Theoretical and Applied Economics
No. 3 / 2019 (620), Autumn
Does democracy increase total tax revenues? The case of selected OECD countries
Necmettin Erbakan University, Turkey
İbrahim ÖZMEN
Selcuk University, Turkey
Abstract. The aim of the study is to analyze the impact of democracy on tax revenues. The relationship between democracy and tax revenue of 28 countries was empirically tested with the help of data from 2002 to 2014. In the study panel unit root, panel causality and panel cointegration tests are used. Findings of the panel in general, the result being that democracy is usually ineffective in increasing tax revenues. However, when the individual effects are taken into consideration, the effect of democracy on tax revenues has concluded that countries have changed to be positive and negative according to democratic development levels.
Contents
The main factors of economic growth in the European Union
Currency risk management model
Assessing the performance of Pillar II in Romania – time weighted versus money weighted rate of return
Does democracy increase total tax revenues? The case of selected OECD countries
An evaluation of the turnover tax system in South Africa
Sensitivity of bankruptcy prediction models to the change in econometric methods
Risk management associated with the interbank relationships
Challenging the status quo: Steel producer case study on the enterprise value for M&A
Innovation as imperative for increasing productivity and economic growth: The case of the selected EU member countries and non-EU member countries
International Financial Markets face to face with Artificial Intelligence and Digital Era
Determinants of domestic saving rate in Turkey: A new generation econometric analysis
A behavioral model of failure in business
The effect of oil prices on foreign trade deficit in the economics of Bulgaria
Relationship between mortality and financial crisis. The case of Greece
Profit management in the case of financial distress and global volatile market behaviour: Evidence from Borsa Istanbul Stock Exchange
Insurance consumption in the Maghreb countries (Algeria, Morocco and Tunisia): Financial and institutional determinants
Non-linear finance-growth nexus for African countries: A panel smooth transition regression approach