You are here

EKONOMİK BÜYÜMENİN BELİRLEYİCİLERİ: OECD ÜLKELERİNDE DENGESİZ PANEL ANALİZİYLE BİR UYGULAMA

DETERMINANTS OF ECONOMIC GROWTH: AN APPLICATION WITH UNBALANCED PANEL ANALYSIS IN OECD COUNTRIES

Journal Name:

Publication Year:

Keywords (Original Language):

Abstract (2. Language): 
One of the most important indicators of the increase in economic and social welfare in a country is the economic growth phenomenon. There are several studies in the literature that aimed to identify the components of economic growth and their contribution to growth. In the present study, economic growth indicators were selected as investments, population, human capital, employment, public investments and the size of logistics industry. To determine economic growth indicators in 34 OECD countries, unbalanced panel analysis is conducted in the present study. As a result, it was determined that study variables of logistics and fixed capital investments were positive and statistically significant at the same time. This finding reflected that the size of the logistics industry and fixed capital investments increased per capita income in OECD countries.
Abstract (Original Language): 
Bir ülkenin iktisadi ve sosyal refah düzeyindeki artışın en önemli göstergelerinden biri ekonomik büyüme olgusudur. Ekonomik büyümenin bileşenleri ve büyümeye katkılarının belirlenebilmesi amacıyla literatürde çok sayıda çalışma mevcut olup ekonomik büyümeyi belirleyen değişkenler tespit edilmeye çalışılmıştır. Bu çalışmada, ekonomik büyüme belirleyicisi olarak yatırım, nüfus, beşeri sermaye, istihdam, devlet yatırımları ve lojistik sektör büyüklüğü değişkenleri alınmıştır. Çalışmada 34 OECD ülkesindeki ekonomik büyümenin belirleyicisinin ortaya konulması için dengesiz panel analizi yapılmıştır. Sonuçta, çalışma değişkenlerinden lojistik ve sabit sermaye yatırımı değişkeninin pozitif ve aynı zamanda istatistiksel olarak anlamlı olduğu tespit edilmiştir. Bunun anlamı OECD ülkelerinde lojistik sektör büyüklüğünün ve sabit sermaye yatırımlarının kişi başına geliri artırıcı etkide bulunduğudur.
89
99

JEL Codes:

REFERENCES

References: 

Aibin L.G., P. Z. And Y.Z. (2013). “Empirical Analysis on the Relationship Between Logistics Industry and Economic Growth in Xuzhou”, Logistics and Supply Chain Research in China - Proceedings of The 3rd International Conference on Logistics and Supply Chain Management 2010, Hunan, CHINA, http://www.seiofbluemountain.com, 12 Sept.
Aschauer, D.A. (1989). “Is Public Expenditure Productive?”, J Monet Econ 23(2), pp.177–200.
Barro RJ, Sala-i-Martin, X. (1991a). “Convergence Across States and Regions”, Brookings Pap Econ Act (1), pp. 107–182.
Barro RJ, Sala-i-Martin, X. (1992b). “Convergence”. J Pol Econ 100(2), pp.223–251.
Breitung, J. and M.W., (1994). “Testing for Unit Roots in Panel Data : Are Wages on Different Bargaining Levels Cointegrated?”, Applied Economic 26(4), pp.353-361.
Chen, J. and Fleisher, B.M. (1996). “Regional Income Inequality and Economic Growth in China”, J Comp Econ 22(2), pp.141–164.
Chu, Z. (2012). “Logistic and Economic Growth : A Panel Data Approach”, The Annals of Regional Science 49, pp.87-102.
Datta, A. and Agarwal, S. (2004). “Telecommunications and Economic Growth: a Panel Data Approach”, Appl Econ 36, pp.1649–1654
Süleyman Demirel Üniversitesi Vizyoner Dergisi, Yıl: 2016, Cilt: 7, Sayı: 16, ss.89-99.
Suleyman Demirel University The Journal of Visionary, Year: 2016, Volume: 7, Number: 16, pp.89-99.
98
Demurger, S. (2001). “Infrastructure Development and Economic Growth: an Explanation for Regional Disparities in China?”, J Comp Econ 29(1), pp.95–117.
Ding, L. and Haynes, K.E., Liu, Y. (2008). “Telecommunications Infrastructure and Regional Income Convergence in China: Panel Data Approaches”, Ann Reg Sci 42(1), pp.843–861.
Fleisher, B.M. and Chen, J. (1997). “The Coast-noncoast Income Gap, Productivity and Regional Economic Policy in China”, J Comp Econ 25(2), pp.220–236.
Gujarati, D. N. (1999). Temel Ekonometri, ( Çev. Ü. Şenesen ve G. G. Şenesen ). İstanbul, Literatür Yayınları.
Greene, W.H.(2003). Econometric Analysis, 5th Edition, Prentice Hall, New Jersey.
Hadri, K. (2000). “Testing for Stationarity in Heterogeneous Panel Data”, The Econometrics Journal, 3, pp.148-161.
Hong J. (2007). “Transport and the Location of Foreign Logistics Firms: the Chinese Experience”, Transp Res Part A 41, pp.597–609.
Hu, K., Xiao-quin G., Kuo G. (2012). “Co-entegration model of Logistics Infrastructire Investment and Regional Economic Growth in Central China”, Physics Procedia, 33, pp.1036-1041.
Im, K.S., P.H. and S.Y. (2003). “Testing for Unit Roots in Heterogeneous Panels”, Journal of Econometrics, 115, pp. 53-74.
Islam, N. (1995). “Growth Empirics: a Panel Data Approach”, Q J Econ 110(4):1127–1170.
Levin, A. and L.C. (1992a). “Unit Root Tests in Panel Data : Asymptotic and Finite Sample Properties”, University of California, San Diego Working Paper, pp.23-92.
Levin. A. and L.C., (1993b). “Unit Root Tests in Panel Data : New Results”, University of California, San Diego Working Paper, pp.56-93.
Li, Zhang ve Zhou. (2003). “Relationship Between the Development of Logistic Industry and the Improvement of National Economy in China”, Zhongguo Jixie Gongcheng/China Mechanical Engineering. Vol. 14, no. 10, 25 May, pp. 884-887.
Liu, Li ve Huang. (2006). “Analysis of the Dynamic Relation Between Logistics Development and GDP Growth in China, Service Operations and Logistics, and Informatics”, SOLI '06. IEEE International Conference On, 21-23 June, China, http://ieeexplore.ieee.org, 08.08.2013.
Lu S. C., Ching-Chiao Y. (2006). “Comparison of Investment Preferences for International Logistics Zones in Kaohsiung, Hong Kong and Shanghai Ports from a Taiwanese Manufaturer’s Perspective”, Transportation Journal Vol.45, No.1, Winter, pp.30-51.
Maddala, G.S. and W.S. (1991). “A Comparative Study of Unit Root Tests With Panel Data and A New Sample Test”, Oxford Bulletin of Economics and Statistics, Special Issue, pp.631-652.
Madden, G. and Savage , S.J. (1998a). “CEE Telecommunication Investment and Economic Growth”, Inf Econ and Policy 10, pp.173–195.
Madden, G. and Savage , S.J. (2000b). “Telecommunications and Economic Growth”, Int J Social Econ 27(7), pp.893–906.
Mody, A. and Wang, F. (1997). “Explaining Industrial Growth in Coastal China: Economic Reforms and whatelse”, World Bank Econ Rev 11(2), pp.293–325.
Raiser, M. (1998). “Subsidizing Inequality: Economic Reforms, Fiscal Transfers and Convergence Across Chinese Provinces”, J Dev stud 34(3), pp.1–26.
Röller, L.H. and Waverman, L. (2001). “Telecommunications Infrastructure and Economic Development : A Simultaneous Approach”, American Economic Review, Vol.91, No.4 (September), pp. 909-923.
Sala-i-Martin, X. (2002). The Disturbing Rise of Global Income Inequality. Columbia University Press, Mimeo.
Solow, R.M. (1956). A Contribution to the Theory of Economic Growth, Q J Econ 70, pp.65–94.
Süleyman Demirel Üniversitesi Vizyoner Dergisi, Yıl: 2016, Cilt: 7, Sayı: 16, ss.89-99.
Suleyman Demirel University The Journal of Visionary, Year: 2016, Volume: 7, Number: 16, pp.89-99.
99
Stock, J. and Watson, M. (1993). “A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems”, Econometrica 61 (4), pp. 783-820.
Quah, D. (1994). “Exploting Cross-section Variations for Unit Root Inference in Dynamic Data”, Economics Letters, 44, pp.9-19.
Yang, W. and Lugian, W. (2010). “The Economic Growth Effect of Logistics Industry FDI Analysis”, Scientific Research, iBusiness, 2, pp. 377-381, doi:10.4236/ib.2010.24049 Published Online December 2010 (http://www.scirp.org/journal/ib), 01.08.2013.
Wang Q, Chu Z, Zhou Q, Lai F. (2008). “A Comparative Study of Third-party Logistics in Mainland China and Hong Kong.”, Transp J 47(3), pp.48–58.
Weeks, M. and Yao, J.Y. (2003). “Provincial Conditional Income Convergence in China, 1953–1997: a Panel Data Approach”, Econom Rev 22(1), pp.59–77.
Wooldridge, J.M. (2003). Econometric Analysis of Cross Section and Panel Data, The MIT Press., Cambridge.
Zahra, K. Dervez, A. and Afzal, M. (2008). “Telecommunication Infrastructure Development and Economic Growth: A panel Data Approach”, The Pakistan Development Review, Vol.47, Issue 4, pp.711-726.

Thank you for copying data from http://www.arastirmax.com