Yapay Zeka Hızlı Bakış & Çıkarımlar
AI InsightIn China and India, however, no causal relationship was observed between the budget deficit and the quality of management (democratic quality and technical quality).
📌 3 Maddede Bu Makale
Abstract
This study aims to analyze empirically the nexus among budget deficits and governance quality (democratic quality and technical quality) in the context of special group of developing countries BRICS-T countries Brazil, India, China, South Africa, Russia and Turkey) fort he period 1996-2020. In the study, Kónya's (2006) Bootstrap panel Granger causality analysis, which is the second generation panel causality test, was used as a method. Findings obtained by using Bootstrap panel Granger causality analysis;A one-way causality relationship from budget deficit to democratic quality for Russia and Turkey; It reveals a one-way causality relationship from democratic quality to budget deficit for Brazil. On the other hand, one-way causality from budget deficit to technical quality for Brazil and South Africa; one-way causality relationship from technical quality to budget deficit for Russia; for Turkey, on the other hand, a bidirectional causality relationship has been determined. In China and India, however, no causal relationship was observed between the budget deficit and the quality of management (democratic quality and technical quality).