Hidden Bibliographic Details
| Other authors / contributors: | Yoo, Jiae, author.
International Monetary Fund. Fiscal Affairs Department, issuing body.
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| ISBN: | 9781475534733
1475534736
9781616359171
161635917X
9781616355678
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| Digital file characteristics: | data file
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| Notes: | Title from PDF title page (IMF Web site, viewed November 14, 2012).
"Fiscal Affairs Department"--Page 2 of pdf
"October 2012"--Page 2 of pdf
Includes bibliographical references (pages 19-20).
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| Summary: | "We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least 20 years of observations on total tax revenue during the period 1970-2009 -- 21 high-income, 23 middle-income and 25 low-income countries. To our knowledge this is the most comprehensive and up-to-date dataset on tax composition and growth. We find that increasing income taxes while reducing consumption and property taxes is associated with slower growth over the long run. We also find that: (1) among income taxes, social security contributions and personal income taxes have a stronger negative association with growth than corporate income taxes; (2) a shift from income taxes to property taxes has a strong positive association with growth; and (3) a reduction in income taxes while increasing value added and sales taxes is also associated with faster growth"--Abstract
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| Standard no.: | 10.5089/9781475534733.001
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