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Journals / Alanya Akademik Bakış / 2020 / Cilt: 4 - Sayı: 3

Nexus between Globalization and Public Expenditure Components: Case of EU Countries

Küreselleşme ve Kamu Harcamaları Bileşenleri Arasındaki İlişki: AB Ülkeleri Örneği

Müge MANGA
Orhan CENGİZ
Pages
807–819
Publication Date
2022-10-12
DOI
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AI Summary & Key Takeaways

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

Using by panel ARDL method over the years between 2001 and 2017, results show that while globalization positively affects public order and safety, education, health and social protection expenditures, negatively affects general public services and defense expenditures.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Privatizations were accelerated to reduce share of state in economy and to activate market mechanism since 1980s.
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Key Findings & Data:Thereby, globalization has exposed countries options that reducing public sector and expanding markets, on the other hand, liberalizing policies that are applied in the economic and financial fields, especially in tax competition to adapt globalization bring significant burdens on public budget and affect composition of public expenditures significantly.
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Conclusion & Impact:Using by panel ARDL method over the years between 2001 and 2017, results show that while globalization positively affects public order and safety, education, health and social protection expenditures, negatively affects general public services and defense expenditures.
🔬Design:Research Article
📍Scope:2001 Verileri
⚙️Variables:Domain Parameters

Abstract

Privatizations were accelerated to reduce share of state in economy and to activate market mechanism since 1980s. Thereby, globalization has exposed countries options that reducing public sector and expanding markets, on the other hand, liberalizing policies that are applied in the economic and financial fields, especially in tax competition to adapt globalization bring significant burdens on public budget and affect composition of public expenditures significantly. From this point of opinion, impact of globalization on general public services, defense expenditures, public order and safety, education, health and social protection expenditures which are sub-components of public expenditures is examined for 28 EU countries. Using by panel ARDL method over the years between 2001 and 2017, results show that while globalization positively affects public order and safety, education, health and social protection expenditures, negatively affects general public services and defense expenditures.

Özet

1980’lerden itibaren devletin ekonomideki payının azaltılması ve piyasa mekanizmasına işlerlik kazandırılması amacıyla özelleştirmelere hız verilmiştir. Küreselleşme bir yandan, ülkeleri kamu sektörünün payını azaltma ve piyasaları genişletme seçeneği ile karşı karşıya bırakırken diğer taraftan küreselleşmeye uyum sağlamak amacıyla vergi rekabeti başta olmak üzere ekonomik ve mali alanda yapılan serbestleştirici politikalar kamu bütçesine önemli yükler getirmekte ve kamu harcamalarının kompozisyonunu önemli derecede etkilemektedir. Bu düşünceden hareketle 28 AB ülkesi için küreselleşmenin kamu harcamalarının alt bileşenleri olan genel kamu hizmetleri, savunma harcamaları, kamu düzeni ve güvenlik, eğitim, sağlık ve sosyal koruma harcamaları üzerindeki etkisi incelenmiştir. Panel ARDL yönetimi kullanılarak 2001-2017 dönemi verileriyle yapılan analiz sonuçlarına göre küreselleşme, kamu düzeni ve güvenlik, eğitim, sağlık ve sosyal koruma harcamalarını pozitif yönde etkilerken genel kamu hizmetleri ve savunma harcamalarını ise negatif yönde etkilemektedir.

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Cite This Article

MANGA, M., CENGİZ, O. (2022). Nexus between Globalization and Public Expenditure Components: Case of EU Countries. Alanya Akademik Bakış, Cilt: 4 - Sayı: 3, 807–819. https://ajindex.com/articles/434806

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