Presbitero, Andrea F.; Sacchi, Agnese; Zazzaro, Alberto - In: Economics Letters 124 (2014) 3, pp. 428-433
This paper investigates the effects of property taxation on fiscal discipline for a sample of OECD countries over the period 1973–2011. We find that aggregate property taxation in total tax revenues is not statistically correlated with the primary surplus-to-GDP ratio. In contrast, a greater...