The Course of Tax Revenue During the Process of Population Aging: Empirical Evidence from Turkey

Ali Gökhan Gã–lã‡ek and Bilal GÖ de

Fiscaoeconomia, 2023, issue s1

Abstract: Societies undergo continuous socio-economic transformations. One such significant change is the aging of the population, which carries substantial economic and social implications. This study examines the impact of population aging on tax revenues in Turkey, utilizing data spanning from 1971 to 2020. The ARDL cointegration analysis and the FMOLS long-term cointegration estimator were employed for the research. Contrary to the prevailing literature, the analysis results indicate a positive correlation between aging and tax revenue. Specifically, a 1% rise in the median age leads to a 2.71% increase in the share of tax revenues as a percentage of GDP.

Keywords: Aging Population; Tax Revenue; Turkey; ARDL; FMOLS (search for similar items in EconPapers)
JEL-codes: C22 C58 H20 J11 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:23s0123

DOI: 10.25295/fsecon.1348960

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