TAX POLICY EFFICIENCY IN OECD

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86086825" target="_blank" >RIV/61989100:27510/13:86086825 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
TAX POLICY EFFICIENCY IN OECD
Original language description
Fiscal or tax policy efficiency is primarily determined by the policy horizion and corresponding lag, which is not a common object of interest in contemporary economic literature. The aim of the paper is thus to determine the optimal tax policy horizon,and its strongest impact on economic growth in OECD countries, according to the overall tax burden and individual types of taxes. From a methodological point of view, the dynamic panel model is used. The taxation in the model is approximated by he standard tax quota as well as by an alternative World Tax Index (WTI). The results confirm the economic theory about the negative impact of taxes on growth and show that the tax policy influences the growth the strongest with the 2-year lag. In addition, it isshown that even with a lag of three years, the effects are still very strong and thus the horizon of fiscal policy is rather between 2?3 years. This is also confirmed for the particular types of taxes with the exception of VAT that exhib
Czech name
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Czech description
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Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 11th International Conference Economic Policy in the European Union Member Countries : [18.-20. September 2013, Ostrava]
ISBN
978-80-248-3095-7
ISSN
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e-ISSN
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Number of pages
14
Pages from-to
126-139
Publisher name
VŠB-Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Sep 18, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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