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G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi

Yıl 2024, Cilt: 32 Sayı: 62, 523 - 550

Öz

Bu çalışmada, G7 ve E7 ülkelerinde vergi politikasının ve vergi politikası dalgalanmalarının ekonomik büyümeye etkisi, 2001-2020 dönemi için, Panel ARDL yöntemiyle analiz edilmiştir. Elde edilen bulgulara göre, E7 ülkelerinde hem vergi politikasının hem de vergi politikası dalgalanmalarının ekonomik büyümeye etkisi pozitiftir. G7 ülkelerinde ise, vergi politikasının ekonomik büyümeye etkisi pozitif iken, vergi politikası dalgalanmalarının ekonomik büyümeye etkisi negatiftir. Bu durum G7 ülkelerinin politika dalgalanmalarından, E7 ülkelerine kıyasla, daha fazla etkilendiğini göstermektedir. 2008 krizinin dikkate alındığı modelde, E7 ülkelerinin hata düzeltme terimi etkilenmemiş iken, G7 ülkelerinin hata düzeltme terimi negatif yönde etkilenmiştir.

Kaynakça

  • Acosta-Ormaechea, S. & J. Yoo (2012), “Tax composition and growth: a broad cross-country perspective”, IMF Working Paper, 12/257.
  • Afonso, A. & J.T. Jalles (2012), “Fiscal Volatility, Financial Crises and Growth”, Working Papers Department of Economics, 2012/06, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
  • Ahmad, S. et al. (2016), “Taxes and Economic Growth: an Empirical Analysis of Pakistan”, European Journal of Business and Social Sciences, 5(2), 16-29.
  • Anastassiou, T. & C. Dritsaki (2005), “Tax Revenues and Economic Growth: An Empirical Investigation for Greece Using Causality Analysis”, Journal of Social Sciences, 1(2), 99-104.
  • Arachi, G. et al. (2015), “Tax Structure and Macroeconomic Performance”, International Tax and Public Finance, 22(4), 635-662.
  • Arin, P.K. et al. (2011), “The Taxation-Growth Nexus Revisited”, Hamburg Institute of International Economics (HWWI) Research Paper, 104.
  • Arnold, J. (2008), “Do Tax Structures Affect Aggregate Economic Growth? Empirical Evidence from a Panel of OECD Countries”, Economics Department Working Papers, 643, OECD.
  • Arnold, J.M. et al. (2011), “Tax policy for economic recovery and growth”, The Economic Journal, 121(550), F59-F80.
  • Balcerowicz, L. et al. (2013), Economic Growth in the European Union, Lisbon Council.
  • Barro, R.J. (1990), “Government Spending in a Simple Model of Endogenous Growth”, Journal of Political Economy, 98(5) (October), 103-125.
  • Barro, R.J. (1991), “Economic Growth in a Cross Section of Countries”, The Quarterly Journal of Economics, 106(2), 407-443.
  • Barro, R.J. (1996), Determinants of economic growth: A cross-country empirical study”, NBER Working Papers, 5698, National Bureau of Economic Research.
  • Bassanini, A. et al. (2001), “Economic Growth: The Role of Policies and Institutions”, OECD Economics Department Working Paper, 283.
  • Benos, N. (2009), Fiscal Policy and Economic Growth: Empirical Evidence from EU Countries, <http://www2.aueb.gr/conferences/Crete2009/papers_recent/Benos.pdf>, 20.12.2023.
  • Bleaney, M. et al. (2001), “Testing the Endogenous Growth Model: Public Expenditure, Taxation and Growth Over the Long Run”, Canadian Journal of Economics, 34(1), 36-57.
  • Branson, J. & C. Knox Lovell (2001), “A Growth Maximising Tax Structure for New Zealand”, International Tax and Public Finance, 8(2), 129-146.
  • Breusch, T.S. & A.R. Pagan (1980), “The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics”, The Review of Economic Studies, 47(1), 239-253.
  • Campbell, J.Y. (1994), “Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model”, Journal of Monetary Economics, 33, 463-506.
  • Canavire-Bacarreza, G. et al. (2013), “Taxation and Economic Growth in Latin America”, Inter-American Development Bank, Working Paper, No: 431.
  • Cashin, P. (1994), “Government Spending, Taxes and Economic Growth”, IMF Working Paper, WP/94/92, August.
  • Chairman, S.J. (1997), “Taxes and Long-Term Economic Growth”, A Joint Economic Comittee Report.
  • Choi, I. (2001), “Unit root tests for panel data”, Journal of International Money and Finance, 20(2), 249-272.
  • De Haan, A. (2010), “The financial crisis and China’s ‘Harmonious society’”, Journal of Current Chinese Affairs, 39(2), 69-99.
  • Di Sanzo, S. et al. (2017), “Tax Structure and Economic Growth: A Panel Cointegrated VAR Analysis”, Italian Economic Journal, 3, 1-15.
  • Easterly, W. & S. Rebelo (1993), “Fiscal Policy and Economic Growth: An Empirical Investigation”, Journal of Monetary Economics, 32(3), 417-458.
  • Engen, E.M. & J. Skinner (1996), “Taxation and Economic Growth”, National Tax Journal, 49(4), 617-642.
  • Evans, M.K. (1983), The Truth About Supply-Side Economics, New York: Basic Books Inc.
  • Ferretti, M.M.G. & N. Roubini (1995), “Growth Effects of Income and Consumption Taxes: Positive and Normative Analysis”, NBER Working Paper Series, 5317.
  • Fidrmuc, J. & I. Korhonen (2010), “The impact of the global financial crisis on business cycles in Asian emerging economies”, Journal of Asian Economics, 21(3), 293-303.
  • Fölster, S. & M. Henrekson (2001), “Growth Effects of Government Expenditure and Taxation in Rich Countries”, European Economic Review, 45(8), 1501-1520.
  • Gemmell, N. et al. (2014), “The Growth Effects of Tax Rates in the OECD”, Canadian Journal of Economics, 47(4), 1217-1255.
  • Ghemawat, P. (2010), “Finding your strategy in the new landscape”, Harvard Business Review, 88(3), 54-60.
  • Gober, J.R. & J.O. Burns (1997), “The Relationship Between Tax Structures and Economic Indicators”, Journal of International Accounting, Auditing and Taxation, 6(1), 1-24.
  • Hall, R.E. (1968), “Consumption Taxes Versus Income Taxes: Implications for Economic Growth”, in: Proceedings of the Annual Conference on Taxation under the Auspices of the National Tax Association (125-145), Vol. 61 (January), National Tax Association, California.
  • Harberger, A. (1964), “Taxation, Resource Allocation, and Welfare”, in: The Role of Direct and Indirect Taxes in The Federal Reserve System (25-80), Princeton University Press.
  • Hausman, J.A. (1978), “Specification Tests in Econometrics”, Econometrica, 46(6), 1251-1271.
  • Im, K.S. et al. (2003), “Testing for unit roots in heterogeneous panels”, Journal of Econometrics, 115(1), 53-74.
  • International Monetary Fund (IMF) (2023), The World Economic Outlook (WEO), April 2023 Edition.
  • Johanson, O. et al. (2008), “Taxand Economic Growth”, Economics Department Working Paper No. 620.
  • Karras, G. (1999), “Taxes and Growth: Testing the Neoclassical and Endogenous Growth Models”, Contemporary Economic Policy, 17(2), 177-188.
  • King, R.G. & S. Rebelo (1990), “Public Policy and Economic Growth: Developing Neoclassical Implications”, Journal of Political Economy, 98(5), 126-150.
  • Kneller, R. et al. (1999), “Fiscal policy and growth: evidence from OECD countries”, Journal of Public Economics, 74(2), 171-190.
  • Koch, S.F. et al. (2005), “Economic growth and the structure of taxes in South Africa: 1960-2002”, South African Journal of Economics, 73(2), 190-210.
  • Koester, R.B. & R.C. Kormendi (1989), “Taxation, Aggregate Activity and Economic Growth: Cross-Country Evidence on Some Supply-Side Hypotheses”, Economic Inquiry, 27(3), 367-386.
  • Krugman, P. (2001), Politika Taşeronları ve Önemsizleşen Refah, (çev. N. Domaniç, 1. Baskı), Literatür Yayınları, İstanbul.
  • Kshetri, N. (2011), “Emerging economies and the global financial crisis: Evidence from China and India”, Thunderbird Int’l Bus Rev, 53, 247-262.
  • Laffer, A.B. (2004), “The Laffer curve: Past, present, and future”, Backgrounder, 1765(1), 1-16.
  • Lane, P. & L.S. Schmukler (2007), “International financial integration of China and India”, in: L.A. Winter & S. Yusuf (eds.), Dancing with giants (101-132), Washington: Worldbank.
  • Lee, Y. & R.H. Gordon (2005), “Tax Structure and Economic Growth”, Journal of Public Economics, 89, 1027-1043.
  • Leibfritz, W. et al. (1997), “Taxation and Economic Performance”, OECD Economics Department Working Papers, No: 176, OECD Publishing.
  • Lucas Jr, R.E. (1988), “On the mechanics of economic development”, Journal of Monetary Economics, 22(1), 3-42.
  • Maddala, G.S. & S. Wu (1999), “A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test”, Oxford Bulletin of Economics and Statistics, 61, 631-652.
  • Mamatzakis, E.C. (2005), “The dynamic responses of growth to tax structure for Greece”, Applied Economics Letters, 12(3), 177-180.
  • Marsden, K. (1983), “Links between Taxes and Economic Growth: Some Empirical Evidence on Some Supply Side Hypothesis”, World Bank Staff Working Papers, No: 605, Washington D.C., USA.
  • Mendoza, E.G. et al. (1997), “On the Ineffectiveness of Tax Policy in Altering Long-Run Growth: Harberger’s Superneutrality Conjecture”, Journal of Public Economics, 66(1), 99-126.
  • Milesi-Ferretti, G.M. & N. Roubini (1994), “Taxation and endogenous growth in open economies”, NBER Working Paper 4881.
  • Mountford, A. & H. Uhlig (2009), “What are the effects of fiscal policy shocks?”, Journal of Applied Econometrics, 24(6), 960-992.
  • Nguyen, M.L.T. et al. (2020), “Interrelation of tax structure and economic growth: a case study”, Journal of Security And Sustainability Issues, 9(4), 1177-1187.
  • Ohanian, L.E. (1997), “How capital taxes harm economic growth: Britain versus the United States”, Business Review, Federal Reserve Bank of Philadelphia.
  • Padda, I.U.H. & N. Akram (2009), “The Impact of Tax Policies on Economic Growth: Evidence from South-Asian Economies”, The Pakistan Development Review, 48(4), 961-971.
  • Padovano, F. & E. Galli (2001), “Tax Rates and Economic Growth”, Economic Inquiry, 39(1), 44-57.
  • Paksoy, S. & S. Bakan (2010), “Türkiye’de uygulanan vergi politikaları ve ekonomik büyüme üzerine etkileri: (1980 sonrası)”, Elektronik Sosyal Bilimler Dergisi, 9(32), 150-170.
  • Peacock, A.T. & J. Wiseman (1961), “Front matter, the growth of public expenditure in the United Kingdom”, in: The growth of public expenditure in the United Kingdom (32-0), Princeton University Press.
  • Pei, M. (2009), “China’s toxic debts”, Newsweek, 154(26), 16.
  • Pesaran M.H. (2007), “A simple panel unit root test in the presence of cross-section dependence”, Journal of Applied Econometrics, 22(2), 265-312.
  • Pesaran, M.H. & R.P. Smith (1995), “Estimating long-run relationships from dynamic heterogeneous panels”, Journal of Econometrics, 68, 79-113.
  • Pesaran, M.H. & T. Yamagata (2008), “Testing slope homogeneity in large panels”, Journal of Econometrics, 142(1), 50-93.
  • Pesaran, M.H. (2004), “General Diagnostic Tests for Cross Section Dependence in Panels”, Cambridge Working Papers in Economics 0435, Faculty of Economics, University of Cambridge.
  • Pesaran, M.H. et al. (1997), “Estimating Long-Run Relationships in Dynamic Heterogeneous Panels”, DAE Working Papers Amalgamated Series 9721.
  • Pesaran, M.H. et al. (2008), “A bias-adjusted LM test of error cross-section independence”, The Econometrics Journal, 11(1), 105-127.
  • Plosser, C.I. (1992, August), “The search for growth”, in: Policies For Long-Run Economic Growth (57-86), A Symposium Sponsored By The Federal Reserve Bank of Kansas City.
  • Poulson, B. & J. Kaplan (2008), “State Income Taxes and Economic Growth”, The CATO Journal, (28), 53-71.
  • Ram, R. (1986), “Government Size and Economic Growth: A New Framework and Some Evidence from Cross-Section and Time-Series Data”, American Economic Review, 76(1), 191-203.
  • Ramey, G. & V. Ramey (1994), “Cross-Country Evidence on the Link Between Volatility and Growth”, NBER Working Papers 4959, National Bureau of Economic Research.
  • Rebelo, S. (1991), “Long-Run Policy Analysis and Long-Run Growth”, Journal of Political Economy, 99(3), 500-521.
  • Roberts, P.C. (1984), The Supply-Side Revolution - An Insider’s Account of Policy Making in Washington, Cambridge: Massachusetts, Harvard University Press.
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The Effect of Tax Policy Fluctuations on Economic Growth in G7 and E7 Countries: Panel ARDL Analysis

Yıl 2024, Cilt: 32 Sayı: 62, 523 - 550

Öz

This study analysed the effect of tax policy and tax policy fluctuations on economic growth in G7 and E7 countries with the Panel ARDL method for the 2001-2020 period. According to the findings, tax policy and policy fluctuations positively affect economic growth in E7 countries. In G7 countries, while the effect of tax policy on economic growth is positive, the impact of tax policy fluctuations on economic growth is negative. It shows that G7 countries are more affected by policy fluctuations than E7 countries. In the model with the 2008 crisis, while the error correction term of E7 countries was not affected, the error correction term of G7 countries was negatively affected.

Kaynakça

  • Acosta-Ormaechea, S. & J. Yoo (2012), “Tax composition and growth: a broad cross-country perspective”, IMF Working Paper, 12/257.
  • Afonso, A. & J.T. Jalles (2012), “Fiscal Volatility, Financial Crises and Growth”, Working Papers Department of Economics, 2012/06, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
  • Ahmad, S. et al. (2016), “Taxes and Economic Growth: an Empirical Analysis of Pakistan”, European Journal of Business and Social Sciences, 5(2), 16-29.
  • Anastassiou, T. & C. Dritsaki (2005), “Tax Revenues and Economic Growth: An Empirical Investigation for Greece Using Causality Analysis”, Journal of Social Sciences, 1(2), 99-104.
  • Arachi, G. et al. (2015), “Tax Structure and Macroeconomic Performance”, International Tax and Public Finance, 22(4), 635-662.
  • Arin, P.K. et al. (2011), “The Taxation-Growth Nexus Revisited”, Hamburg Institute of International Economics (HWWI) Research Paper, 104.
  • Arnold, J. (2008), “Do Tax Structures Affect Aggregate Economic Growth? Empirical Evidence from a Panel of OECD Countries”, Economics Department Working Papers, 643, OECD.
  • Arnold, J.M. et al. (2011), “Tax policy for economic recovery and growth”, The Economic Journal, 121(550), F59-F80.
  • Balcerowicz, L. et al. (2013), Economic Growth in the European Union, Lisbon Council.
  • Barro, R.J. (1990), “Government Spending in a Simple Model of Endogenous Growth”, Journal of Political Economy, 98(5) (October), 103-125.
  • Barro, R.J. (1991), “Economic Growth in a Cross Section of Countries”, The Quarterly Journal of Economics, 106(2), 407-443.
  • Barro, R.J. (1996), Determinants of economic growth: A cross-country empirical study”, NBER Working Papers, 5698, National Bureau of Economic Research.
  • Bassanini, A. et al. (2001), “Economic Growth: The Role of Policies and Institutions”, OECD Economics Department Working Paper, 283.
  • Benos, N. (2009), Fiscal Policy and Economic Growth: Empirical Evidence from EU Countries, <http://www2.aueb.gr/conferences/Crete2009/papers_recent/Benos.pdf>, 20.12.2023.
  • Bleaney, M. et al. (2001), “Testing the Endogenous Growth Model: Public Expenditure, Taxation and Growth Over the Long Run”, Canadian Journal of Economics, 34(1), 36-57.
  • Branson, J. & C. Knox Lovell (2001), “A Growth Maximising Tax Structure for New Zealand”, International Tax and Public Finance, 8(2), 129-146.
  • Breusch, T.S. & A.R. Pagan (1980), “The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics”, The Review of Economic Studies, 47(1), 239-253.
  • Campbell, J.Y. (1994), “Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model”, Journal of Monetary Economics, 33, 463-506.
  • Canavire-Bacarreza, G. et al. (2013), “Taxation and Economic Growth in Latin America”, Inter-American Development Bank, Working Paper, No: 431.
  • Cashin, P. (1994), “Government Spending, Taxes and Economic Growth”, IMF Working Paper, WP/94/92, August.
  • Chairman, S.J. (1997), “Taxes and Long-Term Economic Growth”, A Joint Economic Comittee Report.
  • Choi, I. (2001), “Unit root tests for panel data”, Journal of International Money and Finance, 20(2), 249-272.
  • De Haan, A. (2010), “The financial crisis and China’s ‘Harmonious society’”, Journal of Current Chinese Affairs, 39(2), 69-99.
  • Di Sanzo, S. et al. (2017), “Tax Structure and Economic Growth: A Panel Cointegrated VAR Analysis”, Italian Economic Journal, 3, 1-15.
  • Easterly, W. & S. Rebelo (1993), “Fiscal Policy and Economic Growth: An Empirical Investigation”, Journal of Monetary Economics, 32(3), 417-458.
  • Engen, E.M. & J. Skinner (1996), “Taxation and Economic Growth”, National Tax Journal, 49(4), 617-642.
  • Evans, M.K. (1983), The Truth About Supply-Side Economics, New York: Basic Books Inc.
  • Ferretti, M.M.G. & N. Roubini (1995), “Growth Effects of Income and Consumption Taxes: Positive and Normative Analysis”, NBER Working Paper Series, 5317.
  • Fidrmuc, J. & I. Korhonen (2010), “The impact of the global financial crisis on business cycles in Asian emerging economies”, Journal of Asian Economics, 21(3), 293-303.
  • Fölster, S. & M. Henrekson (2001), “Growth Effects of Government Expenditure and Taxation in Rich Countries”, European Economic Review, 45(8), 1501-1520.
  • Gemmell, N. et al. (2014), “The Growth Effects of Tax Rates in the OECD”, Canadian Journal of Economics, 47(4), 1217-1255.
  • Ghemawat, P. (2010), “Finding your strategy in the new landscape”, Harvard Business Review, 88(3), 54-60.
  • Gober, J.R. & J.O. Burns (1997), “The Relationship Between Tax Structures and Economic Indicators”, Journal of International Accounting, Auditing and Taxation, 6(1), 1-24.
  • Hall, R.E. (1968), “Consumption Taxes Versus Income Taxes: Implications for Economic Growth”, in: Proceedings of the Annual Conference on Taxation under the Auspices of the National Tax Association (125-145), Vol. 61 (January), National Tax Association, California.
  • Harberger, A. (1964), “Taxation, Resource Allocation, and Welfare”, in: The Role of Direct and Indirect Taxes in The Federal Reserve System (25-80), Princeton University Press.
  • Hausman, J.A. (1978), “Specification Tests in Econometrics”, Econometrica, 46(6), 1251-1271.
  • Im, K.S. et al. (2003), “Testing for unit roots in heterogeneous panels”, Journal of Econometrics, 115(1), 53-74.
  • International Monetary Fund (IMF) (2023), The World Economic Outlook (WEO), April 2023 Edition.
  • Johanson, O. et al. (2008), “Taxand Economic Growth”, Economics Department Working Paper No. 620.
  • Karras, G. (1999), “Taxes and Growth: Testing the Neoclassical and Endogenous Growth Models”, Contemporary Economic Policy, 17(2), 177-188.
  • King, R.G. & S. Rebelo (1990), “Public Policy and Economic Growth: Developing Neoclassical Implications”, Journal of Political Economy, 98(5), 126-150.
  • Kneller, R. et al. (1999), “Fiscal policy and growth: evidence from OECD countries”, Journal of Public Economics, 74(2), 171-190.
  • Koch, S.F. et al. (2005), “Economic growth and the structure of taxes in South Africa: 1960-2002”, South African Journal of Economics, 73(2), 190-210.
  • Koester, R.B. & R.C. Kormendi (1989), “Taxation, Aggregate Activity and Economic Growth: Cross-Country Evidence on Some Supply-Side Hypotheses”, Economic Inquiry, 27(3), 367-386.
  • Krugman, P. (2001), Politika Taşeronları ve Önemsizleşen Refah, (çev. N. Domaniç, 1. Baskı), Literatür Yayınları, İstanbul.
  • Kshetri, N. (2011), “Emerging economies and the global financial crisis: Evidence from China and India”, Thunderbird Int’l Bus Rev, 53, 247-262.
  • Laffer, A.B. (2004), “The Laffer curve: Past, present, and future”, Backgrounder, 1765(1), 1-16.
  • Lane, P. & L.S. Schmukler (2007), “International financial integration of China and India”, in: L.A. Winter & S. Yusuf (eds.), Dancing with giants (101-132), Washington: Worldbank.
  • Lee, Y. & R.H. Gordon (2005), “Tax Structure and Economic Growth”, Journal of Public Economics, 89, 1027-1043.
  • Leibfritz, W. et al. (1997), “Taxation and Economic Performance”, OECD Economics Department Working Papers, No: 176, OECD Publishing.
  • Lucas Jr, R.E. (1988), “On the mechanics of economic development”, Journal of Monetary Economics, 22(1), 3-42.
  • Maddala, G.S. & S. Wu (1999), “A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test”, Oxford Bulletin of Economics and Statistics, 61, 631-652.
  • Mamatzakis, E.C. (2005), “The dynamic responses of growth to tax structure for Greece”, Applied Economics Letters, 12(3), 177-180.
  • Marsden, K. (1983), “Links between Taxes and Economic Growth: Some Empirical Evidence on Some Supply Side Hypothesis”, World Bank Staff Working Papers, No: 605, Washington D.C., USA.
  • Mendoza, E.G. et al. (1997), “On the Ineffectiveness of Tax Policy in Altering Long-Run Growth: Harberger’s Superneutrality Conjecture”, Journal of Public Economics, 66(1), 99-126.
  • Milesi-Ferretti, G.M. & N. Roubini (1994), “Taxation and endogenous growth in open economies”, NBER Working Paper 4881.
  • Mountford, A. & H. Uhlig (2009), “What are the effects of fiscal policy shocks?”, Journal of Applied Econometrics, 24(6), 960-992.
  • Nguyen, M.L.T. et al. (2020), “Interrelation of tax structure and economic growth: a case study”, Journal of Security And Sustainability Issues, 9(4), 1177-1187.
  • Ohanian, L.E. (1997), “How capital taxes harm economic growth: Britain versus the United States”, Business Review, Federal Reserve Bank of Philadelphia.
  • Padda, I.U.H. & N. Akram (2009), “The Impact of Tax Policies on Economic Growth: Evidence from South-Asian Economies”, The Pakistan Development Review, 48(4), 961-971.
  • Padovano, F. & E. Galli (2001), “Tax Rates and Economic Growth”, Economic Inquiry, 39(1), 44-57.
  • Paksoy, S. & S. Bakan (2010), “Türkiye’de uygulanan vergi politikaları ve ekonomik büyüme üzerine etkileri: (1980 sonrası)”, Elektronik Sosyal Bilimler Dergisi, 9(32), 150-170.
  • Peacock, A.T. & J. Wiseman (1961), “Front matter, the growth of public expenditure in the United Kingdom”, in: The growth of public expenditure in the United Kingdom (32-0), Princeton University Press.
  • Pei, M. (2009), “China’s toxic debts”, Newsweek, 154(26), 16.
  • Pesaran M.H. (2007), “A simple panel unit root test in the presence of cross-section dependence”, Journal of Applied Econometrics, 22(2), 265-312.
  • Pesaran, M.H. & R.P. Smith (1995), “Estimating long-run relationships from dynamic heterogeneous panels”, Journal of Econometrics, 68, 79-113.
  • Pesaran, M.H. & T. Yamagata (2008), “Testing slope homogeneity in large panels”, Journal of Econometrics, 142(1), 50-93.
  • Pesaran, M.H. (2004), “General Diagnostic Tests for Cross Section Dependence in Panels”, Cambridge Working Papers in Economics 0435, Faculty of Economics, University of Cambridge.
  • Pesaran, M.H. et al. (1997), “Estimating Long-Run Relationships in Dynamic Heterogeneous Panels”, DAE Working Papers Amalgamated Series 9721.
  • Pesaran, M.H. et al. (2008), “A bias-adjusted LM test of error cross-section independence”, The Econometrics Journal, 11(1), 105-127.
  • Plosser, C.I. (1992, August), “The search for growth”, in: Policies For Long-Run Economic Growth (57-86), A Symposium Sponsored By The Federal Reserve Bank of Kansas City.
  • Poulson, B. & J. Kaplan (2008), “State Income Taxes and Economic Growth”, The CATO Journal, (28), 53-71.
  • Ram, R. (1986), “Government Size and Economic Growth: A New Framework and Some Evidence from Cross-Section and Time-Series Data”, American Economic Review, 76(1), 191-203.
  • Ramey, G. & V. Ramey (1994), “Cross-Country Evidence on the Link Between Volatility and Growth”, NBER Working Papers 4959, National Bureau of Economic Research.
  • Rebelo, S. (1991), “Long-Run Policy Analysis and Long-Run Growth”, Journal of Political Economy, 99(3), 500-521.
  • Roberts, P.C. (1984), The Supply-Side Revolution - An Insider’s Account of Policy Making in Washington, Cambridge: Massachusetts, Harvard University Press.
  • Sala-i-Martin, X. & J. Sachs (1992), “Federal fiscal policy and optimum currency areas”, in: M. Canzoneri et al. (eds.), Establishing a Central Bank: Issues in Europe and lessons from the US (195-220), Cambridge University Press Books.
  • Sally, R. (2009), “Three Asian myths and the global economic crisis”, Economic Affairs, 29(3), 106.
  • Schwartz, N.D. (2009), Asia’s recovery highlights China’s ascendance, <http://www.nytimes.com/2009/08/24/business/global/24global.html>, 20.12.2023.
  • Skinner, J. (1988), “Taxation and Output Growth in Africa, International Economics Department”, World Bank, Working Paper Series, No: 73 (August).
  • Solow, R.M. (1956), “A Contribution to the Theory of Economic Growth”, The Quarterly Journal of Economics, 70(1), 65-94.
  • Stoilova, D. (2017), “Tax structure and economic growth: Evidence from the European Union”, Contadurıa y Administracion, 62, 1041-1057.
  • Strulik, H. & T. Trimborn (2012), “Laffer Strikes Again: Dynamic Scoring of Capital Taxes”, European Economic Review, 56, 1180-1199.
  • Taylor, M.P. & L. Sarno (1998), “The behavior of real exchange rates during the post-Bretton Woods period”, Journal of International Economics, 46(2), 281-312.
  • Ulbrich, H.H. (2011), Public Finance in Theory and Practice (Second Edition), Routledge, New York.
  • Veronika, B. & J. Lenka (2012), “Taxation of Corporations and their Impact on Economic Growth: The Case of EU Countries”, Journal of Competitiveness, 4(4), 96-108.
  • Von Hagen, J. (1992), “Fiscal arrangements in a monetary union: evidence from the US”, in: Fiscal Policy, Taxation and the Financial System in an Increasingly Integrated Europe (337-359), Dordrecht: Springer Netherlands.
  • Widmalm, F. (2001), “Tax Structure and Growth: Are Some Taxes Better Than Others?”, Public Choice, 107(3-4), 199-219.
  • Winter, L.A. & S. Yusuf (2007), “Introduction: Dancing with giants”, in: L.A. Winter & S. Yusuf (eds.), Dancing with giants (1-34), Washington: Worldbank.
  • Yavuzer, M.T. & O. Peker (2022), “Türkiye’de Maliye Politikalarının Ekonomik Büyümeye Etkisi: Ampirik Bir Analiz”, Pamukkale Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, (50), 161-178.
  • Yusuf, S. et al. (2007), “China and India reshape global industrial geography”, in: L.A. Winter & S. Yusuf (eds.), Dancing with giants (35-66), Washington: Worldbank.
  • Zeng, J. & H. Du (2003), “Allocation of tax revenue and growth effects of taxation, Impulse response functions”, National University of Singapore, Singapore.
Toplam 92 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Büyüme, Konjonktür Dalgalanmaları, Kamu Ekonomisi - Vergilendirme ve Gelir
Bölüm Makaleler
Yazarlar

M. Taylan Yavuzer 0000-0001-7808-8290

Hakan Hotunluoğlu 0000-0002-2011-5978

Erken Görünüm Tarihi 13 Ekim 2024
Yayımlanma Tarihi
Gönderilme Tarihi 6 Mart 2024
Kabul Tarihi 30 Eylül 2024
Yayımlandığı Sayı Yıl 2024 Cilt: 32 Sayı: 62

Kaynak Göster

APA Yavuzer, M. T., & Hotunluoğlu, H. (2024). G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi. Sosyoekonomi, 32(62), 523-550.
AMA Yavuzer MT, Hotunluoğlu H. G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi. Sosyoekonomi. Ekim 2024;32(62):523-550.
Chicago Yavuzer, M. Taylan, ve Hakan Hotunluoğlu. “G7 Ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi”. Sosyoekonomi 32, sy. 62 (Ekim 2024): 523-50.
EndNote Yavuzer MT, Hotunluoğlu H (01 Ekim 2024) G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi. Sosyoekonomi 32 62 523–550.
IEEE M. T. Yavuzer ve H. Hotunluoğlu, “G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi”, Sosyoekonomi, c. 32, sy. 62, ss. 523–550, 2024.
ISNAD Yavuzer, M. Taylan - Hotunluoğlu, Hakan. “G7 Ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi”. Sosyoekonomi 32/62 (Ekim 2024), 523-550.
JAMA Yavuzer MT, Hotunluoğlu H. G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi. Sosyoekonomi. 2024;32:523–550.
MLA Yavuzer, M. Taylan ve Hakan Hotunluoğlu. “G7 Ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi”. Sosyoekonomi, c. 32, sy. 62, 2024, ss. 523-50.
Vancouver Yavuzer MT, Hotunluoğlu H. G7 ve E7 Ülkelerinde Vergi Politikası Dalgalanmalarının Ekonomik Büyümeye Etkisi: Panel ARDL Analizi. Sosyoekonomi. 2024;32(62):523-50.