Political Business Cycle on the Agricultural Supports in Turkey

Autor:	M. Burak ONEMLI, Adil KORKMAZ
Jazyk:	angličtina
Rok vydání:	2015
Předmět:	Agricultural Supports Turkish Politics Political Business Cycles Opportunistic and Partisanship Business Cycles Business HF5001-6182
Zdroj:	Eurasian Journal of Business and Economics, Vol 8, Iss 15, Pp 167-184 (2015)
Druh dokumentu:	article
ISSN:	1694-5948 1694-5972
DOI:	10.17015/ejbe.2015.015.08
Popis:	This study investigates whether there is a political business cycle (PBC) on the agricultural supports in the Turkish economy. In this respect, we investigate the policies of different Turkish governments for the agricultural supports measured by the producer support estimates for the period 1986-2011. To this end, first the series for the producer support estimates are filtered by the Hodrick-Prescott filter, and then an econometric model is employed to estimate the effects of a set of explanatory variables including the economic crisis, the opportunistic and the partisan characteristics of the incumbent parties. Our results provide limited support for the opportunistic type PBC. Moreover, it seems that some Turkish governments have created the partisanship type PBCs
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/094faa2b81be4124bae918751ec08e12 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF