The Impact of Taxes on Economic Growth in the Long-Run and Short-Run

被引:0
|
作者
Vrablikova, Vera [1 ]
机构
[1] VSB Techn Univ Ostrava, Fac Econ, Dept Econ, Ostrava 70121, Czech Republic
关键词
economic growth; taxes; short-run; long-run; FISCAL-POLICY;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this article is to analyze the impact of taxes on economic growth in the long-run and short-run. The panel regression analysis and the generalized method of moments were used to explore the relationship between observed variables. Models are verified using data of selected OECD members from the period 1970-2013, Long-run and short-run economic growth is lowered by taxes. The impact of taxes on economic growth is stronger when time base is decreased. The most negative influence was proven for taxes on consumption, The Impact of corporate taxes on economic growth is positive. The negative impact of individual tax and value added taxes were evidenced only in the long-run. Statistically significant impact of property tax and social security contribution weren't proven.
引用
收藏
页码:456 / 462
页数:7
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