The effect of taxes and public expenditures on happiness: Empirical evidence from OECD countries

Creative Commons License

ŞAŞMAZ M. Ü., ŞAKAR E.

International Journal of Advanced and Applied Sciences, cilt.7, sa.8, ss.130-136, 2020 (ESCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 7 Sayı: 8
  • Basım Tarihi: 2020
  • Doi Numarası: 10.21833/ijaas.2020.08.014
  • Dergi Adı: International Journal of Advanced and Applied Sciences
  • Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), Scopus, Directory of Open Access Journals
  • Sayfa Sayıları: ss.130-136
  • Anahtar Kelimeler: Happiness, Panel data analysis, Public expenditure, Tax
  • Uşak Üniversitesi Adresli: Evet

Özet

Taxes collected for public expenditures have economic, social, and environmental objectives. Public expenditures financed through taxes cover a wide range of spending made by the public. They may have some effects on the happiness of individuals and society due to the fact that taxes are collected from individuals by force, and public expenditures are made for the needs and economic development of the country. In this study, the effect of taxes and public expenditures on happiness has been investigated in 23 OECD countries during the period of 2010-2017 by panel data analysis. As a result of the study, it has been determined that taxes and public expenditures have a positive effect on the level of happiness.