Determining the Exogeneity of Tax Components with Respect to GDP
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2013, Vol 3, Issue 3
Abstract
In this study we examine the relationship between tax revenues and GDP for Turkey for the period from 2004.Q1 to 2012.Q1. The effectiveness of tax components on GDP are investigated by using Johansen and Juselius (1990) cointegration and Granger Causality test. According to our findings, the main categories of taxes are cointegrated with GDP but the sub categories are not. This results means that more than optimal level of tax is collecting in some sub categories. When determined these sub categories, we have found as result that policy makers should increase Withholding Income Tax. When consider Special Consumption Tax, except Tobacco and Alcohol Products’ SCT, all categories of Special Consumption Tax should be increased.
Authors and Affiliations
Cengiz Arikan, Yeliz Yalcin
Keywords
Related Articles
- EP ID EP162040
- DOI 10.6007/IJARAFMS/v3-i3/151
- Views 95
- Downloads 0
An Assessment of Non-Executive Directors Influence on the Operating Profits of Manufacturing Firms in Nigeria
The debate of whether board composition in the form of representation of non-executive directors may add value to the firm’s performance is widely covered in the corporate governance literature. The main purpose of this...
The Impact of the Motivation on the Employee’s Performance in Beverage Industry of Pakistan
Motivation plays an important role in all public and private organizations. Without motivating their employees organizations can’t run and can’t achieve their goals. Purpose of present study is to explore the impact of m...
Risk Modelling in Healthcare Markets: a Comparative Analysis of three Risk Measurement Approaches
Capital Adequacy, Cost Income Ratio and the Performance of Saudi Banks (2007-2011)
This paper examines the relationship between Capital adequacy and profitability. Necessary data were gathered from the financial statements of nine Saudi banks listed in the stock exchange market over the period of 2007-...
Assessment of Family Income on Academic Performance of Tertiary Students: The Case of Ho Polytechnic, Ghana