Budget Deficits and Democracy: The Case of Turkey

Hakan HOTUNLUOĞLU; Recep TEKELİ

Article Details

Budget Deficits and Democracy: The Case of Turkey

Authors:

Hakan HOTUNLUOĞLU | Recep TEKELİ

Publisher:

Sosyoekonomi Society

Journal:

Sosyoekonomi 2013 Vol.19 Issue 19

Document Type:

Article

Publication Date:

5/2013

Document Language:

English

Document ID (Org No.):

2000624337

Frequency:

Quarterly

pISSN:

1305-5577

Abstract:

 


There is a vast body of literature on the political economy of budget deficits. These studies used different models to explain the political motivations behind budget deficits. There are some studies to explain the budget deficit in developed countries and assume that budget deficit is an expected outcome of fiscal policy in democratic countries. However, the studies have come to conclusion before analyzing whether the democracy affects budget deficit or not.  To our knowledge there have not been many studies to explain whether the level of a country’s democracy affects budget deficits or not. In this paper, we will show a country’s level of democracy has a positive effect on budget deficit using a single country: Turkey.

.

 


There is a vast body of literature on the political economy of budget deficits. These studies used different models to explain the political motivations behind budget deficits. There are some studies to explain the budget deficit in developed countries and assume that budget deficit is an expected outcome of fiscal policy in democratic countries. However, the studies have come to conclusion before analyzing whether the democracy affects budget deficit or not.  To our knowledge there have not been many studies to explain whether the level of a country’s democracy affects budget deficits or not. In this paper, we will show a country’s level of democracy has a positive effect on budget deficit using a single country: Turkey.

.

Article Details

Budget Deficits and Democracy: The Case of Turkey

Authors: Hakan HOTUNLUOĞLU | Recep TEKELİ

Publisher: Sosyoekonomi Society

Journal: Sosyoekonomi 2013 Vol.19 Issue 19

Document Type: Article

Publication Date: 5/2013

Document Language: English

Document ID (Org No.): 2000624337

Frequency: Quarterly

pISSN: 1305-5577

Issues

Authors:

Hakan HOTUNLUOĞLU | Recep TEKELİ

Publisher:

Sosyoekonomi Society

Journal:

Sosyoekonomi 2013 Vol.19 Issue 19

Document Type:

Article

Publication Date:

5/2013

Document Language:

English

Document ID (Org No.):

2000624337

Frequency:

Quarterly

pISSN:

1305-5577