Devlet Harcamaları ve Gelirleri Arasındaki İlişki: Doğrusal Olmayan Sınır Testi Yaklaşımı (NARDL)

Year 2018, , 33 - 48, 30.04.2018

Taner Turan , Mesut Karakaş

https://doi.org/10.17233/sosyoekonomi.2018.02.02

Cited By: 4

Abstract

Bu çalışmada Türkiye’de merkezi yönetim faiz dışı harcama ve gelirleri arasındaki ilişki Doğrusal Olmayan Sınır Testi yaklaşımı (NARDL) ve 1998:Ç1-2016:Ç4 dönemi verileri kullanılarak incelenmektedir. Bu yaklaşım gelir ve harcamalardaki pozitif ve negatif şokların ayrıştırılması ve analiz edilmesine, asimetrik bir etki olup olmadığının incelenmesine olanak vermektedir. Ampirik bulgularımız uzun dönemde faiz dışı harcamalardaki pozitif bir şokun gelirlerin artmasına, gelirlerdeki bir pozitif (negatif) şokun ise faiz dışı harcamaların artmasına (düşmesine) neden olduğunu göstermektedir. Bu nedenle incelenen dönemde Türkiye’de genel olarak mali senkronizasyon hipotezinin desteklendiği, ayrıca uzun dönemde gelirlerdeki değişikliklerin faiz dışı harcamalar üzerinde asimetrik bir etkide bulunduğu sonucuna ulaşılmaktadır.

Keywords

Asimetri, Mali Senkronizasyon, Harcama-Gelir İlişkisi, Vergile-Harca

The Relationship between Government Spending and Revenue: Nonlinear Bounds Testing Approach (NARDL)

Abstract

This paper examines the relationship between the central government spending (excluding interest payments) and revenue by means of Nonlinear Bounds Testing approach for 1998:Q1-2016:Q4 period. This approach enables us to make a distinction between the positive and negative shocks. Our empirical findings indicate that a positive change in the government spending has a positive impact on the revenue while the positive (negative) changes in the revenue lead to an increase (decrease) in the government spending in the long run. This supports the presence of fiscal synchronization hypothesis in Turkey. Moreover, it seems that there exists an asymmetric effect of changes in the revenue on the government spending in the long run.

Keywords

Asymmetry, Fiscal Synchronization, Spend-Revenue Nexus, Taxspend

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