Analytical Sustainability In Public Balances And The Industrial Production Index Relationship: The Case Of Turkey

Abstract

This study it is aimed to investigate the effect level based on employment volume and fiscal variables and investment limits, which are considered components of a production-oriented economic growth model, to reach the target economic growth trends in Turkey. This aim also aimed to question the scale effects of the financial variables, especially the tax burden on investment amounts in recent years, and the authority of variability that the employment position can create based on the industrial production index. The fact that the increase in the investment amount in reaching the target economic growth trends in Turkey is not at the desired level based on the industrial production index reveals a structural position that can be expressed with different values at different levels. This position necessitated the analysis of the impact values, primarily based on the past years. Therefore, it is necessary to express increases based on all kinds of business volume, especially the employment volume and the total industrial production index, with values that can also be considered based on public borrowing requirements. In this context, the necessity of public borrowing makes it meaningful to evaluate all kinds of financial exchange values that can be expressed, especially in terms of the industrial production index, and to interpret this phenomenon by comparing the tax burden and the variability of investment goods. Therefore, in a framework based on the public borrowing requirement, it is inevitable to determine the scale effects of a possible financial variability measure depending on the industrial production index, the country's employment level, and other variables in the investment goods limits.