THE APPLICATION OF THE LAFFER CURVE IN THE ECONOMY OF TURKEY
Journal Title: The Journal of International Social Research - Year 2017, Vol 10, Issue 50
Abstract
Laffer curve is based on the assumption that in case of the spendable income increase after tax, investors make much more investment. In this paper, tax policies were examined over the period 1980-2014 for Turkish economy through to 4 different models. Following ADF Unit root test , total tax variable, direct tax variable and income tax variable were tested for each model in order to understand tax policies was appropriate for Turkish economy in the light of Laffer curve. For each model, shape of laffer curve was found as a parallel of theoretical expectations. Besides, both tax rates that makes tax revenues maximum and minimum were not found appropriate with theoretical expectation.
Authors and Affiliations
Utku ALTUNÖZ
Keywords
Related Articles
- EP ID EP255055
- DOI 10.17719/jisr.2017.1698
- Views 134
- Downloads 0
THE ROLE OF PHARMACEUTICAL REPRESENTATIVES IN THE PRESCRIBING DECISION OF PHYSICIANS: A PILOT STUDY
Drug companies are challenged by a number of issues such as global competition, rising costs, economic fluctuations, restrictions on patents and generic production. In such a highly competitive environment, marketing fo...
AN ANALYSIS OF THE CORRELATION BETWEEN ANOTALIAN PROVERBS AND BUSINESS PROCESSES FROM THE PERSPECTİVE OF BUSINESS SYSTEMS
Economic, political, legal and socio-cultural processes have an effect on the rise and development of technical applications in business life. In this regard, historical data show that various religious and ethnic groups...
SEMIOLOGICAL ANALYSIS AND INTERPRETATION OF THE FILM AMARCORD
The cinema is a tool and medium that produces meaning through a succession of moving images. Stories formed by the combination of visual and auditory elements are able to create a language with their own signs. These sig...
THE STATUS OF THE LABOR MARKET AND ANALYSIS OF İŞKUR ACTIVITIES IN KASTAMONU PROVINCE
In the historical process, Kastamonu Province is one of our provinces, which has emmigrated considerably because of the problems in the labor market and the limited employment opportunities. For this reason, it is an imp...
DOMAIN OF SOCIAL WORK PROFESSION AND ASSESSMENT OF SOCIAL WORK PRACTICE IN TURKEY LEVEL
Showing high proliferation tendency, Social Work is a dynamic profession, which targets humanity to enhance individuals’ social functioning through improving their life quality. The features of human oriented, practise b...