The Accelerator Effect of Public and Private Consumption Expenditures

Öz

In this study, the change created by public and private consumption expenditures on total investments in Turkey during the period 2003:Q1-2018:Q2 was examined by time series analysis methods using Autoregressive Distributed Lag Model (ARDL). As a result of the findings obtained, it was determined that there is a long-term relationship between private consumption expenditures and investment expenditures and that 1% increase in private consumption expenditures in the long-term will cause 2.06% increase in investments. On the other hand, it was determined that there is longterm relationship between public consumption expenditures and investment expenditures and that 1% increase in public consumption expenditures in the long-term will cause 0.86% decrease in investments

Anahtar Kelimeler

• Accelerator, Accelerator Effect, ARDL

Kamu ve Özel Tüketim Harcamalarının Hızlandıran Etkisi

Öz

Bu çalışmada Türkiye’de 2003:Q1-2018:Q2 döneminde kamu ve özel tüketim harcamalarının toplam yatırımlar üzerinde yarattığı değişim, zaman serisi analizi yöntemlerinden Otoregresif Dağıtılmış Gecikme Modeli (ARDL) ile incelenmiştir. Elde edilen bulgular neticesinde, özel tüketim harcamaları ile yatırım harcamaları arasında uzun dönemli bir ilişki olduğu, ayrıca uzun dönemde özel tüketim harcamalarında meydana gelecek %1’lik bir artışın yatırımlar üzerinde %2.06’lık artışa neden olacağı tespit edilmiştir. Diğer taraftan, kamu tüketim harcamaları ile yatırım harcamaları arasında uzun dönemli bir ilişki olduğu, ayrıca uzun dönemde kamu tüketim harcamalarında meydana gelecek %1’lik bir artışın yatırımlar üzerinde %0.86’lık azalışa neden olacağı tespit edilmiştir.

Anahtar Kelimeler

• Hızlandıran, Hızlandıran Etkisi, ARDL

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