Yıl 2010, Cilt 9, Sayı 3, Sayfalar 533 - 551 2010-12-01

Optimality of Public Capital in Turkey: A Regional Analysis
Türkiye’de Kamu Sermayesinin Optimalliği: Bölgesel Bir Analiz

Lütfi Erden [1] , Hatice Karaçay Çakmak [2]

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The aim of this study is to empirically investigate whether public capital is provided optimally both at the national and regional levels in Turkey. Our empirical work shows that public capital significantly contributes to the production of private manufacturing sector. Nonetheless, the findings also indicate that marginal productivity of public capital is smaller than that of private capital, suggesting that public capital is over-provided at the national level. At the regional level however, the picture is quite different. While public capital is over-provided for the provinces with high performance in terms of income, it is less-provided for the provinces with low performance. These results may be taken to interpret that there exists no “efficiency vs. equality” trade-off for public investment policy, and thus public investment as a regional policy ought to be used for distributional (equality) purposes in Turkey
Bu çalışmanın amacı, Türkiye‟de, gerek ulusal gerek bölgesel düzeyde, kamu sermayesinin optimal düzeye ulaşıp ulaşmadığını ampirik yöntemlerle irdelemektir. Öncelikli olarak, yaptığımız çalışma, Türkiye‟de kamu sermayesinin özel imalat sektörünün üretimi üzerinde pozitif katkı yarattığını ortaya çıkarmıştır. Ancak, ele aldığımız dönem içinde kamu sermayesinin marjinal verimliliği, özel sektör sermayesinin marjinal verimliliğinden daha düşük çıktığından, tüm ekonomi için kamu sermayesinin optimal düzeyi aştığı sonucuna ulaşılmıştır. Fakat, bu senaryo, bölgesel düzeydeki analizimiz için birebir geçerli olmamaktadır. Yüksek performanslı illerde kamu sermayesi optimal düzeyi aşarken, düşük performanslı illerde kamu sermayesinin optimalin altında sağlandığı tespit edilmiştir. Bu sonuç, uygulanacak kamu yatırım politikalarında “etkinlik-eşitlik açmazı” ile karşı karşıya kalınmayacağına ve dolayısıyla kamu yatırımlarının, bölgesel bir politika aracı olarak eşitlik ilkesi temelinde şekillendirilmesi gerektiğine işaret etmektedir.
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Konular
Diğer ID JA32RD27UA
Dergi Bölümü Makale
Yazarlar

Yazar: Lütfi Erden
Kurum: HACETTEPE ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ

Yazar: Hatice Karaçay Çakmak
Kurum: HACETTEPE ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ

Bibtex @ { jss257059, journal = {Gaziantep University Journal of Social Sciences}, issn = {1303-0094}, eissn = {2149-5459}, address = {Gaziantep Üniversitesi}, year = {2010}, volume = {9}, pages = {533 - 551}, doi = {}, title = {Optimality of Public Capital in Turkey: A Regional Analysis}, key = {cite}, author = {Erden, Lütfi and Karaçay Çakmak, Hatice} }
APA Erden, L , Karaçay Çakmak, H . (2010). Optimality of Public Capital in Turkey: A Regional Analysis. Gaziantep University Journal of Social Sciences, 9 (3), 533-551. Retrieved from http://dergipark.gov.tr/jss/issue/24245/257059
MLA Erden, L , Karaçay Çakmak, H . "Optimality of Public Capital in Turkey: A Regional Analysis". Gaziantep University Journal of Social Sciences 9 (2010): 533-551 <http://dergipark.gov.tr/jss/issue/24245/257059>
Chicago Erden, L , Karaçay Çakmak, H . "Optimality of Public Capital in Turkey: A Regional Analysis". Gaziantep University Journal of Social Sciences 9 (2010): 533-551
RIS TY - JOUR T1 - Optimality of Public Capital in Turkey: A Regional Analysis AU - Lütfi Erden , Hatice Karaçay Çakmak Y1 - 2010 PY - 2010 N1 - DO - T2 - Gaziantep University Journal of Social Sciences JF - Journal JO - JOR SP - 533 EP - 551 VL - 9 IS - 3 SN - 1303-0094-2149-5459 M3 - UR - Y2 - 2019 ER -
EndNote %0 Gaziantep University Journal of Social Sciences Optimality of Public Capital in Turkey: A Regional Analysis %A Lütfi Erden , Hatice Karaçay Çakmak %T Optimality of Public Capital in Turkey: A Regional Analysis %D 2010 %J Gaziantep University Journal of Social Sciences %P 1303-0094-2149-5459 %V 9 %N 3 %R %U
ISNAD Erden, Lütfi , Karaçay Çakmak, Hatice . "Türkiye’de Kamu Sermayesinin Optimalliği: Bölgesel Bir Analiz". Gaziantep University Journal of Social Sciences 9 / 3 (Aralık 2010): 533-551.