• Medientyp: Bericht; E-Book
  • Titel: Composition of taxes and growth: Evidence from OECD panel data
  • Beteiligte: Luo, Weijie [Verfasser:in]
  • Erschienen: Kiel: Kiel Institute for the World Economy (IfW), 2019
  • Sprache: Englisch
  • Schlagwörter: non-distortionary taxation ; distortionary taxation ; O40 ; H20 ; growth ; E62
  • Entstehung:
  • Anmerkungen: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Beschreibung: This paper analyzes the impact of the composition of taxes on economic growth using a panel of OECD countries. In contrast to Kneller et al. (Fiscal policy and growth: evidence from OECD countries, 1999), over 1980-2005 distortionary taxation did not reduce growth, while an increase in non-distortionary taxation had a negative association with growth. When the data are extended to the great recession and its recovery period (1980−2015), distortionary taxation significantly reduces growth as originally conjectured, but the negative effect of non-distortionary taxation survives. This paper argues that distortions from expenditure taxes in recent years can be accounted for by a combination of an exploding increased debt/GDP and globalization.
  • Zugangsstatus: Freier Zugang
  • Rechte-/Nutzungshinweise: Namensnennung (CC BY)