Özet:

The aim of the study to analyze the impact of public current and investment expenditures on economic growth and in this context to analyze the role of new public financial management in Turkey. In the study by using annual dataset over 1980-2013 period, FMOLS method is adopted. Empirical results obtained from the analysis indicate that current expenditures have a positive effect on economic growth, and the new public financial management that is put into practice with the implementation of the #5018 numbered public financial management and control law has increased this positive effect. However, investment expenditures have also positive effects on the growth to some extent but this result is not significantly correlated. While giving support to the new public financial management with internal control practices, it is thought that higher productivity will be achieved in the utilization of resources and hence the effect of the expenditures on growth may be further increased

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