In the evaluation of the macroeconomic performance of the countries, the current account deficit is an important criterion. Especially in developing countries, the foreign trade deficit and current account deficit caused by the increase in imports are among the major macro-economic problems. Increasing the current account deficit, cause of the growing in special consumption taxes revenues, may be due to the increase in imports. On the other hand, it is also considered as a policy tool that special consumption taxes revenues used to reduce imports and resolve the current account deficit. In this context, the purpose of the study is to analyse the existence of the relationship between the current account deficit and special consumption tax revenues in Turkey for 2005:1-2013:9 period by using Granger Causality Test. The empirical findings reveal the presence of bi-directional causality between variables.
Alan : İlahiyat
Dergi Türü : Uluslararası
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