The effect of tax burden on economic growth in the European Union

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The effect of tax burden on economic growth in the European Union

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

The effect of tax burden on economic growth in the European Union

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GA402%2F08%2F0067" target="_blank" >GA402/08/0067: Finanční integrace nových členských zemí EU s eurozónou</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2010

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

6

Strana od-do

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Název nakladatele

University of South Bohemia

Místo vydání

České Budějovice

Místo konání akce

České Budějovice

Datum konání akce

1. 1. 2010

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

BTS47