This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience of Turkey during the period 1963-2005 by using cointegration and causality tests. Kaldor's first law states that manufacturing is the engine of economic growth, whereas the...

This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience of Turkey during the period 1963-2005 by using cointegration and causality tests. Kaldor's first law states that manufacturing is the engine of economic growth, whereas the...

Bu calisma Turkiye ekonomisinde 1985-2002 doneminde endustriyel buyumenin kaynaklarini belirlemeyi ve analiz etmeyi amaclamaktadir. Bu amacla, 1985-2002 doneminin tamami ile 1985-1990 ve 1990-2002 altdonemlerinde endustriyel buyu-menin kaynaklari Syrquin yapisal ayristirma modeli ile...

This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience of Turkey during the period 1963-2005 by using cointegration and causality tests. Kaldor's first law states that manufacturing is the engine of economic growth, whereas the...

Bu çalışmada gıda harcamalarının toplam gelir içindeki paylarına bakarak, bireyin ya da hane halkının reel gelirinin ya da satın alma gücünün artıp artmadığı sorusuna cevap aradık. Gıda harcamalarının bütçe içindeki payının azalmasını reel gelirin artmasının bir...

2001 krizinden sonra 2007'ye kadar Türkiye ekonomisi uzun dönem ortalamasının çok üzerinde büyüdü. Üstelik bu büyüme hızı benzer ülkelerin büyüme hızlarının da üzerinde gerçekleşti. Aynı dönemde Türkiye mali disipline dayanan bir ekonomik programı uygulamaya koydu. Bu...

The New Classical theorem asserts that (a) the individuals with rational expectations do not change their consumption levels unless the expected permanent income changes, and, (b), thusly, tax and/or debt policies are not significant on consumption decisions of the individuals, at least in the...

One of the most important problems of developing countries like Turkey is economic development. In order to continue well-balanced development, developing countries should increase their saving-deposit and use them effectively. Because, capital accumulation providing economic development can be...

The economics literature argues that once Ricardian hypothesis is valid fiscal policy do not have any real impact on macroeconomy via consumption decisions. However, it has beeen argued by many studies on fiscal dominance that there are exceptions to the validity of Ricardian Equivalence theorem...