Evaluace predikcí daňových výnosů v ČR
| Title in English | Evaluation of Tax-Revenue Forecasts in the Czech Republic |
|---|---|
| Authors | |
| Year of publication | 2005 |
| Type | Article in Periodical |
| Magazine / Source | Finance a úvěr Czech Journal of Economics and Finance |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | public finance; tax revenues; revenue forecast; state budget |
| Description | The article analyzes macroeconomic forecasts of tax revenue in Czech Republic. Forecasts are tested for their bias on data from Czech Republic from 1993 to 2003. The authors argue that Czech tax-revenue forecasts have been highly biased in last decade. Best forecast quality could be found for consumption taxes (Vat and Excises), which bias is about 6-7 %. There is significant improvement of the forecast quality for personal income tax. Rest of analysed tax foreasts had no improvement during 1993-2002. Hypothesis of unbiasedness could not be rejected for most of Czech taxes. Exclusion are consumption taxes (Vat and Excises) |
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