KÜRESELLEŞME İLE KAMU BÜYÜKLÜĞÜ ARASINDAKİ NEDENSELLİK İLİŞKİSİ: OECD ÜLKELERİ ÖRNEĞİ

Çalışmanın amacı küreselleşme ile kamu büyüklüğü arasındaki nedensellik ilişkisini test etmeye yöneliktir. 27 OECD ülkesi üzerine yapılan çalışma 1995-2015 dönemini kapsamaktadır. Analiz kapsamında kamu büyüklüğünün göstergesi olarak kamu harcamaları (%GSYH) ve küreselleşmenin göstergesi olarak ise KOF küreselleşme endeksi ve alt bileşenleri kullanılmıştır. Değişkenler arasındaki nedensellik ilişkisinin yönünü test etmek amacıyla Emirmahmutoğlu ve Köse (2011) tarafından geliştirilen panel nedensellik testi uygulanmıştır. Analiz sonucuna göre küreselleşme endeksinden kamu harcamalarına, ekonomik küreselleşme endeksinden kamu harcamalarına ve sosyal küreselleşme endeksinden kamu harcamalarına tek yönlü nedensellik ilişkisi bulunmuştur. Politik küreselleşme endeksi ile kamu harcamaları arasında ise çift yönlü nedensellik ilişkisi olduğu bulgusu elde edilmiştir.

THE CAUSALITY RELATIONSHIP BETWEEN GLOBALIZATION AND GOVERNMENT SIZE: THE CASE OF OECD COUNTRIES

The purpose of the study is to test the causality relationship between globalization and government size. The study performed regarding 27 OECD countries comprises of the period of years 1995-2015. Government expenditures (% GDP) as an indicator of government size and KOF globalization index and sub components as an indicator of globalization were used to as part of analysis. The panel causality test developed by Emirmahmutoğlu and Köse (2011) was use to test the direction of causality relationship between the variables. According to analysis result, a unidirectional causality relationship from globalization index to government expenditures, from economicglobalization index to government expenditures and from social globalization index to government expenditures was found. The finding of a bidirectional causality relationship between the political globalization and government expenditures was also obtained.

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