The Impact of Political Instability on Budget Balance: The Case of Turkey
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Tarih
2014
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Maliye Bakanligi
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study examines the effects of political instability on budget balance in Turkey using annual data for the period of 1955-2012. The study uses indicators of political instability and political instability index, which is constructed by principal component method. The OLS and GMM estimation results indicate that government instability has a negative and significant effect on budget balance. Similar results are obtained for the political instability index. In contrast, estimation results about variables reflecting social unrest and political violence are negative as expected, but not statistically strong.
Açıklama
Anahtar Kelimeler
Budget Balance, Political Instability, Political Instability Index, GMM
Kaynak
Maliye Dergisi
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
Sayı
166
