Cilt 9, Sayı 2, Sayfalar 69 - 76

Effect of Government Expenditure on GDP in the Turkish Economy

esra şimşek [1] , Mehmet Orhan [2] , Fatih Macit [3]

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The objective of this article is to investigate the effect of government expenditure on GDP in Turkey from 2000Q1-2015Q4 by the superexogeneity test. As a consequence of satisfying both conditions of weak exogeneity and structural invariance, government expenditure is  superexogenous to GDP which implies that the policy regime shift for the period of the Global Financial Crisis in Turkey did not cause structural variance in government expenditure. Indeed, the Lucas Critique which indicates that policy regime shifts cause structural breaks, appears to be refuted.

Lucas Critique,Government Expenditure,Superexogeneity Test
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Konular Sosyal Bilimler (Genel)
Dergi Bölümü Makaleler
Yazarlar

Yazar: esra şimşek
E-posta: esraqsimsek@gmail.com
Kurum: Istanbul Bilgi University
Ülke: Turkey


Yazar: Mehmet Orhan
E-posta: mehmet.orhan@ibu.edu.ba
Kurum: International Burch University
Ülke: Bosnia and Herzegovina


Yazar: Fatih Macit
E-posta: fmacit55@gmail.com
Kurum: Northeast Normal University
Ülke: China


Bibtex @araştırma makalesi { ier336791, journal = {International Econometric Review}, issn = {1308-8793}, address = {Ekonometrik Araştırmalar Derneği}, year = {}, volume = {9}, pages = {69 - 76}, doi = {}, title = {Effect of Government Expenditure on GDP in the Turkish Economy}, language = {en}, key = {cite}, author = {şimşek, esra and Orhan, Mehmet and Macit, Fatih} }
APA şimşek, e , Orhan, M , Macit, F . (). Effect of Government Expenditure on GDP in the Turkish Economy. International Econometric Review, 9 (2), 69-76. Retrieved from http://dergipark.gov.tr/ier/issue/31325/336791
MLA şimşek, e , Orhan, M , Macit, F . "Effect of Government Expenditure on GDP in the Turkish Economy". International Econometric Review 9 (): 69-76 <http://dergipark.gov.tr/ier/issue/31325/336791>
Chicago şimşek, e , Orhan, M , Macit, F . "Effect of Government Expenditure on GDP in the Turkish Economy". International Econometric Review 9 (): 69-76
RIS TY - JOUR T1 - Effect of Government Expenditure on GDP in the Turkish Economy AU - esra şimşek , Mehmet Orhan , Fatih Macit Y1 - 2017 PY - 2017 N1 - DO - T2 - International Econometric Review JF - Journal JO - JOR SP - 69 EP - 76 VL - 9 IS - 2 SN - 1308-8793-1308-8815 M3 - UR - Y2 - 2017 ER -
EndNote %0 International Econometric Review Effect of Government Expenditure on GDP in the Turkish Economy %A esra şimşek , Mehmet Orhan , Fatih Macit %T Effect of Government Expenditure on GDP in the Turkish Economy %D 2017 %J International Econometric Review %P 1308-8793-1308-8815 %V 9 %N 2 %R %U