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This document summarizes a research paper that analyzes the effects of tax shocks on private consumption expenditure in Turkey. The paper uses a structural VAR model to examine the short-run and long-run effects of three main taxes - value-added tax, special consumption tax, and personal income tax - on different components of private consumption expenditure. The empirical findings show that in the short-run, all three taxes significantly affect the components of private consumption, while in the long-run o

Author
toibihap
Language
EN