Özet:

Public spending - economic growth relationship has been the subject of many theoretical and empirical studies at international and national level. Public spending - the use of different time periods in the empirical literature related to the economic growth relationship, different results have been obtained due to the choice of different econometric methodologies.  The aim of this study is to interpret the validity of the Wagner Act, which expresses the existence of a relationship between the real GDP and public spending, and the Keynes Hypothesis, which expresses a relationship between the real GDP and public spending, for Turkey in the period 2000-2011. In Turkey, due to the economic crisis of 2000-2001 and the financial policies implemented after the crisis, public spending and economic growth relations have weakened in the period 2000-2011. During this period, public spending increased rapidly, while economic growth increased rapidly. In this context, taking into account the percentage of achievements in recent years, it is possible to argue that the theoretically neither the Wagner Act nor the Keynesian hypothesis exist a relationship between public spending and economic growth.

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