Relationship Between Tax Accrual/ Correction Rate and Economic Growth
Relationship Between Tax Accrual/ Correction Rate and Economic Growth
Author(s): Sevilay Ece Gümüş Özuyar, Mustafa Yilmaz, Ahmet Tayfur AkçanSubject(s): Economic history, Economic policy, Economic development, Post-War period (1950 - 1989), Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Ahmet Arif Eren
Keywords: Tax; Accrual; Collection; Economic Growth; ARDL Bounds Test;
Summary/Abstract: Tax revenues are one of the main factors necessary for the continuation of the economic activities of the countries. Tax revenues are of vital importance for countries. Collection of all accrued taxes increases public revenues. However, not all accrued taxes can be collected. In the study, the relationship between the accrual/collection rate of taxes and economic growth was investigated using annual data for the period 1970-2020. ARDL Boundary Test is used to investigate the relationship between the variables. According to the results of the study, there is a significant long-term relationship between tax collection rates and economic growth. In addition, according to the results of the long-term coefficient equation, a positive and significant result was determined between the accrual/collection rate of taxes and economic growth.
Journal: Fiscaoeconomia
- Issue Year: 6/2022
- Issue No: 2
- Page Range: 601-619
- Page Count: 19
- Language: English