1. TİCARİ AÇIKLIK VE KAMU BÜYÜKLÜĞÜ İLİŞKİSİ: PANEL NEDENSELLİK TESTİ.
- Author
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Zeren, Fatma and Ergün, Suzan
- Subjects
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TRANSPARENCY in government , *COUNTERTRADE , *GOVERNMENT size , *GLOBALIZATION , *PANEL analysis , *META-analysis , *EMPIRICAL research - Abstract
The compensation hypothesis which focuses on the effects of globalization has been studied in the literatüre. The purpose of this paper is to test whether there is an evidence of compensation hypothesis in Euro countries. Therefore we examines the causal relationship between trade openness and government size in a panel of 15 selected Euro countries from 1971 to 2011. We used panel causality test which is based on Meta analysis in heterogeneous mixed panels. Empirical results indicate one-way causality from trade openness to government size for 15 Euro countries. That is, compensation hypothesis is valid. [ABSTRACT FROM AUTHOR]
- Published
- 2013