The Impact of Political Instability on Budget Balance: The Case of Turkey

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dc.contributor.authorCangir, Niyazi
dc.contributor.authorTuran, Taner
dc.date.accessioned2025-01-06T17:36:45Z
dc.date.available2025-01-06T17:36:45Z
dc.date.issued2014
dc.description.abstractThis 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.
dc.identifier.endpage267
dc.identifier.issn1300-3623
dc.identifier.issue166
dc.identifier.startpage243
dc.identifier.urihttps://hdl.handle.net/20.500.14669/1992
dc.identifier.wosWOS:000420281900015
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.language.isotr
dc.publisherMaliye Bakanligi
dc.relation.ispartofMaliye Dergisi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241211
dc.subjectBudget Balance
dc.subjectPolitical Instability
dc.subjectPolitical Instability Index
dc.subjectGMM
dc.titleThe Impact of Political Instability on Budget Balance: The Case of Turkey
dc.typeArticle

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