Analysis of the relationship between tax revenue and gross value added in the Romanian economy
Victor Ogneru
Any government is interested in knowing, to a certain extent degree, the level of tax revenue at a given time in order to design public expenditures. On the other hand, this level of budget revenue is desirable to be sustainable, i.e. to be supported by the existing economi c conditions at a given moment. One way to estimate the expected revenues is the relationship of the tax bases with the main macroeconomic indicators. It is assumed that the main source of tax is gross value added in the economy. This article examines the nature of gross value added links with the tax revenue, on the one hand, and with the tax bases of each category of tax, on the other hand, in order to identify the best predictors of tax revenue for Romania. The analysis was carried out using multiple tim e series regressions in the cases of Romania and the standard (benchmark) states (Germany, France, the United Kingdom and Italy), respectively regressions on cross - sectional data in the case of Member States of the European Union.
Year of publication: |
2019
|
---|---|
Authors: | Ogneru, Victor |
Published in: |
Financial studies. - Bucharest : [Verlag nicht ermittelbar], ISSN 2066-6071, ZDB-ID 2737729-5. - Vol. 23.2019, 2, p. 37-55
|
Subject: | tax revenue | macroeconomic analysis | public finance | econometric modeling | estimation | Steuereinnahmen | Tax revenue | Rumänien | Romania | Umsatzsteuer | Sales tax |
Saved in:
freely available
Type of publication: | Article |
---|---|
Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Other identifiers: | hdl:10419/231676 [Handle] |
Classification: | H20 - Taxation, Subsidies, and Revenue. General ; C51 - Model Construction and Estimation |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012037357
Saved in favorites
Similar items by subject
-
Analysis of the relationship between tax revenue and gross value added in the Romanian economy
Ogneru, Victor, (2019)
-
Remittances and public finances : evidence from oil-price shocks
Asatryan, Zareh, (2016)
-
An attempt to design a fiscal profile of the Romanian tax system
Leonida, Ionel, (2021)
- More ...
Similar items by person