The Sensitivity of the Taxes as Fiscal Stabilizers for Economic Crises in Turkey
Turkey faced with two important economic crises in the last decade. The faults in Turkish fiscal system have had important shares in these economic crises. The crises have also affected Turkish fiscal system. Moreover, the indirect taxes in a considerable amount are the most important feature of Turkish fiscal system. So, Turkish tax system is often criticized as unjust. It is argued that Turkish economy has overcame the last economic crisis sooner by means of its tax system, because the indirect taxes are more sensitive to conjecture and more elastic than the direct taxes in Turkish economy. In this paper, after the cyclical sensitivity of the taxes in Turkish economy is tested for the period of 1998:01-2010:06, their sensitivity to the crises and their efficiencies as automatic stabilizers are analyzed.
Year of publication: |
2011
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Authors: | Özge, Uysal ; Mehmet, ªahin |
Published in: |
Ovidius University Annals, Economic Sciences Series. - Facultatea de Ştiinţe Economice, ISSN 1582-9383. - Vol. XI.2011, 1, p. 2247-2252
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Publisher: |
Facultatea de Ştiinţe Economice |
Subject: | Turkey | Automatic stabilizer | Output gap | cyclical sensitivity of taxes |
Saved in:
freely available
Extent: | application/pdf |
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Type of publication: | Article |
Classification: | E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H21 - Efficiency; Optimal Taxation ; H30 - Fiscal Policies and Behavior of Economic Agents. General ; H60 - National Budget, Deficit, and Debt. General |
Source: |
Persistent link: https://www.econbiz.de/10010632044
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