TÜRKİYE’DE SOSYAL HARCAMALAR VE EKONOMİK BÜYÜME İLİŞKİSİ: ARDL SINIR TESTİ YAKLAŞIMI
With the expansion of welfare state understanding, social expenditure and its effects on economic growth and development has become one of the much discussed issues. It is claimed that economic intervention of the goverment with puplic expenditure by applying Keynesian economic policies following...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Adil AKINCI
2021-12-01
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| Series: | Ekonomi Maliye İşletme Dergisi |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/2126917 |
| Summary: | With the expansion of welfare state understanding, social expenditure and its effects on economic growth and development
has become one of the much discussed issues. It is claimed that economic intervention of the goverment with puplic
expenditure by applying Keynesian economic policies following the 1929 economic depression boosted total demand and
had an impact on economic growth. This study analyses the relationship between economic growth and social expenditure
in Turkey between 1988 and 2018 by means of ARDL Bounds Test approach. According to the study results, there is a
long-term cointegration relationship between the two variables. 1 % increase in social expenditure causes 12 % increase
in economic growth. |
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| ISSN: | 2667-4378 |