Türk Cumhuriyetleri'nde Phillips E?risi'nin Geçerlili?inin Analizi

Özet

??sizlik ve enflasyon aras?ndaki ili?ki uzun süredir tart???lmaktad?r. Enflasyon ve i?sizlik aras?ndaki negatif ili?ki Phillips E?risi ile aç?klanmaktad?r. Çe?itli iktisat okullar?, Phillips E?risi hakk?nda farkl? görü?lere sahiptir. Çal??man?n amac?, Phillips E?risi'nin Türk Cumhuriyetleri'ndeki geçerlili?ini incelemektir. Çal??mada 1991-2020 dönemi için Azerbaycan, Kazakistan, K?rg?zistan, Tacikistan, Türkiye, Türkmenistan ve Özbekistan incelenmi?tir. Bu ba?lamda hem k?sa hem de uzun dönemli ili?kileri ortaya ç?karmak için panel nedensellik ve e?bütünle?me testleri kullan?lm??t?r. Panel veri analizi sonuçlar?na göre hem k?sa dönemde hem de uzun dönemde i?sizlik ile enflasyon aras?nda kar??l?kl? bir ili?ki bulunmu?tur.

Anahtar kelimeler: Phillips E?risi, ??sizlik, Enflasyon, Panel Veri Analizi

Analysis of the Validity of the Phillips Curve in Turkic Republics

Abstract

The trade-off between unemployment and inflation has long been debated. The negative relationship between inflation and unemployment is explained by the Phillips Curve. Various schools of economics have different views of the Phillips Curve. The aim of the study is to analyze the validity of the Phillips Curve in Turkic Republics. In the study, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Turkmenistan and Uzbekistan were analyzed for the period 1991-2020. In this context, panel causality and cointegration tests were used to reveal both short- and long-term relationships. According to the results of the panel data analysis, a mutual relationship was found between unemployment and inflation both in the short-term and in the long-term.

Keywords: Phillips Curve, Unemployment, Inflation, Panel Data Analysis

Prof. Dr. ?lyas Sözen (Dokuz Eylül University, Izmir, Türkiye)
0000-0002-6503-4696  ilyassozen@gmail.com

Assoc. Prof. Dr. Mustafa Batuhan Tufaner (Istanbul Beykent University, Istanbul, Türkiye)
0000-0003-0415-4368  tufanerbatuhan@gmail.com

Submitted on: 2022-11-01 Accepted on: 2022-12-23

Year:2023 - Volume:2 Issue:1 Pages: 11-17

DOI: https://doi.org/10.36880/J02.1.0120

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APA style citation: Sözen, ?. , & Tufaner, M. B. (2023). Türk Cumhuriyetleri'nde Phillips E?risi'nin Geçerlili?inin Analizi. Avrasya Ekonomileri Dergisi, 2(1), 11-17.

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