1
Associate Professor of Economics, University of Tabriz
2
M.A Student in Economics, University of Tabriz
Abstract
Even though, the revenue from the sales of crude oil has accounted for much of the state's revenues, tax revenues, on the other hand contributes to a large and growing share of the government budget. Based on the literature, the financial system has an important influence on economic growth and hence the study of the empirical relationship between financial system and tax revenues is vital and will help policy makers in achieving the objectives of economic growth and reducing the country’s dependence on oil revenues. The purpose of this research is to study the effect of banking and stock market activities on the tax revenues in Iran. In this regard, an Auto Regressive Distributed Lag Model was used applying seasonal data for 2000-2013 period. The results of the model estimation revealed different effects of banking and stock market activities on the tax revenues.The results indicated that banking and stock market activities had a significant and positive effect on tax revenues.
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Assadzadeh, A., & Fouman Ajirlou, Y. (2017). Investigating Effects of Banking and Stock Market Activities on Tax Revenues in Iran. Quarterly Journal of Applied Theories of Economics, 4(1), 149-172.
MLA
Ahmad Assadzadeh; Yasaman Fouman Ajirlou. "Investigating Effects of Banking and Stock Market Activities on Tax Revenues in Iran". Quarterly Journal of Applied Theories of Economics, 4, 1, 2017, 149-172.
HARVARD
Assadzadeh, A., Fouman Ajirlou, Y. (2017). 'Investigating Effects of Banking and Stock Market Activities on Tax Revenues in Iran', Quarterly Journal of Applied Theories of Economics, 4(1), pp. 149-172.
VANCOUVER
Assadzadeh, A., Fouman Ajirlou, Y. Investigating Effects of Banking and Stock Market Activities on Tax Revenues in Iran. Quarterly Journal of Applied Theories of Economics, 2017; 4(1): 149-172.
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