The Analysis of the Economic Impact of VAT on the Economic Growth in Southern Europe

Autor:	Cosmina-Ștefania Chiricu
Jazyk:	angličtina
Rok vydání:	2019
Předmět:	050208 finance h29 Economic policy h24 vat 05 social sciences nutritional and metabolic diseases Economics as a science 0502 economics and business Economics economic growth rate Economic impact analysis panel data regression 050207 economics Business management HB71-74 indirect taxes
Zdroj:	Review of Economic and Business Studies, Vol 12, Iss 2, Pp 47-56 (2019) PhD Stefania Chiricu
ISSN:	2068-7249
Popis:	The Southern Region of Europe is economically well-developed with highly industrialized urban areas and with great agricultural potential. The empirical analysis is based on an econometric assessment that measures the impact of the VAT on the rate of economic growth for years between 1996 and 2017. The empirical evidence highlighted a significant positive impact of VAT on economic growth, but a poor and ineffective use of the tax revenues during the period under review. Moreover, evidence revealed relatively high rates of VAT in the countries analyzed, with negative impact on the aggregate consumption and a diminishing effect of the consumer’s income.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::816016de62e56f46163e98f96906718b https://doaj.org/article/3b06688671b64f889517cfc87c5f7faf Zobrazit plný text záznamu