Tax Burden and Economic Growth in OECD Countries: Two Indicators Comparison

Autoři

ZIMČÍK Petr

Rok publikování 2016
Druh Článek ve sborníku
Konference 34th International Conference Mathematical Methods in Economics 2016
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
www http://mme2016.tul.cz/conferenceproceedings/mme2016_conference_proceedings.pdf
Obor Ekonomie
Klíčová slova Economic growth; tax burden; tax quota; World Tax Index
Popis The aim of this paper is to examine possible effect s of tax burden on real economic growth in 32 OECD countries. The research is focused on individual components of two tax burden indicators. A tax quot a is used in most of the similar studies and World Tax Index is an alternative. Inst ead of concentrating on the ag- gregate effects of tax burden, we rather focus on t he effects of individual taxes in both indicators. These individual indicators are se parately added into the augmented endogenous growth model with physical capital appro ximation as well as other con- trol variables. The dynamic panel regression is use d as a method to analyze any tax burden effects in a time period of 2000-2013. Main findings of this paper are that product taxes show the most significant adverse eff ects on the economic growth. Re- sults also indicate that property taxes can positiv ely stimulate economic growth rate. There is a certain contradiction between our result s and majority of similar empirical studies. Any distortionary tendencies of corporate income tax quotas are identified as statistically insignificant in analysis and have no effects on economic growth.
Související projekty:

Používáte starou verzi internetového prohlížeče. Doporučujeme aktualizovat Váš prohlížeč na nejnovější verzi.