Bu çalışma, seçilmiş 7 OECD ülkesi (Belçika, Finlandiya, Danimarka, Norveç, Fransa, Kanada ve Japonya) özelinde kamu kesimi büyüklüğü, dış şoklar ve ekonomik büyüme ilişkisini, 19802015 dönemi için yıllık veri seti kullanmak suretiyle ampirik olarak analiz etmeyi amaçlamaktadır. Bootstrap panel Granger nedensellik analizinden istifade edilerek elde edilen bulgular, Finlandiya, Danimarka ve Japonya’da kamu kesimi büyüklüğü ve dış şoklardan ekonomik büyümeye doğru tek yönlü bir nedensellik ilişkisinin olduğunu; diğer ülkelerde ise böyle bir ilişkinin olmadığını ortaya koymaktadır.
This study aims to analyze empirically the nexus among government size, external shocks, and economic growth in the context of selected 7 OECD countries (Belgium, Finland, Denmark, Norway, France, Canada, and Japan) by using annual data set for the period 19802015. The results of the study obtained by employing Bootstrap panel Granger causality analysis reveal that there exists a one-way causality running from government size and external shocks to economic growth for Finland, Denmark, and Japan, but not for other countries.
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