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
Englisch

Erschienen in
Series: Economics Discussion Papers ; No. 2019-43

Klassifikation
Wirtschaft
Taxation, Subsidies, and Revenue: General
Fiscal Policy
Economic Growth and Aggregate Productivity: General
Thema
distortionary taxation
non-distortionary taxation
growth

Ereignis
Geistige Schöpfung
(wer)
Luo, Weijie
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Luo, Weijie
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2019

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