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Journals / Business and Economics Research Journal / 2021 / Cilt: 12 - Sayı: 3

The Impact of Public Capital Stock on Regional Income in Turkey

Türkiye’de Kamu Sermaye Stokunun Bölgesel Çıktı Üzerine Etkileri

Merve SİRETLİ
Metin KARADAĞ
Pages
523–535
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In addition, the results of the study show that; public capital stock increases regional output although the amounts are different for each NUTS-2 region.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The effects of public capital stock on reducing regional disparities and on regional economic growth process have been studied in the literature in recent years.
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Key Findings & Data:Regarding Turkey, there are large disparities in regional growth rates and thus studying the effects of public capital stock on regional economic growth gains importance.
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Conclusion & Impact:In addition, the results of the study show that; public capital stock increases regional output although the amounts are different for each NUTS-2 region.
🔬Design:Research Article
📍Scope:2007-2014 Verileri
⚙️Variables:Domain Parameters

Abstract

The effects of public capital stock on reducing regional disparities and on regional economic growth process have been studied in the literature in recent years. Regarding Turkey, there are large disparities in regional growth rates and thus studying the effects of public capital stock on regional economic growth gains importance. Hence, the main aim of this study is to investigate the impact of public capital stock on regional economic growth. For the aim of the study, we use panel data analysis by using the data set for the time period 2007-2014 at NUTS-2 level. The study uses the real gross domestic product as a dependent variable and private capital stock, labor, public capital stock as an independent variable. The results of the study show that; public capital stock, private capital stock, and labor have a positive and significant effect on regional output. In addition, the results of the study show that; public capital stock increases regional output although the amounts are different for each NUTS-2 region.

Özet

Bölgeler arası farklılıkların azaltılmasında ve bölgelerin ekonomik büyümesüreçlerinde kamu sermaye stokunun etkisi son yıllarda literatürde tartışılmaktadır.Türkiye için bakıldığında da bölgeler arası dengesizliklerin önemli boyutlarda olduğu vebu nedenle kamu sermaye stokunun bölgesel büyüme üzerindeki etkisinin belirlenmesioldukça önem arz etmektedir. Bu çalışmanın temel amacı Türkiye’de kamu sermayestokunun bölgesel büyüme üzerindeki etkilerini incelemektir. Çalışmanın amacıdoğrultusunda 2007-2014 zaman dilimini kapsayan Düzey-2 bölgelerine ait veriler panelveri analiz yöntemiyle tahmin edilmiştir. Bu çalışmada bağımlı değişken olarak reelgayrisafi yurtiçi hasıla, bağımsız değişken olarak ise özel sermaye stoku, işgücü ve kamusermaye stoku verileri kullanılmıştır. Çalışmanın bulguları; kamu sermaye stoku, özelsermaye stoku ve iş gücü değişkenlerinin bölgesel çıktı üzerinde anlamlı ve pozitif biretkiye sahip olduğunu göstermektedir. Ayrıca çalışmanın bulguları, tüm Düzey-2bölgeleri için farklı seviyelerde olmakla birlikte tüm bölgelerde kamu sermaye stokununbölgesel çıktıyı arttırdığını göstermektedir.

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Cite This Article

SİRETLİ, M., KARADAĞ, M. (2021). The Impact of Public Capital Stock on Regional Income in Turkey. Business and Economics Research Journal, Cilt: 12 - Sayı: 3, 523–535. https://ajindex.com/articles/352175

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