The Impact of Fiscal Policies on Inclusive Growth in Turkiye

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...

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Main Authors: Özgür Tonus, Bağdat Sıla Avcı
Format: Article
Language:English
Published: Istanbul University Press 2023-01-01
Series:Journal of Economy Culture and Society
Subjects:
Online Access:https://dergipark.org.tr/en/download/article-file/2059468
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author Özgür Tonus
Bağdat Sıla Avcı
author_facet Özgür Tonus
Bağdat Sıla Avcı
author_sort Özgür Tonus
collection DOAJ
description 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.
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institution Kabale University
issn 2645-8772
language English
publishDate 2023-01-01
publisher Istanbul University Press
record_format Article
series Journal of Economy Culture and Society
spelling doaj-art-26fc40f8b0f84b5fb888d9fa5e951a432025-02-04T10:17:03ZengIstanbul University PressJournal of Economy Culture and Society2645-87722023-01-016629330610.26650/JECS2021-10180554The Impact of Fiscal Policies on Inclusive Growth in TurkiyeÖzgür Tonus0https://orcid.org/0000-0003-0950-3328Bağdat Sıla Avcıhttps://orcid.org/0000-0002-9622-5794ANADOLU ÜNİVERSİTESİCountries 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.https://dergipark.org.tr/en/download/article-file/2059468kapsayıcı büyümemaliye politikalarıkapsayıcı büyüme endeksiinclusive growthfiscal policiesinclusive growth indexinclusive growthfiscal policiesinclusive growth index
spellingShingle Özgür Tonus
Bağdat Sıla Avcı
The Impact of Fiscal Policies on Inclusive Growth in Turkiye
Journal of Economy Culture and Society
kapsayıcı büyüme
maliye politikaları
kapsayıcı büyüme endeksi
inclusive growth
fiscal policies
inclusive growth index
inclusive growth
fiscal policies
inclusive growth index
title The Impact of Fiscal Policies on Inclusive Growth in Turkiye
title_full The Impact of Fiscal Policies on Inclusive Growth in Turkiye
title_fullStr The Impact of Fiscal Policies on Inclusive Growth in Turkiye
title_full_unstemmed The Impact of Fiscal Policies on Inclusive Growth in Turkiye
title_short The Impact of Fiscal Policies on Inclusive Growth in Turkiye
title_sort impact of fiscal policies on inclusive growth in turkiye
topic kapsayıcı büyüme
maliye politikaları
kapsayıcı büyüme endeksi
inclusive growth
fiscal policies
inclusive growth index
inclusive growth
fiscal policies
inclusive growth index
url https://dergipark.org.tr/en/download/article-file/2059468
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AT bagdatsılaavcı impactoffiscalpoliciesoninclusivegrowthinturkiye