Türkiye’de Politik Kuznets Eğrisi Hipotezinin Test Edilmesi: ARDL Sınır Testi Analizinden Kanıtlar
Yıl 2021,
Cilt: 18 Sayı: 2, 17 - 25, 30.12.2021
Ali Acaravcı
,
Ergül Halisçelik
Öz
Bu çalışma, Türkiye’de Politik Kuznets Eğrisi Hipotezini geçerliliğini 1987-2017 dönemi için gecikmesi dağıtılmış otoregresif (ARDL) modeli ile araştırmaktadır. Ampirik sonuçlara göre hem kısa hem de uzun dönem için: i) Kişi başı reel gelir, gelir eşitsizliği üzerinde azaltıcı etkiye sahiptir. ii) Demokrasi ve gelir eşitsizliği arasında U-biçimli bir ilişki varlığı, Politik Kuznets Eğrisi Hipotezini geçerli olmadığını göstermektedir: Düşük seviyedeki demokrasideki iyileşmeler de gelir eşitsizliği üzerinde azaltıcı etkiye ve yüksek seviyedeki demokrasideki iyileşmeler ise olumsuz etkiye sahiptir. iii) Tüketici fiyatları endeksindeki artışlar ise gelir eşitsizliği üzerinde güçlü bir olumsuz etkiye sahiptir.
Kaynakça
- Acemoglu D, Robinson, J.A. (2000). Why Did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective, Quarterly Journal of Economics, November: 1167-1199.
- Acemoglu D, Robinson, J.A. (2002). The Political Economy of the Kuznets Curve, Review of Development Economics. 6(2): 183–203.
- Adeleye, N. (2014), The Determinants of Income Inequality and The Relationship to Crime, Yayınlanmış Yüksek Lisans Tezi, University of Sussex, United Kingdom.
- Afesorgbor, S. K., & Mahadevan, R. (2016). The Impact Of Economic Sanctions on Income Inequality of Target States. World Development, 83: 1-11.
- Akalin, G. (2018). Kurumsal Kalitenin Gelir Dağılımı Üzerindeki Etkisi: Gelişmiş ve Gelişmekte Olan Ülkeler için Ampirik Bir Analiz. Yayımlanmamış Doktora Tezi. Kütahya Dumlupınar Üniversitesi, Sosyal Bilimler Enstitüsü.
- Akalin, G., & Uzgören, E. (2019). Kurumsal Kalitenin Gelir Dağılımı Üzerindeki Etkisi: Gelişmiş ve Gelişmekte Olan Ülkeler için Ampirik Bir Analiz, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 14(1), 201-224.
- Amendola, A., Easaw, J., & Savoia, A. (2013). Inequality in Developing Economies: The Role of Institutional Development, Public Choice, 155(1-2): 43-60.
- Anyanwu, J. C., Erhijakpor, A. E., & Obi, E. (2016). Empirical Analysis of the Key Drivers of Income Inequality in West Africa, African Development Review, 28(1): 18-38.
- Apergis, N., Dincer, O. C., & Payne, J. E. (2010). The Relationship Between Corruption and Income Inequality in US States: Evidence from a Panel Cointegration and Error Correction Model, Public choice, 145(1-2): 125-135.
- Barro, R. J. (2000). Inequality and Growth in a Panel of Countries. Journal of Economic Growth, 5(1): 5-32.
- Brown R.L., Durbin J. ve Evans J.M. (1975). Techniques for Testing the Consistency of Regression Relations Over Time, Journal of the Royal Statistical Society, 37: 149-192.
- Chong, A., & Calderon, C. (2000). Institutional Quality and Income Distribution, Economic Development and Cultural Change, 48(4): 761-786.
- Chong, A. (2004). Inequality, Democracy, And Persistence: Is There a Political Kuznets Curve?, Economics & Politics, 16(2): 189-212.
- Cogneau, D., & Guénard, C. (2003). Colonization, Institutions, and Inequality: A Note on Some Suggestive Evidence (No. 107). IAI Discussion Papers.
- Hartmann, D., Guevara, M. R., Jara-Figueroa, C., Aristarán, M., & Hidalgo, C. A. (2017). Linking Economic Complexity, Institutions, and Income Inequality. World development, 93: 75-93.
- Khosroabadİ, M., Zayandehroudi, M., & Shakibaee, A. (2015). Studying the Effect of Indicators of Good Governance on Income Distribution. Cumhuriyet University Faculty of Science Journal, 36(3): 3100-3127.
- Kwiatkowski, D. , Phillips, P.C. B. , Schmidt, P. ve Shin, Y. (1992). Testing The Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That The Economic Time Series Have a Unit Root?, Journal of Econometrics, 54:159 178.
- Oloufade, D. (2012). Trade Openness, Conflict Risk and Income Inequality. Conflict Risk and Income Inequality (August 24, 2012).
- Ozturk, I. ve Acaravcı, A. (2013). The Long-run and Causal Analysis of Energy, Growth, Openness and Financial Development on Carbon Emissions in Turkey, Energy Economics, 36(1): 262-267.
- Pesaran M.H., Shin, Y. ve Smith, R.J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16: 289–326.
- Piketty, T. (2014), Capital in the Twenty-First Century, Cambridge, Massachusetts: The Belknap Press of Harvard University Press.
Politik Risk Servisi (Political Risk Services, PRS)) (2018). Politik Risk Servisi.
- Reuveny, R., & Li, Q. (2003). Economic Openness, Democracy, and Income Inequality: An Empirical Analysis, Comparative Political Studies, 36(5): 575-601.
- Solt, F. 2020. Measuring Income Inequality Across Countries and Over Time: The Standardized World Income Inequality Database, Social Science Quarterly 101(3):1183-1199. SWIID Version 9.0.
- United Nations. (2019). News on Millennium Development Goals. https://www.un.org/millenniumgoals/ (Erişim Tarihi: 5.12.2020).
- United Nations. (2020). About the Sustainable Development Goals. https://www.un.org/sustainabledevelopment/sustainable-development-goals/ (Erişim Tarihi: 5.12.2020).
- Wagle, U. R. (2009). Inclusive Democracy and Economic Inequality in South Asia: Any Discernible Link?, Review of Social Economy, 67(3): 329-357.
- World Bank (2015). “World Development Indicators” https://databank.worldbank.org/source/world-development-indicators (Erişim Tarihi: 19.12.2020).
Testing of the Political Kuznets Curve Hypothesis in Turkey: Evidence from ARDL Bounds Testing Analysis
Yıl 2021,
Cilt: 18 Sayı: 2, 17 - 25, 30.12.2021
Ali Acaravcı
,
Ergül Halisçelik
Öz
This study explores the validity of the Political Kuznets Curve Hypothesis in Turkey for the period 1987-2017 by using the autoregressive distributed lag (ARDL) bounds test approach to cointegration. According to empirical results for both short-run and long-run: i) Per capita income has a reducing effect on income inequality. ii) There is a U-shaped relationship between democracy and income inequality that is implied that the Political Kuznets Curve hypothesis is not valid: An improving at the low level of democracy has also reducing effect and the high level of democracy has an increasing effect on income inequality. iii) Finally, a rising the consumer price index has a strong negative effect on income inequality.
Kaynakça
- Acemoglu D, Robinson, J.A. (2000). Why Did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective, Quarterly Journal of Economics, November: 1167-1199.
- Acemoglu D, Robinson, J.A. (2002). The Political Economy of the Kuznets Curve, Review of Development Economics. 6(2): 183–203.
- Adeleye, N. (2014), The Determinants of Income Inequality and The Relationship to Crime, Yayınlanmış Yüksek Lisans Tezi, University of Sussex, United Kingdom.
- Afesorgbor, S. K., & Mahadevan, R. (2016). The Impact Of Economic Sanctions on Income Inequality of Target States. World Development, 83: 1-11.
- Akalin, G. (2018). Kurumsal Kalitenin Gelir Dağılımı Üzerindeki Etkisi: Gelişmiş ve Gelişmekte Olan Ülkeler için Ampirik Bir Analiz. Yayımlanmamış Doktora Tezi. Kütahya Dumlupınar Üniversitesi, Sosyal Bilimler Enstitüsü.
- Akalin, G., & Uzgören, E. (2019). Kurumsal Kalitenin Gelir Dağılımı Üzerindeki Etkisi: Gelişmiş ve Gelişmekte Olan Ülkeler için Ampirik Bir Analiz, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 14(1), 201-224.
- Amendola, A., Easaw, J., & Savoia, A. (2013). Inequality in Developing Economies: The Role of Institutional Development, Public Choice, 155(1-2): 43-60.
- Anyanwu, J. C., Erhijakpor, A. E., & Obi, E. (2016). Empirical Analysis of the Key Drivers of Income Inequality in West Africa, African Development Review, 28(1): 18-38.
- Apergis, N., Dincer, O. C., & Payne, J. E. (2010). The Relationship Between Corruption and Income Inequality in US States: Evidence from a Panel Cointegration and Error Correction Model, Public choice, 145(1-2): 125-135.
- Barro, R. J. (2000). Inequality and Growth in a Panel of Countries. Journal of Economic Growth, 5(1): 5-32.
- Brown R.L., Durbin J. ve Evans J.M. (1975). Techniques for Testing the Consistency of Regression Relations Over Time, Journal of the Royal Statistical Society, 37: 149-192.
- Chong, A., & Calderon, C. (2000). Institutional Quality and Income Distribution, Economic Development and Cultural Change, 48(4): 761-786.
- Chong, A. (2004). Inequality, Democracy, And Persistence: Is There a Political Kuznets Curve?, Economics & Politics, 16(2): 189-212.
- Cogneau, D., & Guénard, C. (2003). Colonization, Institutions, and Inequality: A Note on Some Suggestive Evidence (No. 107). IAI Discussion Papers.
- Hartmann, D., Guevara, M. R., Jara-Figueroa, C., Aristarán, M., & Hidalgo, C. A. (2017). Linking Economic Complexity, Institutions, and Income Inequality. World development, 93: 75-93.
- Khosroabadİ, M., Zayandehroudi, M., & Shakibaee, A. (2015). Studying the Effect of Indicators of Good Governance on Income Distribution. Cumhuriyet University Faculty of Science Journal, 36(3): 3100-3127.
- Kwiatkowski, D. , Phillips, P.C. B. , Schmidt, P. ve Shin, Y. (1992). Testing The Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That The Economic Time Series Have a Unit Root?, Journal of Econometrics, 54:159 178.
- Oloufade, D. (2012). Trade Openness, Conflict Risk and Income Inequality. Conflict Risk and Income Inequality (August 24, 2012).
- Ozturk, I. ve Acaravcı, A. (2013). The Long-run and Causal Analysis of Energy, Growth, Openness and Financial Development on Carbon Emissions in Turkey, Energy Economics, 36(1): 262-267.
- Pesaran M.H., Shin, Y. ve Smith, R.J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16: 289–326.
- Piketty, T. (2014), Capital in the Twenty-First Century, Cambridge, Massachusetts: The Belknap Press of Harvard University Press.
Politik Risk Servisi (Political Risk Services, PRS)) (2018). Politik Risk Servisi.
- Reuveny, R., & Li, Q. (2003). Economic Openness, Democracy, and Income Inequality: An Empirical Analysis, Comparative Political Studies, 36(5): 575-601.
- Solt, F. 2020. Measuring Income Inequality Across Countries and Over Time: The Standardized World Income Inequality Database, Social Science Quarterly 101(3):1183-1199. SWIID Version 9.0.
- United Nations. (2019). News on Millennium Development Goals. https://www.un.org/millenniumgoals/ (Erişim Tarihi: 5.12.2020).
- United Nations. (2020). About the Sustainable Development Goals. https://www.un.org/sustainabledevelopment/sustainable-development-goals/ (Erişim Tarihi: 5.12.2020).
- Wagle, U. R. (2009). Inclusive Democracy and Economic Inequality in South Asia: Any Discernible Link?, Review of Social Economy, 67(3): 329-357.
- World Bank (2015). “World Development Indicators” https://databank.worldbank.org/source/world-development-indicators (Erişim Tarihi: 19.12.2020).