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Özel Sektör Dengesinin Hükümet Bütçesi Üzerindeki Etkisi: Ampirik Bir İnceleme

Year 2016, , 15 - 30, 01.04.2016
https://doi.org/10.33203/mfy.312130

Abstract

Bu çalışmanın amacı, Türkiye’de özel sektör dengesinin hükümet

bütçesi üzerindeki etkisini büyüme oranı, finans hesabı dengesi

ve hanehalkı tüketim harcamalarını kullanarak incelemektir.

Bu kapsamda ARDL yaklaşımı kullanılmıştır. Bulgular özel sektör

dengesinin, hükümet bütçesi dengesi üzerinde anlamlı bir etkide

bulunmadığını göstermektedir. Finans hesabı dengesinin, hükümet

bütçe dengesini uzun ve kısa dönemde önemli biçimde etkileyen

tek değişken olduğu sonucuna ulaşılmaktadır.

References

  • Abdih Y., Lopez-Murphy P., Roitman A., and Sahay R. 2010. The cyclicality of fiscal policy in the Middle East and Central Asia: Is the current crisis different?. IMF Working Paper, WP/10/68. Acaravcı, A., and Öztürk, İ. 2008. Twin deficits phenomenon: Empirical evidence from the ARDL bound test approach for Turkey. International Journal of Statistics & Economics, 2(8), 57-64. Akbaş, Y. E., Lebe, F., and Zeren, F. 2014. Testing the validity of the triplet deficit hypothesis for Turkey: Asymmetric causality analysis. Journal of Business and Economics, 7(14), 137-154. Aksu, H., and Başar, S. 2009. Türkiye için ikiz açıklar hipotezinin tahmini: Bir sınır testi yaklaşımı. Ankara Üniversitesi SBF Dergisi, 64(4), 1-14. Alesina, A., Campante, F., and Tabellini, G. 2008. Why is fiscal policy often procyclical?. Journal of the European Economic Association, 6(5), 1006- 1036. Aristovnik, A., and Djurić, S. 2010. Twin deficits and the Feldstein-Horioka puzzle: A comparison of the EU member states and candidate countries. Munich Personal RePEc Archive, No: 24149. Barro, R. 1974. Are government bonds net wealth?. Journal of Political Economy, University of Chicago Press, 82(6), 1095-1117. Barro, R. 1989. The Ricardian approach to budget deficits. Journal of Economic Perspectives, American Economic Association, 3(2), 37-54. Ciumas, C., Vaidean, V., and Karsai, Z. 2012. Implications of private sector behavior on public finance sector. Procedia Economics and Finance, 3, 152-157. Çatık, A. N., Gök, B., and Akseki, U. 2015. A nonlinear investigation of the twin deficits hypothesis over the business cycle: Evidence from Turkey. Economic Systems, 39(1), 181-196. Engle, R. F. and Granger, C. W. J. 1987. Co-integration and error correction: Representation, estimation and testing. Econometrica, 55(2), 251-276.

The Effect Of Private Sector Balance On Government Budget: An Empirical Examination

Year 2016, , 15 - 30, 01.04.2016
https://doi.org/10.33203/mfy.312130

Abstract

This paper aims to examine the effect of private sector balance

(PSB) on government budget balance (BD) in Turkey by using

growth rate (GE), financial account balance (FA), and household

consumption expenditures (CH). In this context, ARDL approach is

employed. Findings suggest that PSB does not have a significant

effect on BD. FA has been found to be the only variable which has

a significant effect on BD in both the long and short run.

References

  • Abdih Y., Lopez-Murphy P., Roitman A., and Sahay R. 2010. The cyclicality of fiscal policy in the Middle East and Central Asia: Is the current crisis different?. IMF Working Paper, WP/10/68. Acaravcı, A., and Öztürk, İ. 2008. Twin deficits phenomenon: Empirical evidence from the ARDL bound test approach for Turkey. International Journal of Statistics & Economics, 2(8), 57-64. Akbaş, Y. E., Lebe, F., and Zeren, F. 2014. Testing the validity of the triplet deficit hypothesis for Turkey: Asymmetric causality analysis. Journal of Business and Economics, 7(14), 137-154. Aksu, H., and Başar, S. 2009. Türkiye için ikiz açıklar hipotezinin tahmini: Bir sınır testi yaklaşımı. Ankara Üniversitesi SBF Dergisi, 64(4), 1-14. Alesina, A., Campante, F., and Tabellini, G. 2008. Why is fiscal policy often procyclical?. Journal of the European Economic Association, 6(5), 1006- 1036. Aristovnik, A., and Djurić, S. 2010. Twin deficits and the Feldstein-Horioka puzzle: A comparison of the EU member states and candidate countries. Munich Personal RePEc Archive, No: 24149. Barro, R. 1974. Are government bonds net wealth?. Journal of Political Economy, University of Chicago Press, 82(6), 1095-1117. Barro, R. 1989. The Ricardian approach to budget deficits. Journal of Economic Perspectives, American Economic Association, 3(2), 37-54. Ciumas, C., Vaidean, V., and Karsai, Z. 2012. Implications of private sector behavior on public finance sector. Procedia Economics and Finance, 3, 152-157. Çatık, A. N., Gök, B., and Akseki, U. 2015. A nonlinear investigation of the twin deficits hypothesis over the business cycle: Evidence from Turkey. Economic Systems, 39(1), 181-196. Engle, R. F. and Granger, C. W. J. 1987. Co-integration and error correction: Representation, estimation and testing. Econometrica, 55(2), 251-276.
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Details

Journal Section Articles
Authors

Taner Turan

Orhan Emre Elma

Publication Date April 1, 2016
Submission Date May 12, 2017
Published in Issue Year 2016

Cite

APA Turan, T., & Elma, O. E. (2016). Özel Sektör Dengesinin Hükümet Bütçesi Üzerindeki Etkisi: Ampirik Bir İnceleme. Maliye Ve Finans Yazıları(105), 15-30. https://doi.org/10.33203/mfy.312130

Dergi özellikle maliye, finans ve bankacılık alanlarında faaliyet göstermektedir.