Hakan Berument (Bilkent University) Nuray Oguz (Bilkent University)
Abstract
This paper studies the sustainability of the Ottoman budget for the period from 1680 to 1747, during different sultanates and war eras. Moreover, we investigate whether the relationship between government revenues and expenditures changes in the period of culus. The empirical evidence gathered in this paper suggests that during the sample period, except for the sultanate era of Mahmut I, the Ottoman budget was not sustainable. The other interesting result of the study is that culus payments had a significant tax increasing effect. Moreover, the distribution of culus deteriorated the sustainability of budget.
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Publisher Info
Paper provided by Turkish Economic Association in its series Working Papers with number
2004/5.
Find related papers by JEL classification: N43 - Economic History - - Government, War, Law, and Regulation - - - Europe: Pre-1913 N45 - Economic History - - Government, War, Law, and Regulation - - - Asia including Middle East E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy