IDEAS home Printed from https://ideas.repec.org/a/ist/iujecs/v66y2022i0p293-306.html
   My bibliography  Save this article

The Impact of Fiscal Policies on Inclusive Growth in Turkiye

Author

Listed:
  • Bağdat Sıla Avcı

    (Independent Researcher, Eskişehir, Turkiye)

  • Özgür Tonus

    (Anadolu University, Faculty of Economics and Administrative Sciences, Eskişehir, Turkiye)

Abstract

Countries aim to inclusive growth to find a common solution the problems that poverty, income inequality, and unemployment. To boost inclusive growth, policies differ by country but fiscal policies play a crucial role in making growth more inclusive. In this study, five different indices were calculated to measure whether Turkish economic growth was inclusive. After obtaining the result that growth is inclusive, the calculated indices were used as the inclusive growth indicator, and we inquired in which direction the fiscal policies on education, health, social transfers, and taxes affect inclusive growth. Annual data covering the period 2006-2018, and the ARDL method were used to test the relationship between fiscal policies and inclusive growth. We figured out that fiscal policies had different effects on created inclusive growth indices. The results obtained show that public expenditures for health and education have a decreasing effect on inclusive growth indices while social transfers contributed positively to inclusive growth index, two indices were negatively affected by indirect taxes.

Suggested Citation

  • Bağdat Sıla Avcı & Özgür Tonus, 2022. "The Impact of Fiscal Policies on Inclusive Growth in Turkiye," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 66(66), pages 293-306, December.
    • Handle: RePEc:ist:iujecs:v:66:y:2022:i:0:p:293-306
    DOI: 10.26650/JECS2021-1018055
    as

    Download full text from publisher

    File URL: https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/2FE26E69FCCE419A82CAF42C5AF4F652
    Download Restriction: no
    File URL: https://iupress.istanbul.edu.tr/en/journal/jecs/article/the-impact-of-fiscal-policies-on-inclusive-growth-in-turkiye
    Download Restriction: no
    File URL: https://libkey.io/10.26650/JECS2021-1018055?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. David E. Bloom & David Canning & Jaypee Sevilla, 2001. "The Effect of Health on Economic Growth: Theory and Evidence," NBER Working Papers 8587, National Bureau of Economic Research, Inc.
    2. Heshmati, Almas & Kim, Jungsuk & Park, Donghyun, 2014. "Fiscal Policy and Inclusive Growth in Advanced Countries: Their Experience and Implications for Asia," ADB Economics Working Paper Series 422, Asian Development Bank.
    3. Marijn Verhoeven & Mr. Sanjeev Gupta & Mr. Erwin H Tiongson, 2001. "Public Spending on Health Care and the Poor," IMF Working Papers 2001/127, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. UNITA Lucian & STRACIUC Oreste & MAGHIAR T. Traian & BORZA Ciprian Tudor, 2009. "Relationship And Causality Between Economic Growth Rate And Certain Diseases In The European Union," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 478-484, May.
    2. Ms. Lisa L Kolovich & Sakina Shibuya, 2016. "Middle East and Central Asia: A Survey of Gender Budgeting Efforts," IMF Working Papers 2016/151, International Monetary Fund.
    3. Laura Savu & Bogdan Copcea, 2018. "The Relationship Between Healthcare And Growth In Oecd Eastern European Countries," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 92-101, August.
    4. Jerome Creel & Gwenaelle Poilon, 2008. "Is public capital productive in Europe?," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(6), pages 673-691.
    5. Ma. Cristina Fabella, 2008. "Population Growth and Infant Mortality," UP School of Economics Discussion Papers 200810, University of the Philippines School of Economics.
    6. Keith Blackburn & Niloy Bose & M. Emranul Haque, 2011. "Public Expenditures, Bureaucratic Corruption And Economic Development," Manchester School, University of Manchester, vol. 79(3), pages 405-428, June.
    7. Agénor, Pierre-Richard & Bayraktar, Nihal & El Aynaoui, Karim, 2008. "Roads out of poverty? Assessing the links between aid, public investment, growth, and poverty reduction," Journal of Development Economics, Elsevier, vol. 86(2), pages 277-295, June.
    8. Tiago Sequeira, 2004. "Mortality Rate and Property Rights in a Model with Human Capital and R&D," Development and Comp Systems 0408010, University Library of Munich, Germany.
    9. Stefano Mainardi, 2003. "Testing convergence in life expectancies: count regression models on panel data," Prague Economic Papers, Prague University of Economics and Business, vol. 2003(4), pages 350-370.
    10. Natacha Raffin, 2009. "Environmental health and education: Towards sustainable growth," Documents de travail du Centre d'Economie de la Sorbonne 09026, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    11. Christopher Ball & John Creedy & Grant Scobie, 2015. "Long-run Fiscal Projections under Uncertainty: The Case of New Zealand," Treasury Working Paper Series 15/10, New Zealand Treasury.
    12. Mohajan, Haradhan, 2011. "Valuing health impacts of the workers in Bangladesh due to air pollution," MPRA Paper 50697, University Library of Munich, Germany, revised 13 May 2011.
    13. Francesco Ricci & Marios Zachariadis, 2006. "Determinants of Public Health Outcomes: A Macroeconomic Perspective," DEGIT Conference Papers c011_045, DEGIT, Dynamics, Economic Growth, and International Trade.
    14. Esra N. Kilci, 2022. "Can We Increase Health Expenditure Per Capita Through Higher Economic Growth? Empirical Evidence from Turkey," EKOIST Journal of Econometrics and Statistics, Istanbul University, Faculty of Economics, vol. 0(36), pages 137-152, June.
    15. K Blackburn & H Issa, 2002. "Endogenous Life Expectancy in a Simple Model of Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 13, Economics, The University of Manchester.
    16. Karl Claxton & Mark Sculpher & Stuart Carroll, 2011. "Value-based pricing for pharmaceuticals: Its role, specification and prospects in a newly devolved NHS," Working Papers 060cherp, Centre for Health Economics, University of York.
    17. Blackburn, Keith & Forgues-Puccio, Gonzalo F., 2007. "Distribution and development in a model of misgovernance," European Economic Review, Elsevier, vol. 51(6), pages 1534-1563, August.
    18. Richard S.J. Tol, 2002. "Climate, Development And Malaria: An Application Of Fund," Working Papers FNU-16, Research unit Sustainability and Global Change, Hamburg University, revised Sep 2002.
    19. Christopher P. P. Shafuda & Utpal Kumar De, 2020. "Government expenditure on human capital and growth in Namibia: a time series analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-14, December.
    20. Boachie, Micheal Kofi, 2015. "Effect of health on economic growth in Ghana:An application of ARDL bounds test to cointegration," MPRA Paper 67201, University Library of Munich, Germany.

    Corrections

    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:ist:iujecs:v:66:y:2022:i:0:p:293-306. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ertugrul YASAR (email available below). General contact details of provider: https://edirc.repec.org/data/ifisttr.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.