“Economic Sciences: theory and practice” is scientific, refereed, biannual journal. The Journal of “Economic Sciences: theory and practice” has been founded by Azerbaijan State University of Economics in 1994.
The Journal has been received to registration in the centre of international ISSN (International Standard Series Number, ISSN-2220-8739). Also, it has been included by the Supreme attestation Commission under the President of Azerbaijan Republic to the list of scientific publications on economic sciences.
Assistant prof., Seda Ozekicioglu, Associate prof., Yilmaz Bayar
The public sector contributes to the economic growth and economic development through especially health, education, transportation and information technologies investments. However, the share of the public sector in overall economy has decreased significantly due to privatization and tax revenues have become the crucial source of income for making investments. So the determinants of tax revenues also have gained importance concordantly. In this study, we research the effect of corruption, government effectiveness, regulatory quality, and rule of law representing the quality of public administration on the total tax revenues in 35 OECD countries during the periods 2002-2015 by employing panel regression analysis. The findings revealed that improvements in corruption, government effectiveness, regulatory quality, and rule of law have positive effect on tax revenues.
Keywords: Tax revenues, corruption, rule of law, public governance
JEL code: C33, H21, D73