Effects of privatization incomes on the economic growth: Turkey sample (1986-2016) Cover Image

Özelleştirme gelirlerinin ekonomik büyüme üzerindeki etkileri: Türkiye örneği (1986-2016)
Effects of privatization incomes on the economic growth: Turkey sample (1986-2016)

Author(s): Ömer Yalçınkaya, Şekip Yazgan
Subject(s): Supranational / Global Economy, Labor relations, Economic development, Financial Markets, Socio-Economic Research
Published by: Rating Academy
Keywords: Economic Growth; Privatization Incomes; New Generation Time Series Analysis; Turkey Economy;

Summary/Abstract: The subject of this study is the indirect effects of the incomes obtained from privatization applications in Turkey economy on the economic growth by effecting the budget position and/or financial behavior of the public. In this research, since the privatization applications have gained intensity and their effectiveness are started to be discussed, it is aimed to empirically analyze whether the privatization incomes affect the economy of Turkey as is predicted in the theoretical framework. The alternative models established in this study to determine the impacts of the privatization revenues on the economic growth performance of Turkey economy are estimated within the scope of new generation time series analysis methodology for the period of 1986-2016. It is found at the end of the study that the effects of the privatization incomes represented by the variables which are both measured as absolute and relative on the economic growth are negatively and/but statistically insignificant. These conclusions reveal that the revenues obtained from the privatization applications have no impact on economic growth performance of Turkey economy as of the investigation period. These results which are accordant with the legal structure arranges the principles of usage of privatization incomes in Turkey confirm that the privatization incomes are not capable of to create the effects of the theoretical framework on the economic growth performance of Turkey economy as of the sampling period.

  • Issue Year: 4/2017
  • Issue No: 4
  • Page Range: 157-178
  • Page Count: 22
  • Language: Turkish