Is Wagner's Law Valid for Turkey in the Presence of Structural Breaks?
MALIYE DERGISI, sa.156, ss.177-198, 2009 (ESCI, TRDizin)
- Yayın Türü: Makale / Tam Makale
- Basım Tarihi: 2009
- Dergi Adı: MALIYE DERGISI
- Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), TR DİZİN (ULAKBİM)
- Sayfa Sayıları: ss.177-198
- Anahtar Kelimeler: Wagner's Law, Public Expenditure, Economic Growth, Causality, Co-integration Analysis, Multiple Structural Break
- Bursa Uludağ Üniversitesi Adresli: Evet
Özet
This paper investigates statistically the existence of a long-run relationship between public expenditure and GNP (Wagner's Law) using data for Turkey over the period 1927-2006. The study comprises five sections.