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Journals / Maliye Dergisi / 2019 / Cilt: 0 - Sayı: 177

The Effects of Fiscal Policy on Consumer Confidence: The Case of Turkey

Maliye Politikasının Tüketici Güveni Üzerindeki Etkisi: Türkiye Uygulaması

Tuba GEZER
Güner TUNCER
Pages
218–246
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

Empirical findings have revealed that when public revenue increases, which means contractionary fiscal policies are applied, consumer confidence index increases as well.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Government uses fiscal policy instruments to achieve certain social and economic objectives.
📊
Key Findings & Data:What sort of policies are needed to increase confidence of consumers is another research question.
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Conclusion & Impact:Empirical findings have revealed that when public revenue increases, which means contractionary fiscal policies are applied, consumer confidence index increases as well.
🔬Design:Modeling & Simulation
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Government uses fiscal policy instruments to achieve certain social and economic objectives. Nowadays, consumer confidence index, which shows consumer trends, has begun to be increasingly important. The relationship between consumer confidence and the fiscal policy is the starting point of this study. What sort of policies are needed to increase confidence of consumers is another research question. The relationship between consumer confidence and fiscal policy instruments in Turkey is examined for the period of 2006M1-2017M8. As a result of the analysis made with an ARDL model, a short- and long-term relationship has been found between consumer confidence index and government revenue is investigated with ARDL models. Empirical findings have revealed that when public revenue increases, which means contractionary fiscal policies are applied, consumer confidence index increases as well.

Özet

Devlet belirli sosyal ve ekonomik amaçları gerçekleştirmek için maliye politikası enstrümanlarını kullanmaktadır. Tüketicilerin harcama eğilimlerini gösteren tüketici güven endeksi günümüzde gittikçe artan öneme sahip olmaya başlamıştır. Bu çalışmanın çıkış noktası tüketici güveni ile maliye politikası arasındaki ilişki ve tüketici güvenini artırmak için nasıl politikalar belirlenmesi gerektiği olmuştur. Bu çalışmada, Türkiye’de tüketici güven endeksi ve maliye politikası araçları arasındaki ilişki 2006M1-2017M8 dönemi için incelenmiştir. ARDL metoduyla yapılan analizde tüketici güven endeksi ve kamu gelirleri arasında kısa ve uzun dönemli bir ilişkinin varlığı bulunmuştur. Ampirik bulgular sonucunda kamu gelirleri artırıldığında yani daraltıcı maliye politikaları uygulandığında tüketici güven endeksinin arttığı gözlemlenmiştir.

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Cite This Article

GEZER, T., TUNCER, G. (2022). The Effects of Fiscal Policy on Consumer Confidence: The Case of Turkey. Maliye Dergisi, Cilt: 0 - Sayı: 177, 218–246. https://ajindex.com/articles/577894

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