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Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz

Yıl 2023, Cilt: 10 Sayı: 2, 361 - 393, 02.08.2023

Sedef Şen Tuğba Yılmaz

https://doi.org/10.26650/JEPR1134343

Öz

Altyapı yatırımları ve hizmetlerinin iktisadi büyüme üzerinde etkili olduğu birçok akademisyen ve politika yapıcılar tarafından kabul edilmektedir. Ülkelerin gelişmişlik düzeyine göre altyapı yatırımlarına bakış açısı farklılaşmaktadır. Birçok gelişmiş ülkenin altyapı sistemi doygunluk seviyesinde olduğu için bu ülkelerde altyapı yatırımları genellikle hali hazırdaki altyapı stokunda iyileştirmeler yapma şeklinde ortaya çıkmaktadır. Gelişmekte olan ülke grubu içesinde yer alan birçok orta gelirli ülkelerde ise mevcut altyapı yatırımları yetersizdir. Bu sebeple yeni altyapı yatırım ve hizmetlerinin sağlanması gerekmektedir. Sonuç olarak, ülkelerin gelir durumları altyapı yatırımlarının iktisadi büyüme üzerindeki etkilerini göstermede göz önüne alınması gereken önemli bir ölçüt olarak karşımıza çıkmaktadır. Gelişmiş ve özellikle Afrika bölgesindeki gelişmemiş ülkeler için altyapı ve iktisadi büyüme ilişkisini ortaya çıkarmak amacıyla yapılan çalışmalar sayıca fazla olmasına rağmen, orta gelire sahip ülkelerde bu ilişkinin yeterli derecede ele alınmadığı görülmektedir. Bu sebeple, bu çalışmada 2011- 2020 yılları için üst orta gelir grubundaki ülkeler göz önünde bulundurularak altyapının iktisadi büyüme üzerindeki etkisi Barro’ya (1990) dayanan içsel büyüme modeli çerçevesinde incelenmiştir. Ekonomik altyapı türleri olarak bilinen ulaşım, telekomünikasyon ve enerji ayrı ayrı ele alınarak dinamik panel veri yöntemlerinden biri olan sistem Genelleştirilmiş Momentler Yöntemi tahmincisi ile analizler gerçekleştirilmiştir. Elde edilen tahmin sonuçlarına göre telekomünikasyon ve enerji altyapısının iktisadi büyüme üzerinde etkili olduğu ancak ulaşımın iktisadi büyüme üzerinde etkili olmadığı ortaya çıkmıştır. Ayrıca altyapıyı temsilen gayrisafi sabit sermaye oluşumunun göz önüne alındığı modellerde de istatistiksel olarak pozitif ve anlamlı sonuçlara erişilmiştir.

Anahtar Kelimeler

İktisadi büyüme Altyapı yatırımları Kamu harcamaları Mali politika Panel Veri

Kaynakça

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An Econometric Analysis on the Relationship between Infrastructure and Economic Growth

Yıl 2023, Cilt: 10 Sayı: 2, 361 - 393, 02.08.2023

Sedef Şen Tuğba Yılmaz

https://doi.org/10.26650/JEPR1134343

Öz

Many academics and policymakers accept that infrastructure investments and services impact economic growth. The point of view on infrastructure investments differs according to the development level of the countries. Since the infrastructure systems of many developed countries are at the saturation level, infrastructure investments in these countries generally occur in the form of improvements in the existing infrastructure stock. In many middleincome countries within the developing country group, existing infrastructure investments are insufficient. For this reason, it is necessary to provide new infrastructure investments and services. As a result, the income level of countries emerges as an important criterion to be considered in showing the effects of infrastructure investments on economic growth. Although many studies are conducted to reveal the relationship between infrastructure and economic growth for developed and underdeveloped countries (especially in the African region), this relationship is not adequately addressed in middle-income countries. For this reason, in this study, the effect of infrastructure on economic growth was examined within the framework of an endogenous growth model based on Barro (1990), considering uppermiddle- income countries for the years 2011-2020. By considering transportation, telecommunications, and energy, known as economic infrastructure types, analyses were carried out with the system GMM estimator, which is one of the dynamic panel data methods. Estimation results show that telecommunications and energy infrastructure have an effect on economic growth, but transportation does not. In addition, statistically positive and significant results have been achieved in the models in which gross fixed capital formation represents the infrastructure.

Anahtar Kelimeler

Economic growth Infrastructure investment Government expenditure Fiscal policy Panel data

Kaynakça

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  • Barro, R. J. (1990). Government spending in a simple model of endogeneous growth. Journal of Political Economy, 98(5, Part 2), 103-125. google scholar
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  • Datta, A., & Agarwal, S. (2004). Telecommunications and economic growth: a panel data approach. Applied Economics, 36(15), 1649-1654. google scholar
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  • Değer, M. K., & Doğanay, M. A. (2015). Ekonomik büyüme üzerinde altyapı yatırımlarının etkisi: seçilmiş ülke grupları için panel veri analizleri (1994-2013). Paradoks: The Journal of Economics, Sociology & Politics, 11(2), 63-82. google scholar
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  • Deng, T. (2013). Impacts of transport infrastructure on productivity and economic growth: recent advances and research challenges. Transport Reviews, 33(6), 686-699. google scholar
  • Dissou, Y., & Didic, S. (2013). Infrastructure and growth. In Infrastructure and Economic Growth in Asia, Springer, Cham, 5-45. google scholar
  • Dutta, A. (2001). Telecommunications and economic activity: an analysis of granger causality. Journal of Management Information Systems, 17(4), 71-95. google scholar
  • Elburz, Z., Nijkamp, P., & Pels, E. (2017). Public infrastructure and regional growth: evidence from Turkey. European Journal of Transport and Infrastructure Research, 17(4). google scholar
  • Erdinç, Z., Günsoy G., Günsoy, B., & Aktaş M. T. (Ed.). (2018). İktisadi büyüme kavramı, Anadolu Üniversitesi Yayını No: 3656, Açıköğretim Fakültesi Yayını No: 2484, Eskişehir. google scholar
  • Estache, A., Speciale, B., & Veredas, D. (2005). How much does infrastructure matter to growth in Sub-Saharan Africa. Unpublished, World Bank. google scholar
  • Farhadi, M. (2015). Transport infrastructure and long-run economic growth in OECD countries. Transportation Research Part A: Policy and Practice, 74, 73-90. google scholar
  • Fedderke, J., & Garlick, R. (2008). Infrastructure development and economic growth in South Africa: A review of the accumulated evidence. Policy Paper, 12, 1-28. google scholar
  • Fernald, J. G. (1999). Roads to prosperity? assessing the link between public capital and productivity. American Economic Review, 89(3), 619-638. google scholar
  • Fourie, J. (2006). Economic infrastructure: a review of definitions, theory and empirics. South African Journal of Economics, 74(3). 530-556. google scholar
  • Futagami, K., Morita, Y., & Shibata, A. (1993). Dynamic analysis of an endogenous growth model with public capital. The Scandinavian Journal ofEconomics, 607-625. google scholar
  • Garcia-Mila, T., Mcguire, T. J., & Porter, R. H. (1996). The effect of public capital in state-level production functions reconsidered. The Review of Economics and Statistics, 177-180. google scholar
  • Gramlich, E. M. (1994). Infrastructure investment: a review essay. Journal of Economic Literature, 32(3), 11761196. google scholar
  • Guo, W. W. (2018). An analysis of energy consumption and economic growth of Cobb-Douglas production function based on ECM. In IOP Conference Series: Earth and Environmental Science. 113(1). google scholar
  • Hansen, L. P. (1982). Large sample properties of generalized method of moments estimators. Econometrica: Journal of the econometric society, 1029-1054. google scholar
  • Hansen, N. M. (1965). The structure and determinants of local public investment expenditures. The Review of Economics and Statistics, 30, 150-162. google scholar
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Toplam 86 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Ekonomi
Bölüm RESEARCH ARTICLE
Yazarlar

Sedef Şen 0000-0003-4426-8861

Tuğba Yılmaz 0000-0002-5433-7317

Yayımlanma Tarihi 2 Ağustos 2023
Gönderilme Tarihi 22 Haziran 2022
Yayımlandığı Sayı Yıl 2023 Cilt: 10 Sayı: 2

Kaynak Göster

APA Şen, S., & Yılmaz, T. (2023). Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz. Journal of Economic Policy Researches, 10(2), 361-393. https://doi.org/10.26650/JEPR1134343
AMA Şen S, Yılmaz T. Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz. JEPR. Ağustos 2023;10(2):361-393. doi:10.26650/JEPR1134343
Chicago Şen, Sedef, ve Tuğba Yılmaz. “Altyapı Ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz”. Journal of Economic Policy Researches 10, sy. 2 (Ağustos 2023): 361-93. https://doi.org/10.26650/JEPR1134343.
EndNote Şen S, Yılmaz T (01 Ağustos 2023) Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz. Journal of Economic Policy Researches 10 2 361–393.
IEEE S. Şen ve T. Yılmaz, “Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz”, JEPR, c. 10, sy. 2, ss. 361–393, 2023, doi: 10.26650/JEPR1134343.
ISNAD Şen, Sedef - Yılmaz, Tuğba. “Altyapı Ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz”. Journal of Economic Policy Researches 10/2 (Ağustos 2023), 361-393. https://doi.org/10.26650/JEPR1134343.
JAMA Şen S, Yılmaz T. Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz. JEPR. 2023;10:361–393.
MLA Şen, Sedef ve Tuğba Yılmaz. “Altyapı Ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz”. Journal of Economic Policy Researches, c. 10, sy. 2, 2023, ss. 361-93, doi:10.26650/JEPR1134343.
Vancouver Şen S, Yılmaz T. Altyapı ve İktisadi Büyüme İlişkisi Üzerine Ekonometrik Bir Analiz. JEPR. 2023;10(2):361-93.
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