IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v39y2003i4p24-39.html
   My bibliography  Save this article

Political Business Cycles in the Parliamentary Systems : Evidence from Turkey

Author

Listed:
  • FUNDA TELATAR

Abstract

This paper empirically investigates the existence of political business cycles in Turkey for the 1986-97 period. Turkey presents an interesting case, with high and chronic inflation problems continuing since the mid-1970s. Political surfing and manipulative hypotheses about the behavior of the governments in a parliamentary system are tested by using probit and logit estimation procedures that include the election timing as an endogenous variable. We found that the governments manipulated the economy to increase their chances to be reelected through money supply and government expenditures during the sample period, causing the stabilization programs to loose their credibility and thus the inflation problem to continue.

Suggested Citation

  • Funda Telatar, 2003. "Political Business Cycles in the Parliamentary Systems : Evidence from Turkey," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 39(4), pages 24-39, July.
    • Handle: RePEc:mes:emfitr:v:39:y:2003:i:4:p:24-39
    as

    Download full text from publisher

    File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=NE2MJFJ7RNKCAUMT
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Post-Print hal-01291401, HAL.
    2. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
    3. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:39:y:2003:i:4:p:24-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.