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.
Keywords: democracy, tax revenue, panel causality, panel cointegration, OECD countries.
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Contents
- The main factors of economic growth in the European Union
Amalia CRISTESCU
Gabriela TÎLVĂR
- Currency risk management model
Constantin ANGHELACHE
Mădălina Gabriela ANGHEL
Dana Luiza GRIGORESCU
- Assessing the performance of Pillar II in Romania – time
weighted versus money weighted rate of return
Bogdan Andrei DUMITRESCU
Andreea Elena DRAGHIA
- Does democracy increase total tax revenues?
The case of selected OECD countries
Günay ÖZCAN
İbrahim ÖZMEN
- An evaluation of the turnover tax system in South Africa
Danie SCHUTTE
Danelle LABUSCHAGNE
Maria-Andrada GEORGESCU
Cornelia POP
- Sensitivity of bankruptcy prediction models
to the change in econometric methods
Bhanu Pratap SINGH
Alok Kumar MISHRA
- Risk management associated
with the interbank relationships
Cristian ANGHEL
- Challenging the status quo:
Steel producer case study on the enterprise value for M&A
Mădălina Viorica MANU
Ilie VASILE
- International Financial Markets
face to face with Artificial Intelligence and Digital Era
Narcisa Roxana MOȘTEANU
- A behavioral model of failure in business
Cristina Mariana ENE (VASILE)
Cosmin VIZINIUC
Alexandru TAŞNADI
- Relationship between mortality and financial crisis.
The case of Greece
Dimitrios DAPONTAS
- Profit management in the case of financial distress
and global volatile market behaviour:
Evidence from Borsa Istanbul Stock Exchange
Tuğba KAYHAN
Temur KAYHAN
Engin YARBAŞI
- Insurance consumption in the Maghreb countries
(Algeria, Morocco and Tunisia):
Financial and institutional determinants
Dalila BENZIANE
Qasim SHAH
- Non-linear finance-growth nexus for African countries:
A panel smooth transition regression approach
Mustapha JOBARTEH
Huseyin KAYA
