Tax Capacity and Growth : : Is there a Tipping Point? / / Vitor Gaspar, Laura Jaramillo, Philippe Wingender
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| Autore: |
Gaspar Vitor
|
| Titolo: |
Tax Capacity and Growth : : Is there a Tipping Point? / / Vitor Gaspar, Laura Jaramillo, Philippe Wingender
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2016 |
| Descrizione fisica: | 1 online resource (41 pages) : illustrations (some color) |
| Soggetto topico: | Taxation - United States |
| Econometrics | |
| Public Finance | |
| Taxation | |
| Structure, Scope, and Performance of Government | |
| Tax Evasion and Avoidance | |
| Economic Development: General | |
| Institutions and Growth | |
| Taxation, Subsidies, and Revenue: General | |
| Personal Income and Other Nonbusiness Taxes and Subsidies | |
| National Government Expenditures and Related Policies: Infrastructures | |
| Other Public Investment and Capital Stock | |
| Truncated and Censored Models | |
| Switching Regression Models | |
| Threshold Regression Models | |
| Public finance & taxation | |
| Welfare & benefit systems | |
| Econometrics & economic statistics | |
| Revenue administration | |
| Social security contributions | |
| Legal support in revenue administration | |
| Public investment spending | |
| Threshold analysis | |
| Taxes | |
| Expenditure | |
| Econometric analysis | |
| Revenue | |
| Social security | |
| Public investments | |
| Soggetto geografico: | United States Economic conditions |
| United States | |
| Altri autori: |
JaramilloLaura
WingenderPhilippe
|
| Nota di bibliografia: | Includes bibliographical references. |
| Sommario/riassunto: | Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary database covering 139 countries from 1965 to 2011 and a historical database for 30 advanced economies from 1800 to 1980. We find that the answer to the question is yes. Estimated tipping points are similar at about 12¾ percent of GDP. For the contemporary dataset we find that a country just above the threshold will have GDP per capita 7.5 percent larger, after 10 years. The effect is tightly estimated and economically large. |
| Titolo autorizzato: | Tax Capacity and Growth |
| ISBN: | 1-4755-5835-X |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910155202703321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2016/234