Economic Thought and Practice, , 2026.
Preliminary communication
https://doi.org/10.17818/EMIP/2025/48
HUMAN DEVELOPMENT BY FISCAL INSTRUMENT DIMENSION: EMPIRICAL EVIDENCE FROM OECD COUNTRIES
Merve Malak
orcid.org/0000-0002-0477-3719
; Afyon Kocatepe University, Turkey, Faculty of Economics and Administrative Sciences
*
Ihsan Cemil Demir
; Afyon Kocatepe University, Turkey, Faculty of Economics and Administrative Sciences
* Corresponding author.
Abstract
This research aims to analyze the impact of fiscal instruments on the human development index. The study considers public expenditures, taxes, budgets, and public debt as fiscal instruments and uses panel data analysis. Considering 24 OECD countries and the period between 2004 and 2021, the impact of fiscal instruments on the human development index was analyzed using fixed effects (FE) and Driscoll-Kraay (DK) estimators. The analysis results show that each fiscal instrument impacts the human development index differently. The tax burden negatively affects the human development index, causing it to decrease. On the other hand, public expenditures, debt burden, and budget deficits contribute positively to human development. These findings suggest that fiscal instruments may influence human development index in different directions.
Keywords
Human Development Index (HDI); public spendings; tax burden; budget deficits; public debt
Hrčak ID:
337511
URI
Publication date:
5.11.2025.
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