Dalamagas, Basil A.; Palaios, Panagiotis; Tantos, Stefanos - In: Economies : open access journal 7 (2019) 3/77, pp. 1-25
utility maximization process to estimate the optimal tax revenue from a sample of 30 countries. It is shown that an optimal …, consumption) tend to capture the impact of all the remaining factors on tax revenue. It is also shown that our utility … maximization method generates tax-effort indices which do not differ significantly from those of IMF and World Bank studies. The …