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...

This paper attempts to test Wagnerian and Keynesian hypotheses by examining the relationship between economic growth and total government expenditure as well as its various components, such as current, investment, and transfer expenditures for Turkey during the period 1950-2003. This study finds...

This paper attempts to test Wagnerian and Keynesian hypotheses by examining the relationship between economic growth and total government expenditure as well as its various components, such as current, investment, and transfer expenditures for Turkey during the period 1950-2003. This study finds...

This paper attempts to test Wagnerian and Keynesian hypotheses by examining the relationship between economic growth and total government expenditure as well as its various components, such as current, investment, and transfer expenditures for Turkey during the period 1950-2003. This study finds...

Doğrusal olmayan yapıdaki iktisadi değişkenler uzun yıllar doğrusal modeller araçları ile analiz edilmiş bu nedenle de gerçek hayatı açıklamada yetersiz kalmıştır. Son dönemde yapılan çalışmalar sonucunda doğrusal olmayan zaman serileri analizlerinin özellikle makro...

Nonlinear economic variables have been tested for many years with linear models, thus making them insufficient in providing an explanation for real life. As a result of the recently conducted studies, nonlinear time series analyses are observed to be more successful in forming especially the...