Türkiye’deki Hükümetlerin Makroekonomik Performanslarının Bir Karşılaştırması, 1987-2007
[A Comparison of Macroeconomic Performances of Governments in Turkey, 1987-2007]
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.
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- Knox Lovell, C. A. & Pastor, Jesus T. & Turner, Judi A., 1995. "Measuring macroeconomic performance in the OECD: A comparison of European and non-European countries," European Journal of Operational Research, Elsevier, vol. 87(3), pages 507-518, December.
- Wim Moesen & Laurens Cherchye, 1998.
"The Macroeconomic Performance of Nations: Measurement and Perception,"
Public Economics Working Paper Series
ces9822, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics.
- Wim Moesen & Laurens Cherchye, 1998. "The Macroeconomic Performance of Nations Measurement and Perception," Center for Economic Studies - Discussion papers ces9822, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
- Laurens Cherchye, 2001. "Using data envelopment analysis to assess macroeconomic policy performance," Applied Economics, Taylor & Francis Journals, vol. 33(3), pages 407-416.
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