IDEAS home Printed from
   My bibliography  Save this article

Dette publique et investissements prives : le cas de la Turquie


  • Burak Gürbüz
  • Marc Raffinot


L'effet de la dette sur l'investissement prive est theoriquement indetermine. En effet, selon la theorie, le lien entre la dette et l'investissement prive peut aussi bien etre negatif (effet d'eviction) que positif (effet accelerateur sur la croissance economique et donc sur l'investissement prive). Cet article consiste a identifier la nature de ce lien dans le cas de la Turquie sur la periode 1963-2000. Il estime cette relation sur deux periodes : 1963-98 et 1988-2000, compte tenu du developpement d'un marche financier domestique qui a permis de remplacer en partie la dette publique exterieure par une dette interieure. Ces estimations donnent deux effets distincts : la dette externe a un effet positif sur les investissements prives, tandis que la dette interne exerce un effet d'eviction.

Suggested Citation

  • Burak Gürbüz & Marc Raffinot, 2001. "Dette publique et investissements prives : le cas de la Turquie," Economie Internationale, CEPII research center, issue 86, pages 125-142.
  • Handle: RePEc:cii:cepiei:2001-2tf

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:dau:papers:123456789/4089 is not listed on IDEAS

    More about this item


    Turquie; dette; investissement;

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cii:cepiei:2001-2tf. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.