LEVEL AND VOLATILITY OF TAXES: THE IMPACT ON ECONOMIC GROWTH

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86086834" target="_blank" >RIV/61989100:27510/13:86086834 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
LEVEL AND VOLATILITY OF TAXES: THE IMPACT ON ECONOMIC GROWTH
Original language description
It is commonly discussed in the literature that different types of taxes and government spending may have different growth effects. The aim of this paper is to use the dynamic panel model of OECD countries to describe the effects of particular types of taxes on economic growth, but with a special emphasis on the impact of tax uncertainty, assuming that uncertainty is more harmful for the economic growth in comparison with the level of taxation. Data for the OECD countries in 2000-2010 are used in the dynamic panel data analysis. As a taxation proxy, two different variables are used - standard tax quota, and an alternative WTI (World Tax Index). The two models show contradictory results in the case of the impact of tax uncertainty. When using the tax quota, it shows a positive influence on growth, which contradicts the theoretical assumptions, while the use of the WTI leads to results consistent with theory and shows that the impact of tax uncertainty on economic growth is negative.
Czech name
—
Czech description
—

Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Taxes in the World : 3rd International Scientific Conference : proceedings : [Ostravice, 12.-13.12.2013]
ISBN
978-80-248-3133-6
ISSN
—
e-ISSN
—
Number of pages
14
Pages from-to
69-82
Publisher name
VŠB-Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostravice
Event date
Dec 12, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—

Similar results(10)