Abstract:

The collection of tax revenues by governments serves many purposes. Although taxes basically aim to finance public expenditures, they are also a tool used for the realization of economic and social purposes. Therefore, tax revenues have an significant function in the realization of these goals. On the other hand, unpredictable situations such as natural disasters have a very negative effect on the country's economy. The Covid-19 pandemic, which emerged in China at the end of 2019 and shook the world, was one of these disasters, and negatively affected the economies of the countries globally. In this study, the impact of the Covid-19 pandemic on tax revenues in Turkey was determined. In the present study, in which the time series analysis method was used, the single break Lee-Strazicich structural unit root test was used to determine whether the variables were stationary or not, and the Gregory-Hansen cointegration test was used to determine whether there was a cointegration relationship between the variables. As a result of the long-term FMOLS, DOLS and CCR estimations of the structural break cointegration analysis of the variables, a statistically significant and negative effect of the Covid-19 pandemic on tax revenues was determined.