RELATIONSHIP BETWEEN TAXATION AND ECONOMIC GROWTH: AN ANALYSIS FOR TÜRKİYE AND SELECTED COUNTRIES

Gamze Asena Akgöl; Musa Gök

Article Details

RELATIONSHIP BETWEEN TAXATION AND ECONOMIC GROWTH: AN ANALYSIS FOR TÜRKİYE AND SELECTED COUNTRIES

Authors:

Gamze Asena Akgöl | Musa Gök

Publisher:

Çanakkale Onsekiz Mart University

Main Topics:

Ekonometrik ve İstatistiksel Yöntemler | Panel Veri Analizi | Kamu Ekonomisi - Vergilendirme ve Gelir

Journal:

Yönetim Bilimleri Dergisi Vol.23 Issue 57, pp.1501-1530

Document Type:

Article

Publication Date:

7/2025

Document Language:

Turkish

Document ID (Org No.):

2001355305

pISSN:

1304-5318

Keywords:

Abstract:

 Since its establishment, the Republic of Türkiye has undergone various political, economic, and social changes that have shaped its tax structure and guided its tax policies. The impact of changes in the tax structure on economic growth has been examined through different economic approaches and scientific methods. In this context, Solows 1956 Neoclassical growth models and Romers 1986 Endogenous growth models have provided significant theoretical frameworks. The effects of tax revenues on economic growth have been analyzed, particularly in recent years, through empirical studies conducted in various countries. This study comparatively examines the effects of tax revenues on economic growth in developed and developing countries. Analyses were conducted using the Bootstrap Panel Causality Test developed by Kónya 2006 for Türkiye and five selected developed countries Denmark, Australia, France, Germany, and the United States. The primary objective of the study is to determine whether the results for Türkiye, as a developing country, converge with those of the selected developed countries. The findings reveal a similar trend across all six countries examined. A significant and negative Granger causality relationship was found from tax revenues to economic growth. Conversely, a significant and positive relationship was identified from economic growth to tax revenues. These results indicate that Türkiyes economic structure and tax policies share certain similarities with those of developed countries. Furthermore, the findings suggest that the relationship between taxes and growth may vary depending on the economic structures and levels of development of countries, although general trends show parallels. This highlights the necessity of carefully evaluating the effects of tax policies on economic growth at both national and international levels. In this regard, the results underscore the importance for policymakers to consider the potential impacts of tax policies on economic growth when shaping their strategies.

 Since its establishment, the Republic of Türkiye has undergone various political, economic, and social changes that have shaped its tax structure and guided its tax policies. The impact of changes in the tax structure on economic growth has been examined through different economic approaches and scientific methods. In this context, Solows 1956 Neoclassical growth models and Romers 1986 Endogenous growth models have provided significant theoretical frameworks. The effects of tax revenues on economic growth have been analyzed, particularly in recent years, through empirical studies conducted in various countries. This study comparatively examines the effects of tax revenues on economic growth in developed and developing countries. Analyses were conducted using the Bootstrap Panel Causality Test developed by Kónya 2006 for Türkiye and five selected developed countries Denmark, Australia, France, Germany, and the United States. The primary objective of the study is to determine whether the results for Türkiye, as a developing country, converge with those of the selected developed countries. The findings reveal a similar trend across all six countries examined. A significant and negative Granger causality relationship was found from tax revenues to economic growth. Conversely, a significant and positive relationship was identified from economic growth to tax revenues. These results indicate that Türkiyes economic structure and tax policies share certain similarities with those of developed countries. Furthermore, the findings suggest that the relationship between taxes and growth may vary depending on the economic structures and levels of development of countries, although general trends show parallels. This highlights the necessity of carefully evaluating the effects of tax policies on economic growth at both national and international levels. In this regard, the results underscore the importance for policymakers to consider the potential impacts of tax policies on economic growth when shaping their strategies.

 Since its establishment, the Republic of Türkiye has undergone various political, economic, and social changes that have shaped its tax structure and guided its tax policies. The impact of changes in the tax structure on economic growth has been examined through different economic approaches and scientific methods. In this context, Solows 1956 Neoclassical growth models and Romers 1986 Endogenous growth models have provided significant theoretical frameworks. The effects of tax revenues on economic growth have been analyzed, particularly in recent years, through empirical studies conducted in various countries. This study comparatively examines the effects of tax revenues on economic growth in developed and developing countries. Analyses were conducted using the Bootstrap Panel Causality Test developed by Kónya 2006 for Türkiye and five selected developed countries Denmark, Australia, France, Germany, and the United States. The primary objective of the study is to determine whether the results for Türkiye, as a developing country, converge with those of the selected developed countries. The findings reveal a similar trend across all six countries examined. A significant and negative Granger causality relationship was found from tax revenues to economic growth. Conversely, a significant and positive relationship was identified from economic growth to tax revenues. These results indicate that Türkiyes economic structure and tax policies share certain similarities with those of developed countries. Furthermore, the findings suggest that the relationship between taxes and growth may vary depending on the economic structures and levels of development of countries, although general trends show parallels. This highlights the necessity of carefully evaluating the effects of tax policies on economic growth at both national and international levels. In this regard, the results underscore the importance for policymakers to consider the potential impacts of tax policies on economic growth when shaping their strategies.

 Türkiye Cumhuriyetinin kuruluşundan itibaren yaşadığı siyasi, ekonomik ve sosyal değişimler, vergi yapısını şekillendirmiş ve uygulanacak vergi politikalarına yön vermiştir. Vergi yapısındaki değişimlerin ekonomik büyüme üzerindeki etkileri, farklı iktisadi yaklaşımlar ve bilimsel yöntemlerle incelenmiştir. Bu bağlamda, Solowun 1956 Neoklasik büyüme modelleri ile Romerin 1986 öncülük ettiği İçsel büyüme modelleri önemli birer teorik çerçeve sunmuştur. Vergi gelirlerinin ekonomik büyüme üzerindeki etkisi, bu teoriler doğrultusunda özellikle son yıllarda çeşitli ülkeler üzerinde yapılan deneysel araştırmalarla ele alınmıştır. Bu çalışma, gelişmiş ve gelişmekte olan ülkelerde vergi gelirlerinin ekonomik büyümeye etkisini karşılaştırmalı olarak incelemektedir. Türkiye ve seçilen beş gelişmiş ülke Danimarka, Avustralya, Fransa, Almanya ve ABD için analizler, Kónya 2006 tarafından geliştirilen Bootstrap Panel Nedensellik Testi ile gerçekleştirilmiştir. Çalışmanın temel amacı, gelişmekte olan bir ülke olan Türkiyenin, vergi gelirleri ve ekonomik büyüme ilişkisi bağlamında gelişmiş ülkelerle sonuçlarının yakınsama gösterip göstermediğini ortaya koymaktır. Analiz bulguları, incelenen altı ülkenin tamamında benzer bir eğilim olduğunu göstermektedir. Vergi gelirlerinden ekonomik büyümeye doğru anlamlı ve negatif yönlü bir Granger nedensellik ilişkisi tespit edilmiştir. Bununla birlikte, ekonomik büyümeden vergi gelirlerine doğru anlamlı ve pozitif bir ilişki olduğu belirlenmiştir. Bu sonuçlar, Türkiyenin ekonomik yapısının ve vergi politikalarının, gelişmiş ülkelerle belirli açılardan benzerlik taşıdığına işaret etmektedir. Ayrıca, çalışmada elde edilen bulgular, vergi ve büyüme ilişkisinin ülkelerin ekonomik yapıları ve gelişmişlik düzeylerine bağlı olarak farklılık gösterebileceğini ancak genel eğilimlerin paralellik gösterebileceğini ortaya koymaktadır. Bu durum, vergi politikalarının ekonomik büyüme üzerindeki etkilerinin hem ulusal hem de uluslararası düzeyde dikkatle değerlendirilmesi gerektiğini vurgulamaktadır. Bu bağlamda, elde edilen sonuçlar, politika yapıcıların vergi politikalarını belirlerken ekonomik büyüme üzerindeki olası etkileri dikkate almalarının önemini bir kez daha ortaya koymaktadır.

Article Details

RELATIONSHIP BETWEEN TAXATION AND ECONOMIC GROWTH: AN ANALYSIS FOR TÜRKİYE AND SELECTED COUNTRIES

Authors:

Gamze Asena Akgöl | Musa Gök

Publisher:

Çanakkale Onsekiz Mart University

Main Topics:

Ekonometrik ve İstatistiksel Yöntemler | Panel Veri Analizi | Kamu Ekonomisi - Vergilendirme ve Gelir

Journal:

Yönetim Bilimleri Dergisi Vol.23 Issue 57, pp.1501-1530

Document Type:

Article

Publication Date:

7/2025

Document Language:

Turkish

Document ID (Org No.):

2001355305

pISSN:

1304-5318

Taxation

Tax Policy

Economic Growth

Bootstrap Causality TestVergileme

Vergi Politikası

Ekonomik Büyüme

Bootstrap Nedensellik Testi

Issues

Article Details

Authors: Gamze Asena Akgöl | Musa Gök

Publisher: Çanakkale Onsekiz Mart University

Main Topics: Ekonometrik ve İstatistiksel Yöntemler | Panel Veri Analizi | Kamu Ekonomisi - Vergilendirme ve Gelir

Journal: Yönetim Bilimleri Dergisi Vol.23 Issue 57, pp.1501-1530

Document Type: Article

Publication Date: 7/2025

Document Language: Turkish

Document ID (Org No.): 2001355305

pISSN: 1304-5318

Issues

Authors:

Gamze Asena Akgöl | Musa Gök

Publisher:

Çanakkale Onsekiz Mart University

Main Topics:

Ekonometrik ve İstatistiksel Yöntemler | Panel Veri Analizi | Kamu Ekonomisi - Vergilendirme ve Gelir

Journal:

Yönetim Bilimleri Dergisi Vol.23 Issue 57, pp.1501-1530

Document Type:

Article

Publication Date:

7/2025

Document Language:

Turkish

Document ID (Org No.):

2001355305

pISSN:

1304-5318