Araştırma Makalesi
BibTex RIS Kaynak Göster

Does Privatization Affect Economic Growth?: An Evidence From Transition Economies

Yıl 2016, Cilt: 16 Sayı: 3, 51 - 58, 19.10.2016
https://doi.org/10.18037/ausbd.390342

Öz



 This study examines the relationship between privatization and economic growth. The study test the hypothesis that privatization contributes to boost economic growth in transition economies by exploiting a panel data set including the period 1990 to 2008. The largest sample of the study includes 21 transition economies. Six distinct privatization indicators and two different economic growth indicators were used. In the light of estimation results, a positive correlation between privatization and economic growth was identified. This finding is statistically significant and remains valid for six different privatization and two economic growth indicators. Thus, the results suggest that privatization stimulates economic growth in transition economies, controlling for other factors that may contribute to economic growth. 

Kaynakça

  • Barnett, S. (2000). Evidence on the Fiscal and Macroeconomic Impact of Privatization. IMF Working Paper No.130, Washington DC: IMF.
  • Bennett, J., Estrin, S., Urga, G. (2007). Methods of Privatization and Economic Growth in Transition Economies. Economics of Transition, 15 (4), 661- 683.
  • Boubakri, N., Smaoui, H., Zamiti, M. (2009). Privatization Dynamics and Economic Growth. Proceedings of Annual London Conference on “Money, Economy and Management”, 9-10 July 2009, Imperial College, London. Editor: Zia Haqq., 1-34. [Online] Available from:http://www.wbiconpro.com/8. Houcem.pdf. [Accessed 20th December 2014] Cieslik, A., Tarsalewska, M. (2013). Privatization, Convergence, and Growth. Eastern European Economics, 51 (1), 5-20.
  • Cook, P., Uchida, Y. (2003). Privatization and Economic Growth in Developing Countries. Journal of Development Studies, 39 (6), 121-154.
  • Dessy, O., Florio, M. (2004). Workers’ Earnings in the UK Before and After Privatization: A Study of Five Industries. Universita di Milano Dipartimento di Economia Politica e Aziendale Working Paper 2004- 13, Milano: Italy.
  • Filipovic, A. (2005). Impact of Privatization on Economic Growth. Issues in Political Economy, 14 (August).
  • Gronblom, S., Willner, J. (2008). Privatization and Liberalization: Costs and Benefits in the Presence of Wage-Bargaining. Annals of Public and Cooperative Economics, 79 (1), 133-160.
  • Kaufmann, D., Siegelbaum, P. (1997). Privatization and Corruption in the Transition Economies. Journal of International Affairs, 50 (2), 419-58.
  • Moshiri, S., Abdou, A. (2010). Privatization, Regulation, and Economic Growth in Developing Countries: An Empirical Analysis. The International Journal of Interdisciplinary Social Sciences, 5 (3), 79-106.
  • Naguib, R. I. (2012). The Effects of Privatization and Foreign Direct Investment on Economic Growth in Argentina. The Journal of International Trade and Economic Development, 21 (1), 51–82.
  • Plane, P. (1997). Privatization and Economic Growth: An Empirical Investigation from a Sample of Developing Market Economies. Applied Economics, 29 (2), 161-178.
  • Rahbar, F., Sargolzaei, M., Ahmadi, R., Ahmadi, M. (2012). Investigating the Effects of Privatization on the Economic Growth in Developing Countries: A Fixed Effect Approach. Journal of Economics and Sustainable Development, 3 (4), 61-66.
Yıl 2016, Cilt: 16 Sayı: 3, 51 - 58, 19.10.2016
https://doi.org/10.18037/ausbd.390342

Öz

Kaynakça

  • Barnett, S. (2000). Evidence on the Fiscal and Macroeconomic Impact of Privatization. IMF Working Paper No.130, Washington DC: IMF.
  • Bennett, J., Estrin, S., Urga, G. (2007). Methods of Privatization and Economic Growth in Transition Economies. Economics of Transition, 15 (4), 661- 683.
  • Boubakri, N., Smaoui, H., Zamiti, M. (2009). Privatization Dynamics and Economic Growth. Proceedings of Annual London Conference on “Money, Economy and Management”, 9-10 July 2009, Imperial College, London. Editor: Zia Haqq., 1-34. [Online] Available from:http://www.wbiconpro.com/8. Houcem.pdf. [Accessed 20th December 2014] Cieslik, A., Tarsalewska, M. (2013). Privatization, Convergence, and Growth. Eastern European Economics, 51 (1), 5-20.
  • Cook, P., Uchida, Y. (2003). Privatization and Economic Growth in Developing Countries. Journal of Development Studies, 39 (6), 121-154.
  • Dessy, O., Florio, M. (2004). Workers’ Earnings in the UK Before and After Privatization: A Study of Five Industries. Universita di Milano Dipartimento di Economia Politica e Aziendale Working Paper 2004- 13, Milano: Italy.
  • Filipovic, A. (2005). Impact of Privatization on Economic Growth. Issues in Political Economy, 14 (August).
  • Gronblom, S., Willner, J. (2008). Privatization and Liberalization: Costs and Benefits in the Presence of Wage-Bargaining. Annals of Public and Cooperative Economics, 79 (1), 133-160.
  • Kaufmann, D., Siegelbaum, P. (1997). Privatization and Corruption in the Transition Economies. Journal of International Affairs, 50 (2), 419-58.
  • Moshiri, S., Abdou, A. (2010). Privatization, Regulation, and Economic Growth in Developing Countries: An Empirical Analysis. The International Journal of Interdisciplinary Social Sciences, 5 (3), 79-106.
  • Naguib, R. I. (2012). The Effects of Privatization and Foreign Direct Investment on Economic Growth in Argentina. The Journal of International Trade and Economic Development, 21 (1), 51–82.
  • Plane, P. (1997). Privatization and Economic Growth: An Empirical Investigation from a Sample of Developing Market Economies. Applied Economics, 29 (2), 161-178.
  • Rahbar, F., Sargolzaei, M., Ahmadi, R., Ahmadi, M. (2012). Investigating the Effects of Privatization on the Economic Growth in Developing Countries: A Fixed Effect Approach. Journal of Economics and Sustainable Development, 3 (4), 61-66.
Toplam 12 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Makaleler
Yazarlar

Assoc. Prof. Dr. Jülide Yalçınkaya Koyuncu

Yayımlanma Tarihi 19 Ekim 2016
Gönderilme Tarihi 15 Aralık 2015
Yayımlandığı Sayı Yıl 2016 Cilt: 16 Sayı: 3

Kaynak Göster

APA Yalçınkaya Koyuncu, A. P. D. J. (2016). Does Privatization Affect Economic Growth?: An Evidence From Transition Economies. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 16(3), 51-58. https://doi.org/10.18037/ausbd.390342