THE EFFECT OF STRUCTURAL FISCAL REFORMS ON GROWTH IN TURKEY

Abstract

The structural reforms that can be expressed as the restructuring of the existing system for an effective, productive and strong socio-economic structure are one of the most controversial issues today. Structural reforms that vary from country to country according to different reasons have political, social and financial dimensions, in particular economic, and are determinants of macroeconomic variables.  In this study, the effect of structural fiscal reform efforts on economic growth in Turkey has been analyzed based on the financial instruments that are subject to reform. The effect of the fiscal variables on growth is analyzed by regression analysis. The dataset covers January 2006 and December 2017 period. The study results show that structural reforms which refer to revenue can accelerate to grow rather than the structural reforms of the expenditures.

Keywords

• Structural Fiscal Reforms,Turkey,Growth,Regression Analysis

TÜRKİYE’DE YAPISAL MALİ REFORMLARIN BÜYÜME ÜZERİNE ETKİSİ

Öz

Etkin, verimli ve güçlü bir sosyo-ekonomik yapı için mevcut sistemin yeniden yapılandırılması olarak ifade edilebilecek yapısal reformlar günümüzde en çok tartışılan konulardan biridir. Ülkeden ülkeye farklı nedenlere göre çeşitlilik arz eden yapısal reformların başta ekonomik olmak üzere siyasi, sosyal ve mali boyutları bulunmakta ve makroekonomik değişkenler üzerinde belirleyici olmaktadır. Bu çalışmada, Türkiye’de yapısal mali reform çabalarının ekonomik büyüme üzerinde bir etki yaratıp yaratmadığı, reforma konu olan mali araçlar baz alınarak analiz edilmiştir. Belirlenen mali değişkenlerin büyüme üzerindeki etkisi regresyon analizi ile test edilmiştir. Veri seti 2006 Ocak ve 2017 Aralık dönemini kapsamaktadır. Analiz sonuçları, Türkiye’de giderlere yönelik yapılacak reformların aksine gelirlere yönelik yapılacak reformların büyümeyi hızlandıracağını göstermektedir.

Anahtar Kelimeler

• Yapısal Mali Reformlar,Türkiye,Büyüme

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