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The Macroeconomic Effects of Increase in Imported Crude Oil Prices
Since the Second World War (WWII), oil has become one of the most significant sources of energy (Brini & Jemmali & Farroukh, 2016: 1). Therefore, economists have been closely interested in the empirical evidence that ...
Macroeconomic Effects of Openness
Liberalization policies began to be implemented around the world after 1980, and countries’ economies were rapidly affected by these policies. Consequently the concept of openness became increasingly important in terms ...
THE VALIDITY OF WAGNER'S LAW: THE CASE OF TURKEY WITHIN THE FRAMEWORK OF THE MUSGRAVE AND MANN MODELS
(Gazi Kitabevi, 2021)
The relationship between public expenditures, one of the most important tools of fiscal policy implemented by governments, and GDP (gross domestic product) is very important for the decisions of policymakers. In this ...