THE IMPACTS OF REGIONAL PUBLIC POLICIES ON EFFICIENCY IN TURKEY

Abstract

This study empirically examines the role of government policies on regional efficiency/productivity in Turkey, with the emphasis on the effects of two major policy instruments: investment subsidy and public investment. Moreover, it investigates whether these public policies are subject to an equity-efficiency tradeoff. To this end, the study models the technical inefficiency component of total factor productivity that embodies these policy variables within the framework of a stochastic production frontier analysis. The results suggest that the policy tools are both successful in reducing technical inefficiencies and thus bring about an increased productivity in provincial manufacturing sector. The findings also show that the regional policies have a positive but negligible impact on the efficiency of the provinces with low performance while their efficiency impact is the highest on the provinces with medium performance, a result that points to the presence of an equity-efficiency tradeoff.

Keywords

• Investment subsidy, public investment, technical efficiency, regional development

TÜRKİYE’DE BÖLGESEL KAMU POLİTİKALARININ ETKİNLİK ÜZERİNE ETKİLERİ

Abstract

Bu çalışma yatırım teşvikleri ve kamu yatırımları gibi iki önemli kamu politikasının Türkiye’de bölgesel etkinlik/verimlilik üzerine etkilerini ampirik olarak incelemektedir. Bunula birlikte çalışmada, kamu politikalarının eşitlik-etkinlik ödünlemesine maruz kalıp kalmadığı araştırılmaktadır. Bu amaçla çalışma, stokastik üretim sınırı analizi çerçevesinde, teknik etkinlik bileşenini kamu politikalarının etkilerini içerecek şekilde modellemektedir. Bulgular, her iki kamu politikasının teknik etkinsizliği azaltıcı nitelikte rol oynadığını ve dolayısıyla il bazında imalat sektörünün verimliliğine olumlu katkılar sunduğunu göstermektedir. Bununla birlikte bulgular, kamu politikalarının düşük performanslı illerde düşük, orta performanslı illerde ise en yüksek etkinlik etkileri olduğunu ortaya koymaktadır. Bu ise, kamu politikalarının eşitlik-etkinlik ödünlemesine maruz kaldığına işaret etmektedir.

Keywords

• Yatırım teşvikleri, kamu yatırımları, teknik etkinlik, bölgesel kalkınma

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