The Role of Public Debt in Economic Growth: The Case of Türkiye (2000-2024)

Oğuz Acar and Nazım Öztürk
Additional contact information
Oğuz Acar: Si̇vas Cumhuri̇yet University
Nazım Öztürk: Si̇vas Cumhuri̇yet University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2025, vol. 40, issue 123, 188-209

Abstract: Since changes in public debt are indicators of the sustainability of public finances, it is important to monitor the effects of changes on the economy. The study analyzes the impact of public debt on economic growth in Türkiye. The relationship between the share of public debt in gross domestic product and real gross domestic product is examined using the OLS method and it is found that changes in public debt stock have a negative effect on gross domestic product. The findings imply to decision-makers that if borrowed funds are used correctly, they could have a positive contribution to economic growth.

Keywords: Public debt; real gdp; economic growth; public debt policy (search for similar items in EconPapers)
JEL-codes: E6 E62 H3 H30 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/tr/download/article-file/4516816 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:40:y:2025:i:123:p:188-209

DOI: 10.33203/mfy.1618905

Access Statistics for this article

Journal of Finance Letters (Maliye ve Finans Yazıları) is currently edited by Süleyman Kale

More articles in Journal of Finance Letters (Maliye ve Finans Yazıları) from Maliye ve Finans Yazıları Yayıncılık Ltd. Şti.
Bibliographic data for series maintained by Süleyman Kale ().