Investigation of the Connection Between Government Revenues and Economic Growth in BRICS Nations and Türkiye Using ChatGPT-4o

International Journal of Economics and Management Studies

© 2024 by SSRG - IJEMS Journal

Volume 11 Issue 12

Year of Publication : 2024

Authors : Özlem Koçakoğlu

10.14445/23939125/IJEMS-V11I12P101

How to Cite?

Özlem Koçakoğlu, "Investigation of the Connection Between Government Revenues and Economic Growth in BRICS Nations and Türkiye Using ChatGPT-4o," SSRG International Journal of Economics and Management Studies, vol. 11,  no. 12, pp. 1-6, 2024. Crossref, https://doi.org/10.14445/23939125/IJEMS-V11I12P101

Abstract:

Tax revenues, collected by the state from its citizens through its sovereign authority, represent the largest component of public income and significantly impact the formation of fiscal policies. Economic growth is among the key objectives targeted by these policies. Tax revenues directly and indirectly affect economic growth through savings, consumption, production, and employment. Achieving the goal of economic growth positively affects many macroeconomic factors. Positive developments in the economy increase economic activity, leading to an increase in tax revenues as well. This study has 3 important objectives. First, countries' tax revenue and economic growth are tested and analysed theoretically. Second, as mentioned in the previous section, this relationship between BRICS-T countries is analysed today. BRICS-T countries are so important for the global economy. Third, using the AI method.

Keywords:

ChatGPT4o, Tax revenues, BRICS, Türkiye, Economic growth.

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