This study uses a nonlinear causality test proposed by Diks and Panchenko (2006) to investigate the dynamic nonlinear relationship between economic growth and taxation, the later being expressed in the form of two alternative average tax rates, namely the ratio of total tax revenues to GDP and,...

Technical analysis has become a custom decision support tool for traders and analysts, though not widely accepted by the academic community. It is based on the identification of a series of well-defined formations appearing over irregular intervals. The same principle forms the basis for the...

This paper uses linear and non-linear Granger causality methods to determine the causal relationship between defense spending and economic growth in Turkey for the period 1949-2004. The innovative feature of this paper is that it provides evidence regarding the nonlinear causal dependence...