Theoretical and Applied Economics
No. 2 / 2021 (627), Summer
The impact of taxation on growth: the case of Greece
University of Peloponnese, Greece
Vasiliki KREMASTIOTI
University of Peloponnese, Greece
Abstract. Several empirical papers have studied the negative effects of taxation on economic activities and especially on economic growth. There are several ways to estimate the negative effects of several kinds of taxation. The majority of authors analyses how tax on income influences economic growth and how taxes on corporate income affect economic growth. Other articles examine how to design an effective tax policy for economic recovery and growth. The analysis focuses on the impact of tax structures to long- run growth. This article examines how distortionary taxation and non-distortionary taxation influence growth. Specifically, in the empirical analysis, this paper uses different kinds of taxes such as taxes on income. All fiscal variables are expressed as percentage of GDP and were extracted from IMF database. Empirical analysis used time series for Greece from 1973 until 2018.
Contents
The impact of non-banking financial markets on economic development
The effect of financial liberalization on Malaysian economic growth
Causal relationship between agricultural exports and economic growth: a diagnostic approach
COVID-19 and CAPM: a tale of reference dependence with the pharma stocks’ returns
Statistical analysis on population ageing
An impulse response function analysis of the impact of modern payment technologies on money demand in Nigeria
Statistical analysis on the evolution of economic activity in Romania
Determinants of trade flows to Agadir Agreement countries: gravity model three-way approach
Case study: The impact on the Romanian State Budget in the case of EU adoption of the CCCTB Directive
Public expenditure and economic development: New evidence from the BRICS-SAARC-ASEAN region
The external debt burden and economic growth in Africa: a panel data analysis
What explains the real exchange rate movement for the BRICS nations? With a separate analysis for Indian economy
Export supporting strategy, distance to frontier and economic growth
Volatility Forecasting, Market Efficiency and Effect of Recession of SRI Indices
The impact of taxation on growth: the case of Greece