Optimal tax structure for consumption and income inequality : an empirical assessment

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2018
Outros Autores: Alves, José
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/16265
Resumo: In the present empirical analysis, we try to assess the impact of taxation on investment growth. In particular, and by using gross _xed 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, especially higher for short-term than for long-term horizon. In addition, we find optimal income taxation around 9%, in percentage of GDP, an average optimal value of 12.7% for consumption taxes to promote annual investment growth.
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spelling Optimal tax structure for consumption and income inequality : an empirical assessmentInvestment 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 _xed 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, especially higher for short-term than for long-term horizon. In addition, we find optimal income taxation around 9%, in percentage of GDP, an average optimal value of 12.7% for consumption taxes to promote annual investment growth.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaAfonso, AntónioAlves, José2018-10-30T11:04:06Z2018-102018-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/16265engAfonso, António e José Alves (2018). "Optimal tax structure for consumption and income inequality : an empirical assessment". Instituto Superior de Economia e Gestão – REM Working paper nº 051 - 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:RCAAP2023-03-06T14:46:06Zoai:www.repository.utl.pt:10400.5/16265Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:01:42.812325Repositório 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 Optimal tax structure for consumption and income inequality : an empirical assessment
title Optimal tax structure for consumption and income inequality : an empirical assessment
spellingShingle Optimal tax structure for consumption and income inequality : an empirical assessment
Afonso, António
Investment Growth
Tax systems
Fiscal Policy
Optimal taxation
title_short Optimal tax structure for consumption and income inequality : an empirical assessment
title_full Optimal tax structure for consumption and income inequality : an empirical assessment
title_fullStr Optimal tax structure for consumption and income inequality : an empirical assessment
title_full_unstemmed Optimal tax structure for consumption and income inequality : an empirical assessment
title_sort Optimal tax structure for consumption and income inequality : an empirical assessment
author Afonso, António
author_facet Afonso, António
Alves, José
author_role author
author2 Alves, José
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
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 _xed 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, especially higher for short-term than for long-term horizon. In addition, we find optimal income taxation around 9%, in percentage of GDP, an average optimal value of 12.7% for consumption taxes to promote annual investment growth.
publishDate 2018
dc.date.none.fl_str_mv 2018-10-30T11:04:06Z
2018-10
2018-10-01T00:00:00Z
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/10400.5/16265
url http://hdl.handle.net/10400.5/16265
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António e José Alves (2018). "Optimal tax structure for consumption and income inequality : an empirical assessment". Instituto Superior de Economia e Gestão – REM Working paper nº 051 - 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
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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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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