In this empirical study we assess both linear and nonlinear relationship between total taxation and several tax items … evaluate the effects of taxation on economic growth for both short and long run perspectives, and to find optimal tax threshold … values. We obtain evidence of nonlinear relationships between all tax items, except for corporate income taxation, as well as …

framework for the analysis of the relationship between taxation and economic growth. The second part focuses on the relations … between central government decisions on taxation and its influence on savings, investments and economic growth. In this part … authors checks two points of view on taxation. The first is that a low level tax burden is conducive to economic growth, and …