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Milli Eğitim Bakanlığı Bütçe Tahminlerinin Doğruluk İlkesi Açısından Değerlendirilmesi

Author

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  • Sibel ÖZCAN
  • Mustafa Umur TOSUN

Abstract

Education expenditure has a significant role in the strengthening of the economy. Therefore, this kind of expenditure has great importance for both politicians and bureaucrats as well as society in general. In this study, the accuracy of the expenditure budget estimates which made by MoE for the period 1924-2012 was examined. For the assessment of accuracy we calculate forecast error, Theil’s inequality coefficient and test the forecast’s rationality. As a result we see that the estimations of initial allowances are under forecasted while the final allowances are over forecasted and final allowance estimates are more accurate than initial allowances.

Suggested Citation

  • Sibel ÖZCAN & Mustafa Umur TOSUN, 2014. "Milli Eğitim Bakanlığı Bütçe Tahminlerinin Doğruluk İlkesi Açısından Değerlendirilmesi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 22(22).
    • Handle: RePEc:sos:sosjrn:140217
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    More about this item

    Keywords

    Forecast Error; Theil’s Inequality Coefficient; Rational Expectation.;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

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