TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE

Understanding the direction of the relationship between public expenditures and tax revenues is critical for achieving fiscal balances and formulating sustainable public policies. The study, which aims to analyze the long-run relationship between public expenditures and tax revenues in Palestine, co...

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Main Authors: Othman Sawafta, Aytül Bişgin
Format: Article
Language:English
Published: Adil AKINCI 2025-06-01
Series:Ekonomi Maliye İşletme Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/4776082
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author Othman Sawafta
Aytül Bişgin
author_facet Othman Sawafta
Aytül Bişgin
author_sort Othman Sawafta
collection DOAJ
description Understanding the direction of the relationship between public expenditures and tax revenues is critical for achieving fiscal balances and formulating sustainable public policies. The study, which aims to analyze the long-run relationship between public expenditures and tax revenues in Palestine, covers the period 2011Q1-2024Q2 and consists of 54 quarterly observations. In the analysis of the study, the FKPSS unit root test and Fourier cointegration (FSHIN) analysis, which allow for slow and soft breaks and are more successful in capturing structural changes, are used as econometric methods. In addition, the causality relationship between the variables is determined by the Toda Yamamoto causality. According to the unit root test results of the variables, it is concluded that both public expenditures and tax revenues variables are non-stationary at the level. As a result of the FSHIN cointegration test, no long-run cointegration relationship was found between public expenditures and tax revenues. According to the Toda Yamamoto causality test, while there is no causality relationship from tax revenues to public expenditures at the 5% level of significance, there is a unidirectional causality relationship from public expenditures to tax revenues at the 5% level of significance. The results support the validity of the Expenditure-Tax Hypothesis and reveal that public expenditures increase tax revenues by stimulating economic activity. The study shows the fragility and external dependence of the fiscal structure in Palestine and provides policy recommendations for long-term fiscal sustainability.
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spelling doaj-art-e7fadd3314914a4a9c48e8e5e540914c2025-08-20T03:17:13ZengAdil AKINCIEkonomi Maliye İşletme Dergisi2667-43782025-06-0181627710.46737/emid.16767191369TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINEOthman Sawafta0https://orcid.org/0000-0002-4169-8180Aytül Bişgin1https://orcid.org/0000-0003-2488-3541Palestine Technical UniversityKARAMANOĞLU MEHMETBEY ÜNİVERSİTESİUnderstanding the direction of the relationship between public expenditures and tax revenues is critical for achieving fiscal balances and formulating sustainable public policies. The study, which aims to analyze the long-run relationship between public expenditures and tax revenues in Palestine, covers the period 2011Q1-2024Q2 and consists of 54 quarterly observations. In the analysis of the study, the FKPSS unit root test and Fourier cointegration (FSHIN) analysis, which allow for slow and soft breaks and are more successful in capturing structural changes, are used as econometric methods. In addition, the causality relationship between the variables is determined by the Toda Yamamoto causality. According to the unit root test results of the variables, it is concluded that both public expenditures and tax revenues variables are non-stationary at the level. As a result of the FSHIN cointegration test, no long-run cointegration relationship was found between public expenditures and tax revenues. According to the Toda Yamamoto causality test, while there is no causality relationship from tax revenues to public expenditures at the 5% level of significance, there is a unidirectional causality relationship from public expenditures to tax revenues at the 5% level of significance. The results support the validity of the Expenditure-Tax Hypothesis and reveal that public expenditures increase tax revenues by stimulating economic activity. The study shows the fragility and external dependence of the fiscal structure in Palestine and provides policy recommendations for long-term fiscal sustainability.https://dergipark.org.tr/tr/download/article-file/4776082kamu harcamalarıvergi gelirlerifilistinfourier eşbütünleşme analizipublic expenditurestax revenuespalestinefourier cointegration analysis
spellingShingle Othman Sawafta
Aytül Bişgin
TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE
Ekonomi Maliye İşletme Dergisi
kamu harcamaları
vergi gelirleri
filistin
fourier eşbütünleşme analizi
public expenditures
tax revenues
palestine
fourier cointegration analysis
title TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE
title_full TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE
title_fullStr TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE
title_full_unstemmed TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE
title_short TESTING THE RELATIONSHIP BETWEEN PUBLIC EXPENDITURES AND TAX REVENUES BY FOURIER METHOD: THE CASE OF PALESTINE
title_sort testing the relationship between public expenditures and tax revenues by fourier method the case of palestine
topic kamu harcamaları
vergi gelirleri
filistin
fourier eşbütünleşme analizi
public expenditures
tax revenues
palestine
fourier cointegration analysis
url https://dergipark.org.tr/tr/download/article-file/4776082
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