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Dergiler / İstanbul İktisat Dergisi / 2023 / Cilt: 73 Sayı: 1

Kaleckiyen Model Çerçevesinde Talep ve Bölüşüm Dinamikleri: SVAR Modeli Yaklaşımı

Estimation of the Distribution and Demand Dynamics in Turkey: Structural Vector Autoregression Approach to a Post-Keynesian Model

Betül MUTLUGÜN
Ahmet İNCEKARA
Sayfa
1–54
Yayın Tarihi
2023-06-26
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Moreover, the empirical model confirms most of the typical Kaleckian results.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:In this study, we present an empirical investigation into demand and distribution dynamics using structural vector autoregression analysis for Turkey between the period 1970-2017.
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Temel Bulgular & Veri:Our findings indicate that increases in wage share lead to an increase in accumulation and growth which suggests wage-led effective demand, while distributive dynamics demonstrate profit-squeeze results, at least in the short run.
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Sonuç & Katkı:Moreover, the empirical model confirms most of the typical Kaleckian results.
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:2017 Verileri
⚙️Değişkenler:Income distribution · Kaleckian model · effective demand

Abstract

In this study, we present an empirical investigation into demand and distribution dynamics using structural vector autoregression analysis for Turkey between the period 1970-2017. The theoretical analysis is based on a Kaleckian dynamic macro model where distributive shares are determined endogenously by introducing Rowthorn’s conflicting claims on income by workers and firms and labor productivity is allowed to vary with the level of capacity utilization due to economies of scale due to Kaldor–Verdoorn effects and wage-push effects according to Marx. Our findings indicate that increases in wage share lead to an increase in accumulation and growth which suggests wage-led effective demand, while distributive dynamics demonstrate profit-squeeze results, at least in the short run. Moreover, the empirical model confirms most of the typical Kaleckian results.

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Bu Makaleye Atıf Yap

MUTLUGÜN, B., İNCEKARA, A. (2023). Kaleckiyen Model Çerçevesinde Talep ve Bölüşüm Dinamikleri: SVAR Modeli Yaklaşımı. İstanbul İktisat Dergisi, Cilt: 73 Sayı: 1, 1–54. https://ajindex.com/articles/955469

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Kaynakça (3)

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