Prague Economic Papers 2019, 28(4):449-464 | DOI: 10.18267/j.pep.705

Impact of Harmonization on the Implicit Tax Rate of Consumption

Andrea Fehera, Bogdan Virgil Condeab, Daniela Harangusb
a Banat University of Agricultural Sciences and Veterinary Medicine "King Michael I of Romania" in Timisoara, Faculty of Management and Rural Tourism; Romania
b "Aurel Vlaicu" University of Arad, Faculty of Economic Sciences, Romania

This paper brings to the foreground an indicator rather less used in specialized studies - the implicit tax rate of consumption - as an effective tax rate of consumption. In an empirical analysis, we try to analyse the impact of the main determinants on the implicit tax rate of consumption. The analysis is based on the panel technique in order to show the impact of tax harmonization on consumer taxation at EU27, EU15 and NMS12 levels, testing three hypotheses: (1) the implicit tax rate of consumption is directly influenced by the economic growth rate; (2) the effects of harmonization are more pronounced in the new EU member states; (3) during an economic crisis, the budget deficit and public debt determine changes in the implicit tax rate.

Klíčová slova: value added tax, implicit tax rate, budgetary deficit, public debt, econometric mo-delling
JEL classification: F36, F37, F38

Vloženo: 24. květen 2017; Přijato: 21. září 2018; Zveřejněno online: 23. říjen 2018; Zveřejněno: 3. září 2019  Zobrazit citaci

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Feher, A., Condea, B.V., & Harangus, D. (2019). Impact of Harmonization on the Implicit Tax Rate of Consumption. Prague Economic Papers, 28(4), 449-464. doi: 10.18267/j.pep.705
Stáhnout citaci
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Zobrazit celý článek

    Reference

    1. Baltagi, B. H. (2008). Econometric Analysis of Panel Data. Hoboken: John Wiley & Sons Ltd. ISBN 978-0470744031. Přejít k původnímu zdroji...
    2. Baum, C. F. (2001). Residual Diagnostics for Cross-section Time Series Regression Models. The Stata Journal, 1(1), 101-104, https://doi.org/10.1177/1536867x0100100108 Přejít k původnímu zdroji...
    3. Conconi, P., Perroni, C., Riezman, R. (2008). Is Partial tax Harmonization Desirable? Journal of Public Economics, 92(1-2), 254-267, https://doi.org/10.1016/j.jpubeco.2007.03.010 Přejít k původnímu zdroji...
    4. De Grauwe, P. (2013). Pool Debt, or Face Dangerous Upheavals across Europe. Europe's World, Spring. [Retrieved 2016-05-05] Available at: http://www.europesworld.org/NewEnglish/Home_old/Article/tabid/191/ArticleType/articleview/ArticleID/22076/language/en-US/Default.aspx
    5. European Commission (2018). VAT Rates Applied in the Member States of the European Union, Situation at 1st January 2018. Available at: https://ec.europa.eu/taxation_customs/sites/taxation/ files/resources/documents/taxation/vat/how_vat_works/rates/vat_rates_en.pdf
    6. Feher, A., Goșa, V., Raicov, M., Haranguș, D., Condea, B. V. (2017). Convergence of Romanian and Europe Union Agriculture - Evolution and Prospective Assessment. Land Use Policy, 67, 670-678, https://doi.org/10.1016/j.landusepol.2017.06.016 Přejít k původnímu zdroji...
    7. Fourçans, A. (2006). Can Tax Competition Lead to a Race to the Bottom in Europe? A Skeptical View. Dep. of Economics, Middlebury, Vt. : Middlebury College.
    8. James, S., Oats, L. (1998). Tax Harmonisation and the Case of Corporate Taxation. Revenue Law Journal, 8(1), Article 3. Přejít k původnímu zdroji...
    9. Kunst, R-M. (2009). Econometric Methods for Panel Data - Part II. [Retrieved 2016-07-09] Available at: http://homepage.univie.ac.at/robert.kunst/panels2e.pdf
    10. Mara, E. R. (2013). Public Finances between Competition and Tax Harmonization. Cluj-Napoca: Risoprint Publishing House.
    11. Nerudova, D. (2008). Tax Harmonization in EU. [Retrieved 2016-04-07] Available at: http://mibes.teilar.gr/e-books/2008/ Nerudova%2090-109.pdf
    12. Onaran, O., Boesch, V., Leibrecht, M. (2011). How Does Globalization Affect the Implicit Tax Rates on Labor Income, Capital Income, and Consumption in the European Union?. Economic Inquiry, 50(4), 880-904, https://doi.org/10.1111/j.1465-7295.2011.00420.x Přejít k původnímu zdroji...
    13. Persson, T., Tabellini, G. (1995). Double-edged Incentives: Institutions and Policy Coordination. Handbook of International Economics, vol. III. North-Holland, Amsterdam, https://doi.org/10.1016/s1573-4404(05)80018-8 Přejít k původnímu zdroji...
    14. Razin, A., Sadka, E. (1991). International Tax Competition and the Gains from Tax Harmonization. Economics Letters, 37(1), 69-76, https://doi.org/10.1016/0165-1765(91)90245-g Přejít k původnímu zdroji...
    15. Rodrik, D., Van Ypersele, T. (2001). When Does International Capital Mobility Require Tax Coordination? Journal of International Economics, 54, 57-73. Přejít k původnímu zdroji...
    16. Slintáková, B., Klazar, S. (2010). Impact of Harmonisation on Distribution of VAT in The Czech Republic. Prague Economic Paper, 19(2), 133-149, https://doi.org/10.18267/j.pep.368 Přejít k původnímu zdroji...
    17. Turnovsky, S. J. (1997). International Macroeconomic Dynamics. Cambridge, MA: MIT Press. ISBN 9780262201117. Přejít k původnímu zdroji...
    18. Taxation Paper No 38 (2013). Tax Reforms in EU Member States: Tax Policy.

    Tento článek je publikován v režimu tzv. otevřeného přístupu k vědeckým informacím (Open Access), který je distribuován pod licencí Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), která umožňuje nekomerční distribuci, reprodukci a změny, pokud je původní dílo řádně ocitováno. Není povolena distribuce, reprodukce nebo změna, která není v souladu s podmínkami této licence.


    Zpět na obsah