Influence of climate conditions on tax revenues

Artikel

In this paper, we investigate the effects of climate conditions on collected tax revenues, based on a panel-model approach. The dataset includes 123 countries and covers the period 1996-2010. The main results demonstrate that climate has a significant impact on tax revenues, the assumed function being nonlinear, with a cubic . and incomplete .-shape. We also find that governments situated in temperate climate zones, with low to moderate temperatures (the "optimal temperature" in our investigation), can ensure a good collection of tax revenues. The study suggests that a significant increase in collected tax revenues, without a major negative reaction by taxpayers, can be easily obtained by the public authority if situated in a temperate climate zone, that is, one with moderate temperatures.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Contemporary Economics ; ISSN: 2084-0845 ; Volume: 8 ; Year: 2014 ; Issue: 3 ; Pages: 315-328 ; Warsaw: Vizja Press & IT

Classification and Topics

• Classification: Wirtschaft ; Climate; Natural Disasters and Their Management; Global Warming ; Taxation, Subsidies, and Revenue: General ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
• Subject: climate conditions ; tax revenues ; effects ; tax policy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mutascu, Mihai
• Event: Veröffentlichung
• (who): Vizja Press & IT
• (where): Warsaw
• (when): 2014

Further information

• DOI: doi:10.5709/ce.1897-9254.148
• Handle: http://hdl.handle.net/10419/105389
• Last update: 10.03.2025, 11:43 AM CET