The Resource Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource)
Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource)
Resource Information
The item Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries.This item is available to borrow from all library branches.
Resource Information
The item Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource) represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of Missouri-St. Louis Libraries.
This item is available to borrow from all library branches.
- Summary
- This paper examines the relationship between tax structures and economic growth by entering indicators of the tax structure into a set of panel growth regressions for 21 OECD countries, in which both the accumulation of physical and human capital are accounted for. The results of the analysis suggest that income taxes are generally associated with lower economic growth than taxes on consumption and property. More precisely, the findings allow the establishment of a ranking of tax instruments with respect to their relationship to economic growth. Property taxes, and particularly recurrent taxes on immovable property, seem to be the most growth-friendly, followed by consumption taxes and then by personal income taxes. Corporate income taxes appear to have the most negative effect on GDP per capita. These findings suggest that a revenue-neutral growth-oriented tax reform would be to shift part of the revenue base towards recurrent property and consumption taxes and away from income taxes, especially corporate taxes. There is also evidence of a negative relationship between the progressivity of personal income taxes and growth. All of the results are robust to a number of different specifications, including controlling for other determinants of economic growth and instrumenting tax indicators
- Language
- eng
- Extent
- 1 online resource 29 pages
- Label
- Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries
- Title
- Do Tax Structures Affect Aggregate Economic Growth?
- Title remainder
- Empirical Evidence from a Panel of OECD Countries
- Statement of responsibility
- Jens Arnold
- Language
- eng
- Summary
- This paper examines the relationship between tax structures and economic growth by entering indicators of the tax structure into a set of panel growth regressions for 21 OECD countries, in which both the accumulation of physical and human capital are accounted for. The results of the analysis suggest that income taxes are generally associated with lower economic growth than taxes on consumption and property. More precisely, the findings allow the establishment of a ranking of tax instruments with respect to their relationship to economic growth. Property taxes, and particularly recurrent taxes on immovable property, seem to be the most growth-friendly, followed by consumption taxes and then by personal income taxes. Corporate income taxes appear to have the most negative effect on GDP per capita. These findings suggest that a revenue-neutral growth-oriented tax reform would be to shift part of the revenue base towards recurrent property and consumption taxes and away from income taxes, especially corporate taxes. There is also evidence of a negative relationship between the progressivity of personal income taxes and growth. All of the results are robust to a number of different specifications, including controlling for other determinants of economic growth and instrumenting tax indicators
- Cataloging source
- FR-PaOEC
- http://library.link/vocab/creatorName
- Arnold, Jens
- Government publication
- international or intergovernmental publication
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Series statement
- OECD Economics Department Working Papers,
- Series volume
- no.643
- http://library.link/vocab/subjectName
- Economics
- Label
- Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource)
- Antecedent source
- not applicable
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 762085017
- Dimensions
- 21 x 30 cm
- Extent
- 1 online resource 29 pages
- File format
- one file format
- Form of item
- online
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.1787/236001777843
- Specific material designation
- remote
- System control number
- (OCoLC)762085017
- Label
- Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource)
- Antecedent source
- not applicable
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 762085017
- Dimensions
- 21 x 30 cm
- Extent
- 1 online resource 29 pages
- File format
- one file format
- Form of item
- online
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.1787/236001777843
- Specific material designation
- remote
- System control number
- (OCoLC)762085017
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.umsl.edu/portal/Do-Tax-Structures-Affect-Aggregate-Economic/Y44nqpRPDKA/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.umsl.edu/portal/Do-Tax-Structures-Affect-Aggregate-Economic/Y44nqpRPDKA/">Do Tax Structures Affect Aggregate Economic Growth? : Empirical Evidence from a Panel of OECD Countries, Jens Arnold, (electronic resource)</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.umsl.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.umsl.edu/">University of Missouri-St. Louis Libraries</a></span></span></span></span></div>
