Analyzing the Relationship between Public Revenues and Public Expenditures by Wavelet Method: Evidence from G7 Countries

Nedim Mercan

Makale detayları

Analyzing the Relationship between Public Revenues and Public Expenditures by Wavelet Method: Evidence from G7 Countries

Yazarlar:

Nedim Mercan

Yayıncı:

Necmettin Erbakan University

Ana Başlıklar:

Maliye Politikası

Dergi:

Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.261-274

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001332319

pISSN:

2667-8063

Anahtar kelimeler:

Özet:

 In this study, the relationship between public revenues and public expenditures for G7 countries is examined. Wavelet method is used for the empirical analysis. Data between 1955 and 2022 are considered annually. In the study, the theoretically discussed tax-expenditure TE, expenditure-tax ET, fiscal synchronization FS and institutional separation IS hypotheses regarding income and expenditures are investigated. As a result of the analysis, it was determined that there was a positive relationship between the variables considered, it appears that there is no causality relationship between the variables. In this case, the validity of the institutional separation hypothesis, among the four theoretically discussed hypotheses, is proven. Therefore, the coordinated approach of institutions is important for achieving more effective results in terms of realizing the decisions taken on revenues and expenditures simultaneously.

 In this study, the relationship between public revenues and public expenditures for G7 countries is examined. Wavelet method is used for the empirical analysis. Data between 1955 and 2022 are considered annually. In the study, the theoretically discussed tax-expenditure TE, expenditure-tax ET, fiscal synchronization FS and institutional separation IS hypotheses regarding income and expenditures are investigated. As a result of the analysis, it was determined that there was a positive relationship between the variables considered, it appears that there is no causality relationship between the variables. In this case, the validity of the institutional separation hypothesis, among the four theoretically discussed hypotheses, is proven. Therefore, the coordinated approach of institutions is important for achieving more effective results in terms of realizing the decisions taken on revenues and expenditures simultaneously.

 In this study, the relationship between public revenues and public expenditures for G7 countries is examined. Wavelet method is used for the empirical analysis. Data between 1955 and 2022 are considered annually. In the study, the theoretically discussed tax-expenditure TE, expenditure-tax ET, fiscal synchronization FS and institutional separation IS hypotheses regarding income and expenditures are investigated. As a result of the analysis, it was determined that there was a positive relationship between the variables considered, it appears that there is no causality relationship between the variables. In this case, the validity of the institutional separation hypothesis, among the four theoretically discussed hypotheses, is proven. Therefore, the coordinated approach of institutions is important for achieving more effective results in terms of realizing the decisions taken on revenues and expenditures simultaneously.

 Bu çalışmada, G7 ülkeleri için kamu gelirleri ve kamu harcamaları arasındaki ilişki incelenmektedir. Ampirik analiz için Wavelet yöntemi kullanılmaktadır. 1955-2022 yılları arasındaki veriler yıllık olarak ele alınmaktadır. Çalışmada gelir ve harcamalara yönelik teorik olarak tartışılan vergi-harcama VH, harcama-vergi HV, mali senkronizasyon MS ve kurumsal farklılık KF hipotezleri araştırılmaktadır. Analiz sonucunda, ele alınan değişkenler arasında pozitif yönlü bir ilişki olduğu tespit edilmesiyle birlikte değişkenler arasında nedensel bir ilişkinin olmadığı görülmektedir. Bu durumda teorik olarak tartışılan dört hipotezden KF hipotezinin geçerliliği kanıtlanmaktadır. Dolayısıyla gelir ve harcamalara yönelik alınan kararların eş zamanlı gerçekleşmesi açısından kurumların koordineli yaklaşımı daha etkili sonuçlar elde etmek için önem arz etmektedir.

Makale detayları

Analyzing the Relationship between Public Revenues and Public Expenditures by Wavelet Method: Evidence from G7 Countries

Yazarlar:

Nedim Mercan

Yayıncı:

Necmettin Erbakan University

Ana Başlıklar:

Maliye Politikası

Dergi:

Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.261-274

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001332319

pISSN:

2667-8063

Public Revenue

Public Expenditures

Wavelet MethodKamu Geliri

Kamu Harcamaları

Wavelet Yöntemi

Sayı

Makale detayları

Analyzing the Relationship between Public Revenues and Public Expenditures by Wavelet Method: Evidence from G7 Countries

Yazarlar: Nedim Mercan

Yayıncı: Necmettin Erbakan University

Ana Başlıklar: Maliye Politikası

Dergi: Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.261-274

Belge Tipi: Makale

Yayın Tarihi: 12/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001332319

pISSN: 2667-8063

Public Revenue

Public Expenditures

Wavelet MethodKamu Geliri

Kamu Harcamaları

Wavelet Yöntemi

Sayı

Yazarlar:

Nedim Mercan

Yayıncı:

Necmettin Erbakan University

Ana Başlıklar:

Maliye Politikası

Dergi:

Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.261-274

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001332319

pISSN:

2667-8063