Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/7536
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dc.contributor.authorCebi, Cem-
dc.contributor.authorÖzlale, Ümit-
dc.date.accessioned2021-09-11T15:57:40Z-
dc.date.available2021-09-11T15:57:40Z-
dc.date.issued2012en_US
dc.identifier.issn1300-610X-
dc.identifier.urihttps://doi.org/10.3848/iif.2012.310.3200-
dc.identifier.urihttps://hdl.handle.net/20.500.11851/7536-
dc.description.abstractStructural Budget Balance and Fiscal Stance in Turkey This study comes up with a measure of the structural budget balance for the Turkish economy between 2006-2010 in order to assess fiscal stance and evaluate the sensitivity of the budget balance with respect to the business cycles. Calculating structural budget balance requires three steps: Firstly, the elasticity of budget items with respect to the gross domestic product is estimated. Secondly potential output and the corresponding output gap series are obtained. Finally, structural budget balance is calculated. The findings of the study can be summarized as follows: The weighted tax elasticity is estimated to be 1.07. We find that the share of primary structural budget surplus in the GDP has decreased in the recent years. On the other hand, fiscal policy can be described as pro-cyclical in 2007, counter-cyclical in 2009 and a cyclical in 2008 and 2010. It is observed that fiscal authority gave more importance to economic stabilization in 2009 due to global financial crises.en_US
dc.language.isotren_US
dc.publisherBilgesel Yayincilik San & Tic Ltden_US
dc.relation.ispartofIktisat Isletme Ve Finansen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectFiscal Policyen_US
dc.subjectStructural Budget Balanceen_US
dc.subjectFiscal Stanceen_US
dc.titleStructural Budget Balance and Fiscal Stance in Turkeyen_US
dc.typeArticleen_US
dc.departmentFaculties, Faculty of Economics and Administrative Sciences, Department of International Entrepreneurshipen_US
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, Uluslararası Girişimcilik Bölümütr_TR
dc.identifier.volume27en_US
dc.identifier.issue310en_US
dc.identifier.startpage9en_US
dc.identifier.endpage38en_US
dc.identifier.wosWOS:000302968600001en_US
dc.institutionauthorÖzlale, Ümit-
dc.identifier.doi10.3848/iif.2012.310.3200-
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.grantfulltextnone-
item.fulltextNo Fulltext-
item.openairetypeArticle-
item.cerifentitytypePublications-
item.languageiso639-1tr-
crisitem.author.dept04.02. Department of International Entrepreneurship-
Appears in Collections:Uluslararası Girişimcilik Bölümü / Department of International Entrepreneurship
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection
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