التفاصيل البيبلوغرافية
| العنوان: |
Panel estimating effects of macroeconomic determinants on tax revenue level in European Union. |
| Alternate Title: |
Panel procenjivanje efekata makroekonomskih determinanti na nivo poreskih prihoda u Evropskoj uniji. (Croatian) |
| المؤلفون: |
Kalaš, Branimir, Todorović, Jadranka Đurović, Đorđević, Marina |
| المصدر: |
Industry / Industrija; 2020, Vol. 48 Issue 3, p41-57, 17p |
| مصطلحات موضوعية: |
INTERNAL revenue, PUBLIC spending, VECTOR autoregression model, INDIRECT taxation, DIRECT taxation, FIXED effects model, GROSS domestic product |
| Abstract (English): |
The level of tax revenue represents one of the most important issues for every country, especially in extraordinary circumstances. The aim of this paper is to identify which macroeconomic determinants are important to total tax revenue in order to determine which variables are the key generators of tax revenue collection. The subject of this research represents the estimating effects of selected macroeconomic determinants on total tax revenue in European Union countries from 2006 to 2018. Empirical analysis includes three panel regression models where total tax revenue, direct tax revenue and indirect tax revenue are determined as dependent variables. Results of fixed effects model show that 1% increase of GDP enhances total tax revenue for 6.91%. Government expenditure, total investment and population have positive effect on total tax revenue where 1% increase of these determinants raise total tax revenue for 2.38%, 0.001% and 0.57% in these countries. Contrary, inflation, unemployment and gross national savings negatively affect the total tax revenue where their growth by 1% cause lower level of total tax revenue for 3.72%, 0.001% and 1.48%. Likewise, gross domestic product and total investment lead to greater change of direct tax revenue and indirect tax revenue. Empirical findings show that governments in EU countries should focus to higher GDP growth rate, greater level of government expenditure and total investment to enhance the total tax revenue level. [ABSTRACT FROM AUTHOR] |
| Abstract (Croatian): |
Nivo poreskih prihoda predstavlja jedno od najvažnijih pitanja za svaku zemlju, naročito u vanrednim okolnostima. Cilj ovog rada je identifikovati koje makroekonomske determinante su važne za ukupne poreske pirhode kako bi se utvrdilo koje varijable su ključni generatori prikupljanja poreskih prihoda. Predmet ovog istraživanja predstavlja procenjivanje efekata odabranih makroekonomskih determinanti na ukupne poreske prihode u Evropskoj uniji od 2006. do 2018. godine. Empirijska analiza uključuje tri panel regresiona modela gde su ukupni poreski prihodi, prihodi od direktnih poreza i prihodi od indirektnih poreza određeni kao zavisne varijable. Rezultati modela fiksnih efekata prikazuju da povećanje bruto domaćeg proizvoda od 1% poboljšava ukupne poreske prihode za 6.91%. Državni rashodi, ukupne investicije i populacija imaju pozitivne efekte na ukupne poreske prihode, pri čemu rast ovih determinanti od 1% povećava ukupne poreske prihode za 2.38%, 0.001% i 0.57% u posmatranim zemljama. Suprotno, inflacija, nezaposlenost i ukupna štednja stanovništva negativno utiču na ukupne poreske prihode, gde njihov rast za 1% izaziva niži nivo ukupnih poreskih prihoda za 3.72%, 0.001% i 1.48%. Takođe, bruto domaći proizvod i ukupne investicije dovode do veće promene prihoda od direktnih poreza i prihoda od indirektnih poreza. Empirijski nalazi pokazuju da bi se vlade u zemljama EU trebale fokusirati na veću stopu BDP rasta, viši nivo državnih rashoda i ukupnih investicija kako bi poboljšale nivo ukupnih poreskih prihoda. [ABSTRACT FROM AUTHOR] |
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| قاعدة البيانات: |
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