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