Measuring the Performance of the Turkish Economy in the COVID Period and After with the CRITIC, TOPSIS and MABAC Methods

Abdulbaki Pınar; Metin Yıldırım; Savaş Erdoğan

Makale detayları

Measuring the Performance of the Turkish Economy in the COVID Period and After with the CRITIC, TOPSIS and MABAC Methods

Yazarlar:

Abdulbaki Pınar | Metin Yıldırım | Savaş Erdoğan

Yayıncı:

Karamanoglu Mehmetbey University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler | Finansal Ekonomi

Dergi:

Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 44, pp.433-449

Belge Tipi:

Makale

Yayın Tarihi:

6/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001291927

pISSN:

2147-7833

Anahtar kelimeler:

Özet:

 The economic performances of the countries have a decisive importance in the economic policies to be implemented. In order to determine the economic policies correctly, it is important to choose the macroeconomic indicators to be used in economic performance measurements in a way that reflects the real situation of the country. In addition, the process of the COVID epidemic has had an impact on the economic indicators of the countries. Within the scope of the study, the performance of the Turkish economy was measured using quarterly data on the ratios of GDP growth rate, inflation rate, unemployment rate, current account balance and budget balance to GDP in the period covering the years 2020-2022. In the study, the weights of macroeconomic indicators were determined by the CRITIC method, and performance measurement was carried out with TOPSIS and MABAC methods, which are MCDM techniques. As a result of the performance measurement made with the TOPSIS method, it was determined that the period with the best performance of the Turkish economy was 2021: Q1 and the period with the worst performance was 2020: Q2. As a result of the performance measurement made with the MABAC method, it was concluded that the best performance was in the period of 2022: Q2, and the worst performance was in the period of 2020: Q2. In addition, it can be said that although the performance ranking results of TOPSIS and MABAC methods are similar in periods of bad economic performance, they generally diverge.

 The economic performances of the countries have a decisive importance in the economic policies to be implemented. In order to determine the economic policies correctly, it is important to choose the macroeconomic indicators to be used in economic performance measurements in a way that reflects the real situation of the country. In addition, the process of the COVID epidemic has had an impact on the economic indicators of the countries. Within the scope of the study, the performance of the Turkish economy was measured using quarterly data on the ratios of GDP growth rate, inflation rate, unemployment rate, current account balance and budget balance to GDP in the period covering the years 2020-2022. In the study, the weights of macroeconomic indicators were determined by the CRITIC method, and performance measurement was carried out with TOPSIS and MABAC methods, which are MCDM techniques. As a result of the performance measurement made with the TOPSIS method, it was determined that the period with the best performance of the Turkish economy was 2021: Q1 and the period with the worst performance was 2020: Q2. As a result of the performance measurement made with the MABAC method, it was concluded that the best performance was in the period of 2022: Q2, and the worst performance was in the period of 2020: Q2. In addition, it can be said that although the performance ranking results of TOPSIS and MABAC methods are similar in periods of bad economic performance, they generally diverge.

 The economic performances of the countries have a decisive importance in the economic policies to be implemented. In order to determine the economic policies correctly, it is important to choose the macroeconomic indicators to be used in economic performance measurements in a way that reflects the real situation of the country. In addition, the process of the COVID epidemic has had an impact on the economic indicators of the countries. Within the scope of the study, the performance of the Turkish economy was measured using quarterly data on the ratios of GDP growth rate, inflation rate, unemployment rate, current account balance and budget balance to GDP in the period covering the years 2020-2022. In the study, the weights of macroeconomic indicators were determined by the CRITIC method, and performance measurement was carried out with TOPSIS and MABAC methods, which are MCDM techniques. As a result of the performance measurement made with the TOPSIS method, it was determined that the period with the best performance of the Turkish economy was 2021: Q1 and the period with the worst performance was 2020: Q2. As a result of the performance measurement made with the MABAC method, it was concluded that the best performance was in the period of 2022: Q2, and the worst performance was in the period of 2020: Q2. In addition, it can be said that although the performance ranking results of TOPSIS and MABAC methods are similar in periods of bad economic performance, they generally diverge.

 Ülkelerin ekonomik performansları, uygulanacak ekonomi politikalarında belirleyici bir öneme sahiptir. Ekonomi politikalarını doğru belirleyebilmek için ekonomik performans ölçümlerinde kullanılacak makroekonomik göstergelerin, ülkenin gerçek durumunu yansıtacak şekilde seçilmesi önemlidir. Ayrıca COVİD salgını süreci, ülkelerin ekonomik göstergeleri üzerinde etkili olmuştur. Çalışma kapsamında, 2020  2022 yıllarını kapsayan dönemde, GSYH büyüme hızı, enflasyon oranı, işsizlik oranı, cari denge ve bütçe dengesinin GSYHya oranlarına ilişkin çeyrek dönemlik veriler kullanılarak Türkiye ekonomisinin performansı ölçülmüştür. Çalışmada makroekonomik göstergelerin ağırlıkları CRİTİC yöntem ile belirlenmiş, ÇKKV tekniklerinden TOPSİS ve MABAC yöntemleri ile performans ölçümü gerçekleştirilmiştir. TOPSİS yöntemi ile yapılan performans ölçümü sonucunda, Türkiye ekonomisinin en iyi performansı sergilediği dönemin 2021:Q1 dönemi olduğu, en kötü performansı sergilediği dönemin ise 2020:Q2 dönemi olduğu belirlenmiştir. MABAC yöntemi ile yapılan performans ölçümü sonucunda ise, en iyi performansın 2022:Q2 döneminde, en kötü performansın ise 2020:Q2 döneminde sergilendiği sonucuna ulaşılmıştır. Ayrıca, TOPSİS ve MABAC yöntemlerinin performans sıralama sonuçlarının kötü ekonomik performans dönemlerinde benzerlik göstermesine rağmen genellikle ayrıştığı söylenebilir.

Makale detayları

Measuring the Performance of the Turkish Economy in the COVID Period and After with the CRITIC, TOPSIS and MABAC Methods

Yazarlar:

Abdulbaki Pınar | Metin Yıldırım | Savaş Erdoğan

Yayıncı:

Karamanoglu Mehmetbey University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler | Finansal Ekonomi

Dergi:

Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 44, pp.433-449

Belge Tipi:

Makale

Yayın Tarihi:

6/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001291927

pISSN:

2147-7833

Economic Performance

CRITIC

TOPSIS

MABACEkonomik Performans

CRİTİC

TOPSİS

MABAC

Sayı

Makale detayları

Yazarlar: Abdulbaki Pınar | Metin Yıldırım | Savaş Erdoğan

Yayıncı: Karamanoglu Mehmetbey University

Ana Başlıklar: Ekonometrik ve İstatistiksel Yöntemler | Finansal Ekonomi

Dergi: Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 44, pp.433-449

Belge Tipi: Makale

Yayın Tarihi: 6/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001291927

pISSN: 2147-7833

Sayı

Yazarlar:

Abdulbaki Pınar | Metin Yıldırım | Savaş Erdoğan

Yayıncı:

Karamanoglu Mehmetbey University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler | Finansal Ekonomi

Dergi:

Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 44, pp.433-449

Belge Tipi:

Makale

Yayın Tarihi:

6/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001291927

pISSN:

2147-7833