The Effects of Public Debt on Economic Growth: A Cointegration Analysis for Turkey

dc.contributor.authorTuran, Taner
dc.date.accessioned2025-10-29T11:36:27Z
dc.date.issued2019
dc.departmentGebze Teknik Üniversitesi
dc.description.abstractThis paper examines the effects of public debt on economic growth in Turkey by using ARDL and NARDL approaches. We find that public total debt does not have a significant effect on economic growth in the long run while it has a negative impact in the short run. It seems that public external debt has a significant and positive (negative) effect on economic growth rate in the long (short) run. When we use public domestic debt, quadratic specification for public total debt, and NARDL model, we don't find a cointegration among relevant variables. Finally, we conlcude that investment and credits boost the economic growth.
dc.identifier.endpage27
dc.identifier.issn1300-3623
dc.identifier.issue177
dc.identifier.startpage1
dc.identifier.urihttps://hdl.handle.net/20.500.14854/13249
dc.identifier.wosWOS:000623911900001
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.institutionauthorTuran, Taner
dc.language.isotr
dc.publisherMaliye Bakanligi
dc.relation.ispartofMaliye Dergisi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WOS_20251020
dc.subjectPublic Debt
dc.subjectEconomic Growth
dc.subjectARDL
dc.subjectNARDL
dc.subjectQuadratic Model
dc.titleThe Effects of Public Debt on Economic Growth: A Cointegration Analysis for Turkey
dc.typeArticle

Dosyalar