Türkiye’deki Hükümetlerin Makroekonomik Performanslarının Bir Karşılaştırması, 1987-2007
A Comparison of Macroeconomic Performances of Governments in Turkey, 1987-2007
Aykut Kibritçioğlu ()
MPRA Paper from University Library of Munich, Germany
In this paper, a macroeconomic performance index (MEP10) which consists of selected ten indicators is proposed to evaluate the relative performance of Turkish governments by using monthly data for the period of December 1987 – April 2007. According to the multi-staged evaluation process applied in the study, the governments are grouped in three classes: (1) Relatively successful governments: 46. government (December 1987 – November 1989), 48. government (June 1991 – November 1991), 54. government (June 1996 – June 1997), and 59. government (March 2002 – April 2007), (2) Relatively unsuccessful governments: 47. government (November 1989 – June 1991), 49. government (November 1991 – June 1993), 55. government (June 1997 – January 1999) and 53. government (March 1996 – June 1996), and (3) Most unsuccessful governments: 50.-52. governments (June 1993 – March 1996) and 56.-57. governments (January 1999 – November 2002). The monthly performance index is also used to test some hypotheses regarding the relationship between the length of the governments’ term of office and their macroeconomic performances.
Keywords: Okun's misery index; macroeconomic performance; macroeconomic stability; governments; political stability; general elections; economic crises; Turkish economy (search for similar items in EconPapers)
JEL-codes: O53 E65 C43 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm, nep-cwa, nep-his and nep-mac
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