Effect of Government Expenditure on GDP in the Turkish Economy

dc.contributor.authorŞimşek, Esra
dc.contributor.authorOrhan, Mehmet
dc.contributor.authorMacit, Fatih
dc.date.accessioned2025-03-15T05:22:31Z
dc.date.available2025-03-15T05:22:31Z
dc.date.issued2017
dc.departmentBilgi Üniversitesi
dc.description.abstractThe 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.
dc.identifier.doi10.33818/ier.336791
dc.identifier.endpage76
dc.identifier.issn1308-8793
dc.identifier.issn1308-8815
dc.identifier.issue2
dc.identifier.startpage69
dc.identifier.urihttps://doi.org/10.33818/ier.336791
dc.identifier.urihttps://hdl.handle.net/11411/9491
dc.identifier.volume9
dc.language.isoen
dc.publisherEkonometrik Araştırmalar Derneği
dc.relation.ispartofInternational Econometric Review
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_DergiPark_20250404
dc.subjectLucas Critique
dc.subjectGovernment Expenditure
dc.subjectSuperexogeneity Test
dc.titleEffect of Government Expenditure on GDP in the Turkish Economy
dc.typeArticle

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