Investigating Crowding-Out Effect Of Government Expenditures: Evidence From Turkey

Autor:	Felor Ebghaeı
Jazyk:	English<br />French<br />Turkish
Rok vydání:	2021
Předmět:	private sector investment public sector consumption expenditures public sector investment expenditures cointegration özel sektör yatırımları kamu sektörü tüketim harcamaları kamu sektörü yatırım harcamaları eşbütünleşme Economics as a science HB71-74
Zdroj:	İzmir İktisat Dergisi, Vol 36, Iss 4, Pp 867-879 (2021)
Druh dokumentu:	article
ISSN:	1308-8173 1308-8505
DOI:	10.24988/ije.792077
Popis:	The purpose of this article is to investigate the effect of government consumption and investment expenditures on private sector investment in the Turkish economy. In this study, the Cointegration Vector Autoregressive Model based on 1980-2018 data has been used. The results of the cointegration vector obtained from the Johansen Cointegration Test show that during the period under review, government investment expenditures are complementary and incentive and government consumption expenditures are competitive with private investment expenditures. Based on the results, it is suggested that to economic prosperity and development in various economic sectors, the government should undertake infrastructure expenditures.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/43efad5de50148008908cb83adb1be58 Zobrazit plný text záznamu View record in DOAJ