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Makroekonomik Değişkenlerin Kamu Harcamaları Üzerindeki Etkisi: Wagner Yasası Geçerliği

Yıl 2023, Cilt: 38 Sayı: 2, 430 - 447, 05.06.2023
https://doi.org/10.24988/ije.1172275

Öz

Bu çalışmanın amacı makro değişkenlerin kamu harcamaları üzerindeki etkisinin olup olmadığını araştırmaktır. Bu bağlamda 2006-2020 dönemine ilişkin 11 AB üyesi olan OECD ülkesi seçilerek kamu harcamalarıyla makro değişkenler arasında ilişkinin olup olmadığı belirlenmeye çalışılmıştır. Wagner Yasası’nın geçerliğini; yani ekonomik büyümeden kamu harcamalarına doğru ilişkinin belirlenmesinde Panel Nedensellik test yöntemi kullanılmıştır. Bazı ön koşullar sağlandıktan sonra yapılan Panel Nedensellik test sonuçlarına göre, kamu harcamalarıyla ekonomik büyüme arasında tek yönlü bir ilişkinin olduğu gözlemlenmiştir (Keynesyen hipotezi geçerlidir). Diğer taraftan kamu harcamaları ile enflasyon oranı arasında çift yönlü nedensellik ilişkinin olduğu görülmüştür. Araştırmadan elde edilen son sonuç ise, enflasyon oranı ile iktisadı büyüme arasında karşılıklı nedensellik ilişkisinin olduğudur.

Kaynakça

  • Abizadeh, S. ve Yousefi, M. (1988). An Empirical Re-Examination Of Wagner's Law. Economics Letters, 26(2), 169-173.
  • Ağayev, S. (2012). Kamu harcamaları ve ekonomik büyüme ilişkisi: eski Sovyetler birliği ülkelerinde Wagner yasası analizi (1995-2009). Eskişehir Osmangazi Üniversitesi İktisadi ve İsdari Bilimler Dergisi, 7(2).
  • Ahsan, S. M. Kwan, A. C. ve Sahni, B. S. (1996). Cointegration And Wagner's Hypothesis: Time Series Evidence For Canada. Applied Economics, 28(8), 1055-1058.
  • Ayad, H. (2020). Government Expenditure and Economic Growth Nexus in Mena Countries: Frequency Domain Spectral Causality Analysis. Economics and Business, 34(1), 60-77.
  • Ansari, M. I. Gordon, D. V. ve Akuamoah, C. (1997). Keynes versus Wagner: public expenditure and national income for three African countries. Applied Economics, 29(4), 543-550.
  • Afxentiou, P. C. ve Serletis, A. (1991). A Time-Series Analysis Of The Relationship Between Government Expenditure And Gdp İn Canada. Public Finance Quarterly, 19(3), 316-333.
  • Ashworth, J. (1994). Spurious İn Mexico: A Comment On Wagner's Law. Public Finance= Finances Publiques, 49(2), 282-286.
  • Akitoby, B. Clements, B. Gupta, S. ve Inchauste, G. (2006). Public spending, voracity, and Wagner's law in developing countries. European Journal of Political Economy, 22(4), 908-924.
  • Afonso, A. ve Furceri, D. (2010). Government Size, Composition, Volatility And Economic Growth. European Journal Of Political Economy, 26(4), 517-532.
  • Bagdigen, M. ve Cetintas, H. (2004). Causality between public expenditure and economic growth: The Turkish case. Journal of Economic and Social research, 6(1), 53-72.
  • Belke, M. ve Demir, H. İ. (2019). The Relationship Between Public Expenditures and Economic Growth in BRICS–MINT Countries: The Period of 1990-2017 BRICS–MINT Ülkelerinde Kamu Harcamaları ve Ekonomik Büyüme İlişkisi: 1990–2017 Dönemi. ICONSR 2019, 20.
  • Breitung, J. ve Das, S. (2005). Panel unit root tests under cross‐sectional dependence. Statistica Neerlandica, 59(4), 414-433.
  • Breusch, T. S. ve Pagan, A. R. (1980). The Lagrange multiplier test and its applications to model specification in econometrics. The review of economic studies, 47(1), 239-253.
  • Bayrak, M. ve Esen, Ö. (2014). Examining the Validity of Wagner's Law in the OECD Economies. Research in Applied Economics, 6(3), 1.
  • Bairam, E. I. (1992). Varıable Elastıcıty And Wagner Law. Publıc Fınance-Fınances Publıques, 47(3), 491-495.
  • Bayraktar, N. ve Moreno‐Dodson, B. (2015). How Can Public Spending Help You Grow? An Empirical Analysis For Developing Countries. Bulletin Of Economic Research, 67(1), 30-64.
  • Brückner, M. Chong, A. ve Gradstein, M. (2012). Estimating The Permanent İncome Elasticity Of Government Expenditures: Evidence On Wagner's Law Based On Oil Price Shocks. Journal Of Public Economics, 96(11-12), 1025-1035.
  • Creedy, J. Li. S. M. ve Moslehi, S. (2011). The Composition Of Government Expenditure: Economic Conditions And Preferences. Economic Inquiry, 49(1), 94-107.
  • Chang, T. (2002). An econometric test of Wagner's law for six countries based on cointegration and error-correction modelling techniques. Applied economics, 34(9), 1157-1169.
  • Dogan, E. ve Tang, T. C. (2006). Government Expenditure And National İncome: Causality Tests For Five South East Asian Countries. International Business & Economics Research Journal (Iber), 5(10).
  • Diamond, J. (1977). Wagner’s ‘Law’and The Developing Countries. The Developing Economies, 15(1), 37-59.
  • Dumitrescu, E. I. ve Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic modelling, 29(4), 1450-1460.
  • Demez, S. (2021). Validity of Wagner’s Law in EU Member Transition Economies: Panel Causality Analysis. Journal of Economic Policy Researches, 8(2), 199-210.
  • Güder, F., Yücekaya, P. ve Şenyurt, A. (2016). Kamu harcamaları ile ekonomik büyüme ilişkisi: Türkiye için Keynesyen görüş mü? Wagner kanunu mu geçerli?(2006-2015 dönemi). Çanakkale Onsekiz Mart Üniversitesi Uluslararası Sosyal Bilimler Dergisi, 1(1), 47-60.
  • Gokmenoglu, K. ve Alptekın, V. (2013). Re-Examınatıon Of Wagner's Law For Oecd Countrıes. Annals Of'constantin Brancusi'university Of Targu-Jiu. Economy Series, (1).
  • Goffman, I. J. ve Mahar, D. J. (1971). The growth of public expenditures in selected developing nations: six Caribbean countries 1940-65. Public Finance= Finances Publiques, 26(1), 57-74.
  • Gacener, A. (2005). Türkiye Açısından Wagner Kanunu’nun Geçerliliğinin Analizi. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, 20(1), 103-122.
  • Ganti, S. ve Kolluri, B. R. (1979). Law Of Public Expenditures: Some Efficient Results For The United States. Nld, 34(2), 225-231.
  • Gyles, A. F. (1991). A Time-Domain Transfer Function Model Of Wagner's Law: The Case Of The United Kingdom Economy. Applied Economics, 23(2), 327-330.
  • Henrekson, M. (1993). Wagner's Law-A Spurious Relationship?. Public Finance, 46(3).
  • Hondroyiannis, G. ve Papapetrou, E. (1995). An Examination Of Wagner's Law For Greece: A Cointegration Analysis. Public Finance= Finances Publiques, 50(1), 67-79.
  • Islam, A. M. (2001). Wagner's law revisited: cointegration and exogeneity tests for the USA. Applied Economics Letters, 8(8), 509-515.
  • Krzyzaniak, M. (1974). Government Expenditures, The Revenue Constraint, And Wagner's Law. Growth And Change, 5(2), 13-19.
  • Kumar, S., Webber, D. J. ve Fargher, S. (2012). Wagner's Law revisited: cointegration and causality tests for New Zealand. Applied Economics, 44(5), 607-616.
  • Karaş, E. (2020). Wagner Kanunu’nun BRICS Ülkeleri ve Türkiye Bazında Geçerliliğinin Sınanması. Maliye Dergisi, Ocak-Haziran, 178, 199-223.
  • Karabulut, Ş. (2020). Wagner ve Keynes Hipotezinin Geçerliliği: Türkiye Örneği. Süleyman Demirel Üniversitesi Vizyoner Dergisi, 11(Ek), 150-168.
  • Kolluri, B. R. Panik, M. J ve Wahab, M. (2000) Government Expenditure And Economic Growth: Evidence From G7 Countries, Applied Economics, 32, 1059–68.
  • Lamartina, S. ve Zaghini, A. (2011). Increasing Public Expenditure: Wagner’s Law İn Oecd Countries. German Economic Review, 12(2), 149-164.
  • Lopez, R. ve Miller, S. (2007). The Structure Of Public Expenditure: A Robust Predictor Of Economic Development. University Of Maryland At College Park Working Paper. A Thorough Cross-Country Analysis Of The İmpact Of The Share Of Government Expenditures İn Public Goods On Economic Growth.
  • Lamartina, S. ve Zaghini, A. (2011). Increasing public expenditure: Wagner’s law in OECD countries. German Economic Review, 12(2), 149-164.
  • Lin, C. A. (1995). More Evidence On Wagner's Law For Mexico. Public Finance= Finances Publiques, 50(2), 267-277.
  • Magazzino, C. Giolli, L. ve Marco, M. E. L. E. (2015). Wagner’s Law and Peacock and Wiseman’s displacement effect in European Union countries: A panel data study. International journal of economics and financial issues, 5(3), 812-819.
  • Mann, A. J. (1980). Wagner's law: An econometric test for Mexico, 1925-1976. National Tax Journal, 33(2), 189-201.
  • Magazzino, C. (2011). Disaggregated Public Spending, Gdp And Money Supply: Evidence For Italy. Magazzino, C.,(2011), Disaggregated Public Spending, Gdp And Money Supply: Evidence For Italy, European Journal Of Economics, Finance And Administrative Sciences, 41, 118-131.
  • Miyakoshi, T., Kono, T. ve Terasawa, K. (2010). Optimal Adjustment Of The Composition Of Public Expenditure İn Developing Countries. Pacific Economic Review, 15(5), 577-595.
  • Martins, S. ve Veiga, F. J. (2014). Government Size, Composition Of Public Expenditure, And Economic Development. International Tax And Public Finance, 21(4), 578-597.
  • Nihat, I. Ş. I. K. (2005). Kamu harcamaları ve büyüme arasındaki ilişki. Erciyes Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, (24), 63-75.
  • Nagarajan, P. ve Spears, A. (1990). An Econometric Test Of Wagner's Law For Mexico: A Re-Examination. Public Finance= Finances Publiques, 45(1), 165-168.
  • Paternostro, S. Rajaram, A. ve Tiongson, E. R. (2007). How Does The Composition Of Public Spending Matter?. Oxford Development Studies, 35(1), 47-82.
  • Pevcin, P. (2004). Economic Output And The Optimal Size Of Government. Economic And Business Review For Central And South-Eastern Europe, 6(3), 213.
  • Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross‐section dependence. Journal of applied econometrics, 22(2), 265-312.
  • Pesaran, M. H. ve Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of econometrics, 142(1), 50-93.
  • Pesaran, M. H. 2004. General diagnostic tests for cross section dependence in panels. University of Cambridge, Faculty of Economics, Cambridge Working Papers in Economics No. 0435.
  • Pehlivan, C. Ayşegül, H. A. N. ve Konat, G. (2021). Empirical Analysis of Public Expenditure-Growth Relationship in OECD Countries: Testing the Wagner Law. Uluslararası Politik Araştırmalar Dergisi, 7(2), 87-109.
  • Pluta, J. E. (1979). Wagner's Law, Public Sector Patterns, And Growth Of Public Enterprises İn Taiwan. Public Finance Quarterly, 7(1), 25-46.
  • Payne, J. E. ve Ewing, B. T. (1996). International evidence on Wagner's hypothesis: A cointegration analysis. Public Finance= Finances publiques, 51(2), 258-274.
  • Palamalai, S. (2014). Causality between public expenditure and economic growth: The Indian case. Srinivasan, P.(2013),“Causality between Public Expenditure and Economic Growth: The Indian Case”, International Journal of Economics and Management, 7(2), 335-347.
  • Richter, C. ve Paparos, D. (2012). The Validity Of Wagner’s Law İn The United Kingdom For The Period 1850-2010.
  • Ram, R. (1992). Use Of Box-Cox Models For Testıng Wagner Hypothesıs-A Crıtıcal Note. Publıc Fınance-Fınances Publıques, 47(3), 496-504.
  • Singh, B. ve Sahni, B. S. (1984). Causality Between Public Expenditure And National İncome. The Review Of Economics And Statistics, 630-644.
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  • Shelton, C. A. (2007). The Size And Composition Of Government Expenditure. Journal Of Public Economics, 91(11-12), 2230-2260.
  • Simoes, M. C. (2011). Education Composition And Growth: A Pooled Mean Group Analysis Of Oecd Countries. Panoeconomicus, 58(4), 455-471.
  • Sanchez-Juarez, I., García, R. ve Barajas, H. (2016). The Relationship Between Total Production And Public Spending İn Mexico: Keynes Versus Wagner. International Journal of Financial Research, 7(1), 109-120.
  • Samudram, M., Nair, M. ve Vaithilingam, S. (2009). Keynes and Wagner on government expenditures and economic development: the case of a developing economy. Empirical Economics, 36(3), 697-712.
  • Şanlısoy, S. ve Sunal, O. (2016). Kamu Harcamaları-Ekonomik Büyüme İlişkisi: Türkiye Örneği. Gümüshane University Electronic Journal of the Institute of Social Science/Gümüshane Üniversitesi Sosyal Bilimler Enstitüsü Elektronik Dergisi, 7(17).
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The Impact of Macroeconomic Variables on Public Expenditure: Validity of Wagner’s Law

Yıl 2023, Cilt: 38 Sayı: 2, 430 - 447, 05.06.2023
https://doi.org/10.24988/ije.1172275

Öz

The aim of this study is to investigate whether macro variables have an effect on public expenditures. In this context, 11 EU member OECD countries were selected for the period 2006-2020 and it was tried to determine whether there is a relationship between public expenditures and macro variables. the validity of Wagner's Law; in other words, Panel Causality test method was used to determine the relationship between economic growth and public expenditures. According to the Panel Causality test results, which were made after some preconditions were met, it was observed that there is a one-way relationship between public expenditures and economic growth ( Keynesian hypothesis is valid). On the other hand, it has been observed that there is a bidirectional causal relationship between public expenditures and the inflation rate. The recent result obtained from the research is that there is a mutual causal relationship between the inflation rate and economic growth.

Kaynakça

  • Abizadeh, S. ve Yousefi, M. (1988). An Empirical Re-Examination Of Wagner's Law. Economics Letters, 26(2), 169-173.
  • Ağayev, S. (2012). Kamu harcamaları ve ekonomik büyüme ilişkisi: eski Sovyetler birliği ülkelerinde Wagner yasası analizi (1995-2009). Eskişehir Osmangazi Üniversitesi İktisadi ve İsdari Bilimler Dergisi, 7(2).
  • Ahsan, S. M. Kwan, A. C. ve Sahni, B. S. (1996). Cointegration And Wagner's Hypothesis: Time Series Evidence For Canada. Applied Economics, 28(8), 1055-1058.
  • Ayad, H. (2020). Government Expenditure and Economic Growth Nexus in Mena Countries: Frequency Domain Spectral Causality Analysis. Economics and Business, 34(1), 60-77.
  • Ansari, M. I. Gordon, D. V. ve Akuamoah, C. (1997). Keynes versus Wagner: public expenditure and national income for three African countries. Applied Economics, 29(4), 543-550.
  • Afxentiou, P. C. ve Serletis, A. (1991). A Time-Series Analysis Of The Relationship Between Government Expenditure And Gdp İn Canada. Public Finance Quarterly, 19(3), 316-333.
  • Ashworth, J. (1994). Spurious İn Mexico: A Comment On Wagner's Law. Public Finance= Finances Publiques, 49(2), 282-286.
  • Akitoby, B. Clements, B. Gupta, S. ve Inchauste, G. (2006). Public spending, voracity, and Wagner's law in developing countries. European Journal of Political Economy, 22(4), 908-924.
  • Afonso, A. ve Furceri, D. (2010). Government Size, Composition, Volatility And Economic Growth. European Journal Of Political Economy, 26(4), 517-532.
  • Bagdigen, M. ve Cetintas, H. (2004). Causality between public expenditure and economic growth: The Turkish case. Journal of Economic and Social research, 6(1), 53-72.
  • Belke, M. ve Demir, H. İ. (2019). The Relationship Between Public Expenditures and Economic Growth in BRICS–MINT Countries: The Period of 1990-2017 BRICS–MINT Ülkelerinde Kamu Harcamaları ve Ekonomik Büyüme İlişkisi: 1990–2017 Dönemi. ICONSR 2019, 20.
  • Breitung, J. ve Das, S. (2005). Panel unit root tests under cross‐sectional dependence. Statistica Neerlandica, 59(4), 414-433.
  • Breusch, T. S. ve Pagan, A. R. (1980). The Lagrange multiplier test and its applications to model specification in econometrics. The review of economic studies, 47(1), 239-253.
  • Bayrak, M. ve Esen, Ö. (2014). Examining the Validity of Wagner's Law in the OECD Economies. Research in Applied Economics, 6(3), 1.
  • Bairam, E. I. (1992). Varıable Elastıcıty And Wagner Law. Publıc Fınance-Fınances Publıques, 47(3), 491-495.
  • Bayraktar, N. ve Moreno‐Dodson, B. (2015). How Can Public Spending Help You Grow? An Empirical Analysis For Developing Countries. Bulletin Of Economic Research, 67(1), 30-64.
  • Brückner, M. Chong, A. ve Gradstein, M. (2012). Estimating The Permanent İncome Elasticity Of Government Expenditures: Evidence On Wagner's Law Based On Oil Price Shocks. Journal Of Public Economics, 96(11-12), 1025-1035.
  • Creedy, J. Li. S. M. ve Moslehi, S. (2011). The Composition Of Government Expenditure: Economic Conditions And Preferences. Economic Inquiry, 49(1), 94-107.
  • Chang, T. (2002). An econometric test of Wagner's law for six countries based on cointegration and error-correction modelling techniques. Applied economics, 34(9), 1157-1169.
  • Dogan, E. ve Tang, T. C. (2006). Government Expenditure And National İncome: Causality Tests For Five South East Asian Countries. International Business & Economics Research Journal (Iber), 5(10).
  • Diamond, J. (1977). Wagner’s ‘Law’and The Developing Countries. The Developing Economies, 15(1), 37-59.
  • Dumitrescu, E. I. ve Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic modelling, 29(4), 1450-1460.
  • Demez, S. (2021). Validity of Wagner’s Law in EU Member Transition Economies: Panel Causality Analysis. Journal of Economic Policy Researches, 8(2), 199-210.
  • Güder, F., Yücekaya, P. ve Şenyurt, A. (2016). Kamu harcamaları ile ekonomik büyüme ilişkisi: Türkiye için Keynesyen görüş mü? Wagner kanunu mu geçerli?(2006-2015 dönemi). Çanakkale Onsekiz Mart Üniversitesi Uluslararası Sosyal Bilimler Dergisi, 1(1), 47-60.
  • Gokmenoglu, K. ve Alptekın, V. (2013). Re-Examınatıon Of Wagner's Law For Oecd Countrıes. Annals Of'constantin Brancusi'university Of Targu-Jiu. Economy Series, (1).
  • Goffman, I. J. ve Mahar, D. J. (1971). The growth of public expenditures in selected developing nations: six Caribbean countries 1940-65. Public Finance= Finances Publiques, 26(1), 57-74.
  • Gacener, A. (2005). Türkiye Açısından Wagner Kanunu’nun Geçerliliğinin Analizi. Dokuz Eylül Üniversitesi İktisadi İdari Bilimler Fakültesi Dergisi, 20(1), 103-122.
  • Ganti, S. ve Kolluri, B. R. (1979). Law Of Public Expenditures: Some Efficient Results For The United States. Nld, 34(2), 225-231.
  • Gyles, A. F. (1991). A Time-Domain Transfer Function Model Of Wagner's Law: The Case Of The United Kingdom Economy. Applied Economics, 23(2), 327-330.
  • Henrekson, M. (1993). Wagner's Law-A Spurious Relationship?. Public Finance, 46(3).
  • Hondroyiannis, G. ve Papapetrou, E. (1995). An Examination Of Wagner's Law For Greece: A Cointegration Analysis. Public Finance= Finances Publiques, 50(1), 67-79.
  • Islam, A. M. (2001). Wagner's law revisited: cointegration and exogeneity tests for the USA. Applied Economics Letters, 8(8), 509-515.
  • Krzyzaniak, M. (1974). Government Expenditures, The Revenue Constraint, And Wagner's Law. Growth And Change, 5(2), 13-19.
  • Kumar, S., Webber, D. J. ve Fargher, S. (2012). Wagner's Law revisited: cointegration and causality tests for New Zealand. Applied Economics, 44(5), 607-616.
  • Karaş, E. (2020). Wagner Kanunu’nun BRICS Ülkeleri ve Türkiye Bazında Geçerliliğinin Sınanması. Maliye Dergisi, Ocak-Haziran, 178, 199-223.
  • Karabulut, Ş. (2020). Wagner ve Keynes Hipotezinin Geçerliliği: Türkiye Örneği. Süleyman Demirel Üniversitesi Vizyoner Dergisi, 11(Ek), 150-168.
  • Kolluri, B. R. Panik, M. J ve Wahab, M. (2000) Government Expenditure And Economic Growth: Evidence From G7 Countries, Applied Economics, 32, 1059–68.
  • Lamartina, S. ve Zaghini, A. (2011). Increasing Public Expenditure: Wagner’s Law İn Oecd Countries. German Economic Review, 12(2), 149-164.
  • Lopez, R. ve Miller, S. (2007). The Structure Of Public Expenditure: A Robust Predictor Of Economic Development. University Of Maryland At College Park Working Paper. A Thorough Cross-Country Analysis Of The İmpact Of The Share Of Government Expenditures İn Public Goods On Economic Growth.
  • Lamartina, S. ve Zaghini, A. (2011). Increasing public expenditure: Wagner’s law in OECD countries. German Economic Review, 12(2), 149-164.
  • Lin, C. A. (1995). More Evidence On Wagner's Law For Mexico. Public Finance= Finances Publiques, 50(2), 267-277.
  • Magazzino, C. Giolli, L. ve Marco, M. E. L. E. (2015). Wagner’s Law and Peacock and Wiseman’s displacement effect in European Union countries: A panel data study. International journal of economics and financial issues, 5(3), 812-819.
  • Mann, A. J. (1980). Wagner's law: An econometric test for Mexico, 1925-1976. National Tax Journal, 33(2), 189-201.
  • Magazzino, C. (2011). Disaggregated Public Spending, Gdp And Money Supply: Evidence For Italy. Magazzino, C.,(2011), Disaggregated Public Spending, Gdp And Money Supply: Evidence For Italy, European Journal Of Economics, Finance And Administrative Sciences, 41, 118-131.
  • Miyakoshi, T., Kono, T. ve Terasawa, K. (2010). Optimal Adjustment Of The Composition Of Public Expenditure İn Developing Countries. Pacific Economic Review, 15(5), 577-595.
  • Martins, S. ve Veiga, F. J. (2014). Government Size, Composition Of Public Expenditure, And Economic Development. International Tax And Public Finance, 21(4), 578-597.
  • Nihat, I. Ş. I. K. (2005). Kamu harcamaları ve büyüme arasındaki ilişki. Erciyes Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, (24), 63-75.
  • Nagarajan, P. ve Spears, A. (1990). An Econometric Test Of Wagner's Law For Mexico: A Re-Examination. Public Finance= Finances Publiques, 45(1), 165-168.
  • Paternostro, S. Rajaram, A. ve Tiongson, E. R. (2007). How Does The Composition Of Public Spending Matter?. Oxford Development Studies, 35(1), 47-82.
  • Pevcin, P. (2004). Economic Output And The Optimal Size Of Government. Economic And Business Review For Central And South-Eastern Europe, 6(3), 213.
  • Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross‐section dependence. Journal of applied econometrics, 22(2), 265-312.
  • Pesaran, M. H. ve Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of econometrics, 142(1), 50-93.
  • Pesaran, M. H. 2004. General diagnostic tests for cross section dependence in panels. University of Cambridge, Faculty of Economics, Cambridge Working Papers in Economics No. 0435.
  • Pehlivan, C. Ayşegül, H. A. N. ve Konat, G. (2021). Empirical Analysis of Public Expenditure-Growth Relationship in OECD Countries: Testing the Wagner Law. Uluslararası Politik Araştırmalar Dergisi, 7(2), 87-109.
  • Pluta, J. E. (1979). Wagner's Law, Public Sector Patterns, And Growth Of Public Enterprises İn Taiwan. Public Finance Quarterly, 7(1), 25-46.
  • Payne, J. E. ve Ewing, B. T. (1996). International evidence on Wagner's hypothesis: A cointegration analysis. Public Finance= Finances publiques, 51(2), 258-274.
  • Palamalai, S. (2014). Causality between public expenditure and economic growth: The Indian case. Srinivasan, P.(2013),“Causality between Public Expenditure and Economic Growth: The Indian Case”, International Journal of Economics and Management, 7(2), 335-347.
  • Richter, C. ve Paparos, D. (2012). The Validity Of Wagner’s Law İn The United Kingdom For The Period 1850-2010.
  • Ram, R. (1992). Use Of Box-Cox Models For Testıng Wagner Hypothesıs-A Crıtıcal Note. Publıc Fınance-Fınances Publıques, 47(3), 496-504.
  • Singh, B. ve Sahni, B. S. (1984). Causality Between Public Expenditure And National İncome. The Review Of Economics And Statistics, 630-644.
  • Shah, A. (Ed.). (2005). Public Expenditure Analysis (Vol. 41181, No. 4). World Bank Publications.
  • Selim.S ve Aybarç, S (2022) “Kamu Politikalarında Ekonometri Uygulamaları” Der Yayınları
  • Shelton, C. A. (2007). The Size And Composition Of Government Expenditure. Journal Of Public Economics, 91(11-12), 2230-2260.
  • Simoes, M. C. (2011). Education Composition And Growth: A Pooled Mean Group Analysis Of Oecd Countries. Panoeconomicus, 58(4), 455-471.
  • Sanchez-Juarez, I., García, R. ve Barajas, H. (2016). The Relationship Between Total Production And Public Spending İn Mexico: Keynes Versus Wagner. International Journal of Financial Research, 7(1), 109-120.
  • Samudram, M., Nair, M. ve Vaithilingam, S. (2009). Keynes and Wagner on government expenditures and economic development: the case of a developing economy. Empirical Economics, 36(3), 697-712.
  • Şanlısoy, S. ve Sunal, O. (2016). Kamu Harcamaları-Ekonomik Büyüme İlişkisi: Türkiye Örneği. Gümüshane University Electronic Journal of the Institute of Social Science/Gümüshane Üniversitesi Sosyal Bilimler Enstitüsü Elektronik Dergisi, 7(17).
  • Tussing, A. D. ve Henning, J. A. (1974). Long-Run Growth Of Nondefense Government Expenditures İn The United States. Public Finance Quarterly, 2(2), 202-222.
  • Udo, A. B., Effiong, C. E. ve Ogar, O. O. (2016). Economic growth of West African Countries and the validity of Wagner’s law: a panel analysis. Asian Journal of Economics and Empirical Research, 3(1), 71-83.
  • Ünsal, M. E. (2020). Kamu Harcamaları, Kamu Gelirleri Ve Kamu Borçlarının Ekonomik Büyüme Üzerindeki Etkileri: Oecd Ülkeleri Üzerine Panel Veri Analizi. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, (64), 53-64.
  • Weber, R. ve Singh, R. (1997). The Composition Of Public Expenditure And Economic Growth: Can Anything Be Learned From Swiss Data?. Swiss Journal Of Economics And Statistics.
  • Wagner, R. E. ve Weber, W. E. (1977). Wagner's Law, Fiscal İnstitutions, And The Growth Of Government. National Tax Journal, 30(1), 59-68.
  • Wahab, M. (2004). Economic Growth And Government Expenditure: Evidence From A New Test Specification. Applied Economics, 36(19), 2125-2135.
  • Walker, J. F. ve Vatter, H. G. (1986). Stagnation—Performance And Policy: A Comparison Of The Depression Decade With 1973–1984. Journal Of Post Keynesian Economics, 8(4), 515-530.
Toplam 74 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Ekonomi
Bölüm Makaleler
Yazarlar

Şamil Muharrem 0000-0002-3643-9686

Doğan Uysal 0000-0001-9406-0757

Erken Görünüm Tarihi 24 Mayıs 2023
Yayımlanma Tarihi 5 Haziran 2023
Gönderilme Tarihi 7 Eylül 2022
Kabul Tarihi 21 Kasım 2022
Yayımlandığı Sayı Yıl 2023 Cilt: 38 Sayı: 2

Kaynak Göster

APA Muharrem, Ş., & Uysal, D. (2023). Makroekonomik Değişkenlerin Kamu Harcamaları Üzerindeki Etkisi: Wagner Yasası Geçerliği. İzmir İktisat Dergisi, 38(2), 430-447. https://doi.org/10.24988/ije.1172275

İzmir İktisat Dergisi
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tarafından taranmaktadır.

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https://dergipark.org.tr/tr/pub/ije/contacts


İZMİR İKTİSAT DERGİSİ 2022 yılı 37. cilt 1. sayı ile birlikte sadece elektronik olarak yayınlanmaya başlamıştır.