship Between Government Size and Trade Openness: Evidence from Pakistan”, Transition Studies Review, 18, 328–341.
Öz
The compensation hypothesis which focuses on the effects of globalization has been studied in the literatüre. The purpose of this paper is to test whether there is an evidence of compensation hypothesis in Euro countries. Therefore we examines the causal relationship between trade openness and government size in a panel of 15 selected Euro countries from 1971 to 2011. We used panel causality test which is based on Meta analysis in heterogeneous mixed panels. Empirical results indicate one-way causality from trade openness to government size for 15 Euro countries. That is, compensation hypothesis is valid.
Anahtar Kelimeler
Government Size Trade Openness Compensation Hypothesis Euro Countries Panel Causality Test
Kaynakça
- Abizadeh, S. (2005), “An Analysis of Government Expenditure and Trade Liberalization”, Applied Economics”, 37(16), 1881-1884.
- Alqudair, Khalid H. A. (2007), “Does Trade Openness Lead to Big Government Size?”, http://colleges.ksu.edu.sa/Papers/Papers/Does%20Trade%20Openness%20Lead%20to% 20Big%20Government%20Size.pdf
- Aydoğuş, İ. and Topçu, M. (2013) “An Investigation of Co-Integration and Causality between Trade Openness and Government Size in Turkey”, International Journal of Economics and Financial Issues , 3(2),319-323.
- Benarroch, M., Pandey, M. (2008), “Trade Openness and Government Size”, Economics Letters, 101, 157–159.
- Benarroch, M., Pandey, M. (2012). "The Relationship between Trade Openness and Government Size: Does Disaggregating Government Expenditure Matter?," Journal of Macroeconomics, Elsevier, 34(1), 239-252.
- Breusch, T. ve Pagan, A. (1980) “The Lagrange Multiplier Test and Its Application to Model Specifications in Econometrics” Reviews of Economics Studies, 47: 239-253.
- Cameron, D.R. (1978), “The Expansion of the Public Economy: A Comparative Analysis”, American Political Science Review, 72, 237–269.
- Danai, H., Abounoori, E., Ghaderi, S. (2011). “An Impact of Trade and Financial-Openness on Government Size: A Case Study for MENA”, International Conference on Business, Management on Economics, 6-8 Kasım, İzmir.
- Emirmahmutoğlu, F. And Kose, N. (2011), “Testing for Granger Causality in Heterogeneous Mixed Panels”, Economic Modelling , 28, 870–876.
- Epifani, P., Gancia, G. (2009), “Openness, Government Size and the Terms of Trade”, Review of Economic Studies, 76(2), 629-668.
- Fisher, R.A., (1932), Statistical Methods for Research Workers, 4th edition. Oliver and Boyd, Edinburgh.
- Liberati, Paolo (2013). “Government Size and Trade Openness:Some Additional Insights”, Munich Personal RePEc Archive. http://mpra.ub.unimuenchen.de/43561/1/MPRA_paper_43561.pdf
- Molana, H., Montagna, C., Violato, M. (2004), “On the Causal Relationship between TradeOpenness and Government Size: Evidence from 23 OECD Countries”, University of Dundee Discussion Paper No. 1 http://www.nottingham.ac.uk/gep/documents/conferences/2004/pg-conf2004/maraviolato-postgrad04.pdf
- Pesaran, H. (2004) “General Diagnostic Tests for Cross Section Dependence in Panels”, University of Cambridge Working Paper, 0435, http://ftp.iza.org/dp1240.pdf
- Gadea, M. D., Sabaté, M. and Sáenz E. (2009).“ Impact of Trade Openness on Public Expenditure in the long run, Spain, 1960-2000”. Department of Applied Economics, School of Economics, University of Zaragoza. http://www.researchgate.net/publication/228454297_IMPACT_OF_TRADE_OPENNE SS_ON_PUBLIC_EXPENDITURE_IN_THE_LONG_RUN._SPAIN_1960-2000 Rodrik, D. (1998), “Why Do More Open Economies Have Bigger Governments?”, Journal of Political Economy, 106, 997–1032.
- Sanz, I. and Velázquez, F.J. (2003), “Does Globalization Increase Government Size? An Analysis of the Effects of Foreign Direct Investment on Total Government Expenditures and its Components”, European Economy Group -UCM and FUNCAS, http://www.uclm.es/profesorado/obajo/imagenes2/VIII%20Jornadas/pdf/1%20Ismael% 20Sanz.PDF
- Shahbaz, M., Rehman, H. U., and Amir N. (2010). “The İmpact of Trade and Financial Openness on Government Size: A Case Study of Pakistan” , Journal of Quality and Technology Management , VI( 1) , 105 – 11.
- Zakaria, M. and Shakoor, S., (2011). “Relationship Between Government Size and Trade Openness: Evidence from Pakistan”, Transition Studies Review, 18, 328–341.
Ayrıntılar
| Birincil Dil | tr;en |
|---|---|
| Bölüm | Makaleler |
| Yazarlar | |
| Yayımlanma Tarihi | 14 Ağustos 2013 |
| Yayımlandığı Sayı | Yıl 2013 Cilt: 27 Sayı: 4 |
