TESTING THE VALIDITY OF THE BARS CURVE FOR TURKEY

dc.contributor.authorDurucan, Ayşegül
dc.date.accessioned2025-01-21T16:28:34Z
dc.date.available2025-01-21T16:28:34Z
dc.date.issued2022
dc.departmentKırıkkale Üniversitesi
dc.description.abstractThis study has two main aims: to test the validity of the BARS curve in Turkey for the period 1974–2016 and to estimate the optimal government size for that period and compare it with the current situation. It uses the Autoregressive Distributed Lag bounds test and quadratic equation methods. The empirical findings of the study confirm the validity of the BARS curve by providing strong evidence for the existence of an inverted U-shaped long-run relationship between government size and economic growth. Unlike many previous studies that use a single proxy measure for government size, this study uses all available fundamental indicators and their sub-components. The empirical results show that for the period studied all proxy measures of government size exceed the optimal except for total central government budget expenditure and defence expenditure. Therefore, decreasing the size of the government, other than for these two indicators, will increase economic growth in the long run. © 2022
dc.identifier.doi10.2298/EKA2232153D
dc.identifier.endpage192
dc.identifier.issn0013-3264
dc.identifier.issue232
dc.identifier.scopus2-s2.0-85130606315
dc.identifier.scopusqualityQ3
dc.identifier.startpage153
dc.identifier.urihttps://doi.org/10.2298/EKA2232153D
dc.identifier.urihttps://hdl.handle.net/20.500.12587/23586
dc.identifier.volume67
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherUniversity of Belgrade
dc.relation.ispartofEconomic Annals
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241229
dc.subjectARDL bounds test; economic growth; Government size; Turkey
dc.titleTESTING THE VALIDITY OF THE BARS CURVE FOR TURKEY
dc.typeArticle

Dosyalar