Budget Deficit and Quality of Governance Nexus: A Bootstrap Panel Granger Causality Analysis for BRICS-T
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Tarih
2022
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study aims to analyze empirically the nexus among budget deficits and governance quality\r(democratic quality and technical quality) in the context of special group of developing countries BRICS-T\rcountries Brazil, India, China, South Africa, Russia and Turkey) fort he period 1996-2020. In the study, Kónya's\r(2006) Bootstrap panel Granger causality analysis, which is the second generation panel causality test, was used\ras a method. Findings obtained by using Bootstrap panel Granger causality analysis;A one-way causality\rrelationship from budget deficit to democratic quality for Russia and Turkey; It reveals a one-way causality\rrelationship from democratic quality to budget deficit for Brazil. On the other hand, one-way causality from budget\rdeficit to technical quality for Brazil and South Africa; one-way causality relationship from technical quality to\rbudget deficit for Russia; for Turkey, on the other hand, a bidirectional causality relationship has been determined.\rIn China and India, however, no causal relationship was observed between the budget deficit and the quality of\rmanagement (democratic quality and technical quality).
Açıklama
Anahtar Kelimeler
İktisat,İstatistik ve Olasılık
Kaynak
Journal of Yasar University
WoS Q Değeri
Scopus Q Değeri
Cilt
17
Sayı
66
