Arbeitspapier
Composition of taxes and growth: Evidence from OECD panel data
This paper analyzes the impact of the composition of taxes on economic growth using a panel of OECD countries. In contrast to Kneller et al. (Fiscal policy and growth: evidence from OECD countries, 1999), over 1980-2005 distortionary taxation did not reduce growth, while an increase in non-distortionary taxation had a negative association with growth. When the data are extended to the great recession and its recovery period (1980−2015), distortionary taxation significantly reduces growth as originally conjectured, but the negative effect of non-distortionary taxation survives. This paper argues that distortions from expenditure taxes in recent years can be accounted for by a combination of an exploding increased debt/GDP and globalization.
- Sprache
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Englisch
- Erschienen in
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Series: Economics Discussion Papers ; No. 2019-43
- Klassifikation
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Wirtschaft
Taxation, Subsidies, and Revenue: General
Fiscal Policy
Economic Growth and Aggregate Productivity: General
- Thema
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distortionary taxation
non-distortionary taxation
growth
- Ereignis
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Geistige Schöpfung
- (wer)
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Luo, Weijie
- Ereignis
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Veröffentlichung
- (wer)
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Kiel Institute for the World Economy (IfW)
- (wo)
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Kiel
- (wann)
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2019
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Luo, Weijie
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2019