Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ HOLISTIC ECONOMICSarrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
HOLISTIC ECONOMICS
Article . 2023 . Peer-reviewed
License: CC BY
Data sources: Crossref
addClaim

The effects of financial development and tax on income inequality in Turkiye: The financial Kuznets curve hypothesis

Authors: Çisem Bektur;

The effects of financial development and tax on income inequality in Turkiye: The financial Kuznets curve hypothesis

Abstract

One of the factors that ensure the peace of society in a country is the fair distribution of income in that country. With the access of individuals to financial resources, the level of income increases, and this increase makes income distribution an even more important issue. Financial development is an important factor that can prevent income inequality. Kuznets approach put forward by Kuznets (1955) has been named the financialKuznets curve (FKC) with the finding of Greenwood and Jovanovic (1990). According to their theoretical stipulations, an inverted-U relation between financial sector development and income inequality exists. The main purpose of this study is to investigate whether financial development and tax have an effect on income distribution in the Turkish economy between the period of 1995-2021. Longterm estimation via ARDL boundary test indicates that the variables are cointegrated. It is revealed that the FKC hypothesis is not valid in the selected period.

Related Organizations
  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    2
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
2
Average
Average
Average
hybrid