Esra KABAKLARLI, Fatih MANGIR, Fatih AYHAN

Ulaştırma Altyapı Yatırımlarının Ekonomik Büyümeye Katkısı: Seçilmiş Ülkeler için Panel Eşbütünleşme Analizi

Bu çalışmada, 1995-2015 yılları için seçilmiş 17 OECD ülkesi ve Rusya için ulaştırma altyapı harcamalarının ekonomik büyüme üzerindeki etkisi ampirik olarak analiz edilmiştir. Panel eşbütünleşme ve Ortak İlişkili Etkiler analizi kullanılarak elde edilen sonuçlara göre, ulaştırma altyapı harcamaları ile büyüme arasında pozitif ve anlamlı bir ilişki bulunmaktadır. Seçilmiş ülke örneklerinden elde edilen sonuçlar, bu ülkelerde ulaştırma altyapı yatırımlarını iyileştiren ve arttıran ekonomi politikalarının dizayn edilmesinin oldukça önemli olduğunu ortaya koymaktadır. Bu yüzden sonuçlar, ülke karar mekanizmalarının planlama açısından, ulaştırma altyapı harcamalarına daha çok önem vermesi ve altyapı kapasitelerini arttırmaları yönünde kararlar almasını önermektedir. Kamu sektörü altyapıyı ekonomik kalkınmada katalizör olarak değerlendirmelidir.

Anahtar Kelimeler:

Ulaşım Altyapısı, Ekonomik Büyüme, Ortak İlişkili Etkiler Analizi

Contribution of Transportation Infrastructure Investments to Economic Growth: Panel Cointegration Analysis for Selected Countries

This study examines the relationship between infrastructure and economic growth using data of selected 17 OECD countries and Russia for the period 1995 to 2015. We employ recently developed panel methods to test for unit roots and Common Correlated Effect estimator to detect relationship among the variables. We find mostly positive and significant long-run response of economic growth to transportation infrastructure for the countries in this study. According to results of the analysis; it is essential for these countries to design economy policies which improve and increase the transportation infrastructure investment. Based on findings, this study suggests that the public sector providers should assess the infrastructure system as a catalyst for economic development.

Keywords:

Transportation Infrastructure, Economic Growth, Common Correlated Effect Analysis,

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