Show/Hide Menu
Hide/Show Apps
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Open Access Guideline
Open Access Guideline
Postgraduate Thesis Guideline
Postgraduate Thesis Guideline
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Guides
Guides
Thesis submission
Thesis submission
MS without thesis term project submission
MS without thesis term project submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Supporting Information
Supporting Information
General Information
General Information
Copyright, Embargo and License
Copyright, Embargo and License
Contact us
Contact us
Endogenous growth testing in the european union and developing countries : taxation, public expenditure and growth
Download
index.pdf
Date
2003
Author
Derin, Pınar
Metadata
Show full item record
Item Usage Stats
162
views
0
downloads
Cite This
In endogenous growth models, in contrast to the neoclassical growth models, government expenditure and taxation have an effect on the long run growth rate. In this thesis I examine whether the empirical evidence support the predictions of endogenous growth models or the neoclassical growth models in relation to fiscal policy. For this purpose I use panel data for fifteen European Union (EU) member and thirty-three developing countries between the years 1970 and 1999. I specifically test the following two propositions. The first proposition states that distortionary taxation decreases growth while non-distortionary taxation does not. The second, states that productive government expenditure increases growth while non-productive expenditure does not. The empirical results are quite different between European Union countries and developing countries. The results do not support endogenous growth especially for developing countries.
Subject Keywords
Endogenous growth models
,
Neoclassical growth models
,
Public expenditure
,
Taxation
,
Panel data
,
Fixed effects
URI
http://etd.lib.metu.edu.tr/upload/1112127/index.pdf
https://hdl.handle.net/11511/14113
Collections
Graduate School of Social Sciences, Thesis
Suggestions
OpenMETU
Core
Disaggregate energy consumption, employment and income in Turkey
Sarı, Ramazan; Soytaş, Uğur (2004-05-01)
The purpose of this paper is to contribute to literature on energy consumption and economic growth relationship by examining how much of the variance in national income growth can be explained by the growth of different sources of energy consumption and employment in Turkey. We use the recently developed generalized forecast error variance decomposition technique of Koop et al. [J. Econom. 74 (1996) 119] and Pesaran and Shin [Econ. Lett. 58 (1998) 17] to determine the information content of the growth rate ...
Real Exchange Rates and Growth: Contractionary Depreciations or Appreciations?
Özmen, Erdal; YOLCU KARADAM, DUYGU (2021-01-01)
This study investigates the impact of real exchange rates (RER) on growth of a large number of advanced (AE) and developing economies (DE) estimating conventional growth models augmented with global financial conditions variables. First of all, replicating Rodrik (2008) and following studies employing panel autoregressive distributed lag (PARDL) and PARDL mean group (PARDL-MG) models, we show that the expansionary depreciation findings for DE are often based on a misinterpretation of an error correction mec...
The Role of Knowledge on Economic Growth: The Case of Turkey, 1963-2010
Utku İsmihan, Fatma M. (Science And Technology Policies Research Center, Middle East Technical University (Ankara, Turkey), 2012)
The importance of knowledge for long-run economic growth has long been an important research area for economists and policy makers. This paper attempts to analyze the impact of knowledge on economic growth in Turkey over the 1963-2010 period, by using a production function approach. In contrast to early studies, which have analyzed the impact of a single dimension of knowledge on economic growth, a knowledge index is constructed to see the impact of various dimensions of knowledge with a single and comprehe...
MILITARY EXPENDITURES, ECONOMIC GROWTH AND SPATIAL SPILLOVERS
YILDIRIM ÖCAL, JÜLİDE; Öcal, Nadir (2016-01-02)
The relationship between economic growth and military expenditure has been the subject of a large literature in defence economics. This study analyses the influence of military expenditures on economic growth in a global perspective for the time period 2000-2010 taking spatial dimension into account. The augmented Solow model is employed to investigate the defence-growth nexus using the cross-sectional data relating to 128 countries. Following a traditional regression analysis, spatial variations in the rel...
Demand following or supply leading? A panel data analysis for developed, developing, and less developed countries
Akıncı, Gönül Yüce; Akıncı, Merter; Yılmaz, Ömer (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2013-12-1)
In this paper, the linkages between financial development and economic growth in developed, developing and less developed countries are investigated using unbalanced panel cointegration and causality analysis in the period of 1980 – 2011. The results of the Pedroni cointegration analysis show the existence of cointegration relations between financial development and economic growth for whole country groups, but Kao cointegration analysis indicates the long – run relationship between the related variables fo...
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
P. Derin, “Endogenous growth testing in the european union and developing countries : taxation, public expenditure and growth,” M.S. - Master of Science, Middle East Technical University, 2003.