Theoretical and Applied Economics
No. 8 / 2011 (561)
Optimality of Fiscal Policy in Romania in Terms of Laffer Curve
“Spiru Haret” University, Bucharest
Petre BREZEANU
Bucharest Academy of Economic Studies
Abstract. Optimality of fiscal policy is an issue widely debated in the literature from multiple perspectives. One way to address this problem is with the Laffer curve, causing the correlation between tax burden and tax revenue. This paper addresses the correlation with Laffer curve for income tax made during the period 2000-2010, highlighting the fact that the Romanian economy lies in the inadmissible slope of the curve, both in analyzing the entire period, and in the part of each year. Moreover, this result reveals the existence of unnecessary redistribution of income in the Romanian economy during the period under review.
Contents
Empirical Study on the Financial Reporting of Intangible Assets by Romanian Companies
Optimum Repartition of Transport Capacities in the Logistic System using Dynamic Programming
User Types in Online Applications
Optimality of Fiscal Policy in Romania in Terms of Laffer Curve
The Causal Relationship between Health and Education Expenditures in Malaysia
Law Antimonopoly of China – a Model of European Inspiration
Work: Social Status and the Role of Work along History – Since Ancient Times to Modern Times
Determination of Import Demand in Pakistan: The Role of Expenditure Components
Stock Markets Correlation: before and during the Crisis Analysis
The Decision to Invest and Economic Growth. Romania’s Case
Economic Crisis Perspective between Current and Forecast