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Journals / Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi / 2017 / Cilt: 31 - Sayı: 2

ASYMMETRIC RESPONSES OF CONSUMER PRICES TO INDIRECT TAXES: THE CASE OF TURKEY FOR THE PERIOD OF 2006-2015

TÜKETİCİ FİYATLARININ DOLAYLI VERGİLERE ASİMETRİK TEPKİLERİ: 2006-2015 DÖNEMİ TÜRKİYE ÖRNEĞİ

Hale AKBULUT
Pages
273–288
Publication Date
2022-10-11
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Our findings do give support to the asymmetry hypothesis which suggests different effects for opposite changes

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this paper the relationship between indirect taxes and consumer prices are tested with quarterly data of the period 2006Q1-2015Q2 for Turkey.
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Key Findings & Data:Series are primarily seasonally adjusted and tested for stationarity.
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Conclusion & Impact:Our findings do give support to the asymmetry hypothesis which suggests different effects for opposite changes
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

In this paper the relationship between indirect taxes and consumer prices are tested with quarterly data of the period 2006Q1-2015Q2 for Turkey. Series are primarily seasonally adjusted and tested for stationarity. After finding that series are first-order stationary, the relationship between them are tested by employing Johansen Cointegration Test and Error Correction Model. According to findings of the paper, while the changes in indirect taxes have no effect on consumer prices in short term, it is observed that they affect consumer prices in a positive way in the long term. It is also tested that if the direction of the changes in indirect taxes differ in terms of the effects on the consumer prices. Our findings do give support to the asymmetry hypothesis which suggests different effects for opposite changes

Özet

Bu çalışmada dolaylı vergiler ile tüketici fiyatları arasındaki ilişki 2006Q1-2015Q2 dönemi üçer aylık verileri ile Türkiye için test edilmiştir. Seriler öncelikle mevsimsel etkilerden arındırılmış ve durağanlık açısından sınanmıştır.Serilerin birinci dereceden durağan olduklarının tespiti üzerine, aralarındaki ilişkinin sınanmasında Johansen Eş Bütünleşme Testi ve Hata Düzeltme Modeli'nden yararlanılmıştır. Çalışma bulgularına göre dolaylı vergilerdeki değişikliklerin kısa dönemde tüketici fiyatları üzerinde etkisi olmamakla birlikte, uzun dönemde tüketici fiyatları üzerinde aynı yönde etkide bulunduğu gözlemlenmiştir. Çalışmada ayrıca dolaylı vergilerdeki değişimin yönünün tüketici fiyatları üzerinde farklı etkiler yaratıp yaratmadığı aynı örneklemden yararlanılarak hata düzeltme modeli ile test edilmiştir. Bulgular; ters yöndeki değişimlerin farklı etkiler yaratacağını savunan asimetri hipotezini desteklemektedir

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Cite This Article

AKBULUT, H. (2022). ASYMMETRIC RESPONSES OF CONSUMER PRICES TO INDIRECT TAXES: THE CASE OF TURKEY FOR THE PERIOD OF 2006-2015. Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, Cilt: 31 - Sayı: 2, 273–288. https://ajindex.com/articles/453438

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