Return to search

Význam struktury daňových systémů pro ekonomický růst v zemích OECD - Extreme Bounds Analysis / The importance of tax system structure for economic growth in OECD countries - Extreme Bounds Analysis

The importance of tax system structure for economic growth in OECD countries - Extreme Bounds Analysis Abstract The thesis examines the importance of tax system structures for economic growth in OECD countries. It aims to find out whether a revenue-neutral tax reform can promote economic growth. In other words, its objective is to identify taxes which are most harmful for economic growth and suggest tax policy implications accordingly. The extreme bounds analysis is employed to examine the robustness of relationship between particular taxes and the growth rate. This method consists in running a number of regressions and observing how the coefficients respond to various model alterations. The results suggest that taxes levied on personal income have a robust negative impact on economic growth. On the other hand, consumption and property taxes appear to be non-significant predictors of economic growth. The policy implication is drawn that a revenue-neutral tax reform shifting the tax burden from personal income towards consumption and property is likely to boost the economy. JEL classification: H21, H24, H27, O11, O47 Key words: tax system structure, economic growth, extreme bounds analysis, tax reform

Identiferoai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:339610
Date January 2015
CreatorsChoutka, Petr
ContributorsKemény, Irena, Zeynalov, Ayaz
Source SetsCzech ETDs
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/masterThesis
Rightsinfo:eu-repo/semantics/restrictedAccess

Page generated in 0.0021 seconds