The effect of tax burden on economic growth in the European Union
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F10%3A%230000565" target="_blank" >RIV/47813059:19520/10:#0000565 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The effect of tax burden on economic growth in the European Union
Original language description
The paper analyzes the effect of tax burden on the economic growth in the European Union. The analysis is performed on a panel data of 24 EU countries in a period 1995 - 2008, panel regression with fixed effects is the basic method of esti-ations. Results of empirical tests verify statistically significant negative effect of tax burden on GDP growth. Total tax quota increase by 1% decreases the GDP growth rate by 0.29 percentage point in the same year. Estimations confirm statistically significant negative effect of direct taxes on GDP growth as well. A cut in the direct tax quota by 1 % raises the GDP growth rate by 0.43 %. Model also presents negative correlation between corporate income taxes and GDP growth. Regression coefficient (- 1.28) expresseshigh negative impact of an increase the corporate in-come taxes on GDP growth. Effect of social contribution quota on GDP growth is not statistically significant in any estimation.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GA402%2F08%2F0067" target="_blank" >GA402/08/0067: Financial Integration of the EU New Member States with Eurozone</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 28th International Conference on Mathematical Methods in Economics 2010
ISBN
978-80-7394-218-2
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
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Publisher name
University of South Bohemia
Place of publication
České Budějovice
Event location
České Budějovice
Event date
Jan 1, 2010
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
BTS47