Other formats:
BibTeX
LaTeX
RIS
@article{1349268,
author = {Zimčík, Petr},
article_number = {Issue 2/2016},
doi = {http://dx.doi.org/10.1515/revecp-2016-0007},
keywords = {Taxation; Panel Data; Government Expenditures; EU; economic growth},
language = {eng},
issn = {1213-2446},
journal = {Národohospodářský obzor},
title = {Economic Growth and Budget Constraints: EU Countries Panel Data Analysis},
url = {http://nho.econ.muni.cz/2-2016/economic-growth-and-budget-constraints-eu-countries-panel-data-analysis},
volume = {Volume 16},
year = {2016}
}
TY - JOUR
ID - 1349268
AU - Zimčík, Petr
PY - 2016
TI - Economic Growth and Budget Constraints: EU Countries Panel Data Analysis
JF - Národohospodářský obzor
VL - Volume 16
IS - Issue 2/2016
SP - 87-101
EP - 87-101
PB - Masarykova univerzita
SN - 12132446
KW - Taxation
KW - Panel Data
KW - Government Expenditures
KW - EU
KW - economic growth
UR - http://nho.econ.muni.cz/2-2016/economic-growth-and-budget-constraints-eu-countries-panel-data-analysis
L2 - http://nho.econ.muni.cz/2-2016/economic-growth-and-budget-constraints-eu-countries-panel-data-analysis
N2 - The aim of this paper is to identify the impacts of different taxes and expenditures on economic growth. The research is focused on 20 selected European Union Member States. These countries are equally divided into four groups based on their average tax burden as presented in the World Tax Index. A comparison of fiscal attributes among these groups is important for the analysis. Annual government finance data from the years 1995 to 2012 are used for an empirical study. The indicators observed are real GDP change, the composition and volume of total government expenditures, tax quotas of individual taxes and total budget balance. These indicators are used within an endogenous growth model together with capital stock and an approximation of human capital. A panel regression with fixed effects is used as an analytic tool. The main results are that an increase in social contributions, property, production and personal income tax quotas has an adverse effect on economic growth.
ER -
ZIMČÍK, Petr. Economic Growth and Budget Constraints: EU Countries Panel Data Analysis. \textit{Národohospodářský obzor}. Masarykova univerzita, 2016, Volume 16, Issue 2/2016, p.~87-101. ISSN~1213-2446. Available from: https://dx.doi.org/10.1515/revecp-2016-0007.
|
