Kamu Borcunun Ekonomik Büyüme Üzerindeki Etkisi: Türkiye Örneği
Özet
The effect of borrowing, which has increased in recent years and has
become an almost normal source of income for the public, has had an
impact on macroeconomic variables, especially growth, and has been an
interesting issue and a considerable literature has been formed on this subject. In this study, however, theoretical and empirical aspects of the relationship between the two
variables were taken independently from each other, and the issue was
only explained on the basis of one of them. In this study, it is aimed
to present the impact of public debt on growth, both on economic
reasons which are revealed in theoretical studies as applicable to
Turkey and suggested empirical studies. As a result of the analysis carried out in the light of indicators, it was concluded that public debt in Turkey after 2000 had both positive and negative consequences and the final outcome is dependent on the
relative position of these two influences. The empirical study
conducted to analyze the direction of the final effect, which is the
dominant effect, concluded that total public debt has a positive
effect on growth in the long run.