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Effect of Housing on Net Error Omissions: An Application to Turkey Case

Author

Listed:
  • Dilek ALTAS

    (Marmara University)

  • Gulen Arikan

    (Marmara University)

Abstract

Net error and omission item, which covers the difference in balance of payment, occurs because of some statistical differences. Besides, net error and omission item represents unregistered income, in other words untaxed income in country budget. In this study, by using quarterly data for years 2000 to 2014, the effect of housing industry on money laundering will be investigated. By using quarterly data for housing licence permissions and with the help of coefficient of relations, changes in housing industry will be observed whether net error and omission item has a relation with it. Moreover, a regression model with one independent variable was created and the expressiveness of housing industry on money laundering will be also investigated. The objective is to present a brief information about data, with some statistical methods. At last, Granger Causality Test will be applied and it will be investigated whether the data affect each other.

Suggested Citation

  • Dilek ALTAS & Gulen Arikan, 2015. "Effect of Housing on Net Error Omissions: An Application to Turkey Case," Proceedings of International Academic Conferences 3105048, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:3105048
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    File URL: https://iises.net/proceedings/20th-international-academic-conference-madrid/table-of-content/detail?cid=31&iid=006&rid=5048
    File Function: First version, 2015
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    More about this item

    Keywords

    Net Error; Housing Industry; Unregistered Economy; Correlation Coefficient; Granger Causality Test;
    All these keywords.

    JEL classification:

    • C58 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Financial Econometrics
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

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