The impact of tax structure on investment : an empirical assessment for OECD countries

Detalhes bibliográficos
Autor(a) principal: Alves, José
Data de Publicação: 2018
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/16341
Resumo: In the present empirical analysis we try to assess the impact of taxation on investment growth. In particular, and by using gross fixed capital formation as a proxy for investment, we intend to evaluate the impact of the taxation structure in investment dynamics, in a short and a long-run perspectives. This empirical exercise was conducted for all OECD countries, during the 1980-2015 period. Through panel data econometric techniques, we find optimal tax-investment threshold values, specially higher for short-term than for long-term evolution. Also, we find optimal income taxation rounding 9%, in percentage of GDP, an average optimal value 12.7% for consumption taxes to promote annual investment growth.
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spelling The impact of tax structure on investment : an empirical assessment for OECD countriesInvestment GrowthTax systemsFiscal PolicyOptimal taxationIn the present empirical analysis we try to assess the impact of taxation on investment growth. In particular, and by using gross fixed capital formation as a proxy for investment, we intend to evaluate the impact of the taxation structure in investment dynamics, in a short and a long-run perspectives. This empirical exercise was conducted for all OECD countries, during the 1980-2015 period. Through panel data econometric techniques, we find optimal tax-investment threshold values, specially higher for short-term than for long-term evolution. Also, we find optimal income taxation rounding 9%, in percentage of GDP, an average optimal value 12.7% for consumption taxes to promote annual investment growth.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaAlves, José2018-11-14T10:52:54Z2018-112018-11-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/16341engAlves, José (2018). "The impact of tax structure on investment : an empirical assessment for OECD countries". Instituto Superior de Economia e Gestão – REM Working papers nº 058 - 20182184-108Xinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:46:10Zoai:www.repository.utl.pt:10400.5/16341Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:46.327806Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The impact of tax structure on investment : an empirical assessment for OECD countries
title The impact of tax structure on investment : an empirical assessment for OECD countries
spellingShingle The impact of tax structure on investment : an empirical assessment for OECD countries
Alves, José
Investment Growth
Tax systems
Fiscal Policy
Optimal taxation
title_short The impact of tax structure on investment : an empirical assessment for OECD countries
title_full The impact of tax structure on investment : an empirical assessment for OECD countries
title_fullStr The impact of tax structure on investment : an empirical assessment for OECD countries
title_full_unstemmed The impact of tax structure on investment : an empirical assessment for OECD countries
title_sort The impact of tax structure on investment : an empirical assessment for OECD countries
author Alves, José
author_facet Alves, José
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Alves, José
dc.subject.por.fl_str_mv Investment Growth
Tax systems
Fiscal Policy
Optimal taxation
topic Investment Growth
Tax systems
Fiscal Policy
Optimal taxation
description In the present empirical analysis we try to assess the impact of taxation on investment growth. In particular, and by using gross fixed capital formation as a proxy for investment, we intend to evaluate the impact of the taxation structure in investment dynamics, in a short and a long-run perspectives. This empirical exercise was conducted for all OECD countries, during the 1980-2015 period. Through panel data econometric techniques, we find optimal tax-investment threshold values, specially higher for short-term than for long-term evolution. Also, we find optimal income taxation rounding 9%, in percentage of GDP, an average optimal value 12.7% for consumption taxes to promote annual investment growth.
publishDate 2018
dc.date.none.fl_str_mv 2018-11-14T10:52:54Z
2018-11
2018-11-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/16341
url http://hdl.handle.net/10400.5/16341
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Alves, José (2018). "The impact of tax structure on investment : an empirical assessment for OECD countries". Instituto Superior de Economia e Gestão – REM Working papers nº 058 - 2018
2184-108X
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv ISEG - REM - Research in Economics and Mathematics
publisher.none.fl_str_mv ISEG - REM - Research in Economics and Mathematics
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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