Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey

AYDEMIR DEV, MINE; Bayram Arlı, Nuran; çetinkaya, özhan; Serbes, Halil

doi:10.21121/eab.857078

Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey

Halil SERBES, (Bursa Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Maliye Bölümü, Bursa, Türkiye)

Mine AYDEMİR, (Bursa Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Ekonometri Bölümü, Bursa, Türkiye)

Özhan ÇETİNKAYA, (Bursa Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Maliye Bölümü, Bursa, Türkiye)

Nuran BAYRAM ARLI (Bursa Uludağ Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Ekonometri Bölümü, Bursa, Türkiye)

Ege Akademik Bakış

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Yıl: 2022 Cilt: 22 Sayı: 2 Sayfa Aralığı: 139 - 154 Metin Dili: İngilizce DOI: 10.21121/eab.857078 İndeks Tarihi: 09-12-2022

Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey

Öz:

The present study aimed to determine the variables that affect municipal borrowing in Turkey and analyze them using the quantile regression. In this analysis, municipal debt was analyzed for five quantiles (10th, 25th, 50th, 75th ve 90th), and it was observed that various variables explained the debt in different quantiles. Some variables are significant in all quantiles and could explain the municipal debt, while certain variables were not significant in various quantiles. The findings show that per capita budget expenditure has a significant and positively correlated per capita municipal debt in all five quantiles; expenditure commitment rate in four, and non-interest fiscal capacity rate in the first two quantiles. Per capita tax revenue variable was also significant and negatively correlated with per capita municipal debt in all five borrowing groups. However, population and per capita capital expenditure variables were found insignificant in almost five quantiles. The present study demonstrated that the proposals and policies developed on the municipal debt could have different determinants for municipalities with varying levels of debt.

Anahtar Kelime: Borrowing Municipality Turkey Fiscal Determinants Quantile Regression

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	Serbes H, AYDEMIR DEV M, çetinkaya ö, Bayram Arlı N (2022). Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. , 139 - 154. 10.21121/eab.857078
Chicago	Serbes Halil,AYDEMIR DEV MINE,çetinkaya özhan,Bayram Arlı Nuran Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. (2022): 139 - 154. 10.21121/eab.857078
MLA	Serbes Halil,AYDEMIR DEV MINE,çetinkaya özhan,Bayram Arlı Nuran Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. , 2022, ss.139 - 154. 10.21121/eab.857078
AMA	Serbes H,AYDEMIR DEV M,çetinkaya ö,Bayram Arlı N Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. . 2022; 139 - 154. 10.21121/eab.857078
Vancouver	Serbes H,AYDEMIR DEV M,çetinkaya ö,Bayram Arlı N Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. . 2022; 139 - 154. 10.21121/eab.857078
IEEE	Serbes H,AYDEMIR DEV M,çetinkaya ö,Bayram Arlı N "Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey." , ss.139 - 154, 2022. 10.21121/eab.857078
ISNAD	Serbes, Halil vd. "Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey". (2022), 139-154. https://doi.org/10.21121/eab.857078

APA	Serbes H, AYDEMIR DEV M, çetinkaya ö, Bayram Arlı N (2022). Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. Ege Akademik Bakış, 22(2), 139 - 154. 10.21121/eab.857078
Chicago	Serbes Halil,AYDEMIR DEV MINE,çetinkaya özhan,Bayram Arlı Nuran Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. Ege Akademik Bakış 22, no.2 (2022): 139 - 154. 10.21121/eab.857078
MLA	Serbes Halil,AYDEMIR DEV MINE,çetinkaya özhan,Bayram Arlı Nuran Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. Ege Akademik Bakış, vol.22, no.2, 2022, ss.139 - 154. 10.21121/eab.857078
AMA	Serbes H,AYDEMIR DEV M,çetinkaya ö,Bayram Arlı N Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. Ege Akademik Bakış. 2022; 22(2): 139 - 154. 10.21121/eab.857078
Vancouver	Serbes H,AYDEMIR DEV M,çetinkaya ö,Bayram Arlı N Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey. Ege Akademik Bakış. 2022; 22(2): 139 - 154. 10.21121/eab.857078
IEEE	Serbes H,AYDEMIR DEV M,çetinkaya ö,Bayram Arlı N "Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey." Ege Akademik Bakış, 22, ss.139 - 154, 2022. 10.21121/eab.857078
ISNAD	Serbes, Halil vd. "Analysis of Variables Affecting Municipal Borrowing with Quantile Regression in Turkey". Ege Akademik Bakış 22/2 (2022), 139-154. https://doi.org/10.21121/eab.857078