International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

The Effects of Public Expenditures on Economic Growth: An Empirical Analysis for Turkey
Serkan Künü, Selim Başar

This study focuses on the importance of public spending for countries and whether education, health, defense, current and public investment spending, which are parts of public spending, have effects on Turkish economy. Empirical part of the study includes an application conducted by using annual data for 1970-2012 periods. After analyzing time-series characteristics of the variables using Zivot-Andrews unit-root tests, Pesaran Bound test analysis was applied to test the variables.

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