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

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

to support the proposition in the literature that causality runs from economic growth to disaggregated public expenditure …This paper attempts to test Wagnerian and Keynesian hypotheses by examining the relationship between economic growth … for Turkey during the period 1950-2003. This study finds a unidirectional causality (except for total government …

to support the proposition in the literature that causality runs from economic growth to disaggregated public expenditure …This paper attempts to test Wagnerian and Keynesian hypotheses by examining the relationship between economic growth … for Turkey during the period 1950-2003. This study finds a unidirectional causality (except for total government …

to support the proposition in the literature that causality runs from economic growth to disaggregated public expenditure …This paper attempts to test Wagnerian and Keynesian hypotheses by examining the relationship between economic growth … for Turkey during the period 1950-2003. This study finds a unidirectional causality (except for total government …

determination of cointegration relations developed by Johansen. The results of cointegration analysis show that Turkish stock market …