%0 Journal Article
%T Tax-Spend or Spend-Tax: An Ampirical Survey on Turkey
%A Hasim Akca
%A Cevat Bilgin
%J Business and Economics Research Journal
%D 2013
%I Business and Economics Research Journal
%X In general, governments attempt to prepare balanced budgets. But countries¡¯ specific economic conditions often lead to politicians to prepare budgets with deficits. However, if the economic policies can not be sustained, economic crisis become unavoidable. There is a causal relationship between tax revenues and increase in public expenditures. This relation could take the form of tax-spend or spend-tax, or both instruments could be synchronized. This study examines Turkey¡¯s budget in respect to taxation and public expenditures. Examination of data for 1924-2009 suggests that it is better first to collect tax revenues and then plan the public spending program.
%K Tax-spend
%K Spend-tax
%K Fiscal Synchronization
%K Cointegration
%U http://www.berjournal.com/tax-spend-or-spend-tax-an-ampirical-survey-on-turkey