Mali Disiplini Sağlamada Mali Kurallar: Gelişmiş ve Gelişmekte Olan Ülkeler İçin Ekonometrik Bir Uygulama

Yıl 2019, Cilt: 1 Sayı: 4, 415 - 432, 18.12.2019

Mehtap Karayazı , Seyhan Taş

https://doi.org/10.38009/ekimad.648771

Cited By: 1

Öz

Mali kurallar, mali disiplini sağlamak
amacıyla kamu maliyesinin özet göstergeleri olarak kabul edilen harcama, borç,
gelir ve bütçe açıkları üzerine getirilen sayısal kısıtlamalardan oluşmaktadır.
Mali kurallar 1970’li yıllardan sonra, artan kamu borçları ve bütçe açıklarını
kontrol etmek amacıyla tartışılmaya başlanmış ve 1990’lı yıllardan itibaren
hızla yayılmıştır. Bu çalışmada mali kuralların mali disiplini sağlamadaki rolü
incelenmiştir. Çalışma ulusal ölçekte sayısal mali kural uygulayan 31 gelişmiş
ülke ile 35 gelişmekte olan ülkeyi kapsamaktadır. Çalışma dönemi 1985-2015
olarak belirlenmiştir. Analiz için dengesiz panel veri yöntemi kullanılmıştır. Çalışma
sonuçlarına göre mali kurallar gelişmiş ülkelerde mali disiplini olumlu yönde
etkilemektedir. Gelişmiş ülkelerin mali yapıları ve kapsamlı kurumsal
düzenlemeleri mali kuralların pozitif etkisini artırmaktadır. Gelişmekte olan
ülkelerde ise bu etki zayıf ya da negatiftir.  

Anahtar Kelimeler

mali kural, mali disiplin, maliye politikası

Fiscal Rules in Providing Fiscal Discipline: An Econometric Practice for Developed and Developing Countries

Öz

Fiscal
rules consist of numerical constraints on expenditure, debt, income and budget
deficits which are considered as summary indicators of public finance in order
to ensure fiscal discipline. Fiscal rules began to be discussed after 1970s in
order to control rising public debts and budget deficits and spread rapidly
since the 1990s. In this study, the role of fiscal rules in ensuring fiscal
discipline is examined. The study covers 31 developed countries and 35
developing countries applying numerical fiscal rules at national scale. The
study period was determined as 1985-2015. Unbalanced panel data method was used
for analysis. According to the results of the study, fiscal rules positively
affect fiscal discipline in developed countries. The financial structures and
comprehensive institutional arrangements of developed countries increase the
positive effect of fiscal rules. In developing countries, this effect is weak
or negative.

Anahtar Kelimeler

Fiscal Discipline, Fiscal Rule, Fiscal Policy.

Kaynakça

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