Erdal ABDULHAKİMOĞULLARI, Muhlis BAĞDİGEN

Borç Servisi İle Kamu Gelir ve Harcamaları Arasındaki İlişkinin Ampirik Bir Analizi: Türkiye Örneği

Borçlanma, kamu harcamalarının finansmanı ve içinde bulunulan sosyo-ekonomik şartların gerektirdiği önlemleri almak için verginin bir alternatifi olarak sıkça başvurulan bir araçtır. Bununla birlikte, borcun geri ödeme zamanında ekonomi üzerinde önemli etkilere sahiptir. Türkiye'de de borçlanma sıkça başvurulan bir araç olup, bu çalışmada borç anapara ve faizlerinin ödenmesini ifade eden borç servisinin kamu gelir ve harcama kanadı açısından olası etkileri ampirik olarak irdelenmektedir. 1980-2003 yıllarını kapsayan bu çalışma ile elde edilen bulgularla borç servisi ile kamu gelirleri arasında aynı yönde ve istatistiksel olarak anlamlı bir ilişki tespit edilmiştir. Kamu harcamaları açısından ise istatistiksel olarak anlamlı olmayan ters yönlü bir ilişki tespit söz konusudur.

An Empirical Analysis of Relation Between Debts Service and Public Reveue and Public Expenditures: the Turkish Case

As an alternative to tax, borrowing is more often applied as a fiscal tool to finance public expenditures and take precautions against socio-economics conditions of economy. However, in the case of borrowing it has necessary effects on economy during the period of debt servicing. Since, borrowing is frequently applied tool in Turkey, this study analyzes its effects on public expenditures and revenues. The findings based on the period of 1980-2003 show that there is statistically significant and same way relation between debt servicing and public revenues. Considering public expenditures, it is, however, found statistically insignificant but reverse relation between debt servicing and public expenditures.

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