摘要：The aim of this study for Turkey,in which the observation values of real public expenditures and real tax income belonging to 1981-2004 period were used,is to search for the cointegration relation between these two variables. The results of this study,where bounds test analysis,which is a new technique in analysis of cointegration between variables,was used have shown a long-run and quite meaningful relationship between the two variables. This long-run relationship and the analysis results reached through this relationship mean that a sudden increase in public expenditures is financed with new taxes in Turkey.
