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(GDP) is Wagner's law. This law was developed in the late-19th century by Adolph Wagner (1835-1917), a prominent German … expenditure and real GDP is tested using three versions of Wagner's law. Design/methodology/approach To test the validity of … long-term relationship between GDP and government expenditure. Moreover, the causal relationship is found to be bi …
Persistent link: https://www.econbiz.de/10012615345
This paper constructs annual GDP estimates for Ireland (1924-47) to join the first complete official aggregates. The …
Persistent link: https://www.econbiz.de/10014533854
This paper constructs annual GDP estimates for Ireland (1924-47) to join the first complete official aggregates. The …
Persistent link: https://www.econbiz.de/10014532422
GDP which were proposed in the last decades – the Human Development Index (HDI), the Genuine Progress Indicator (GPI), and …
Persistent link: https://www.econbiz.de/10009646343
Recent events have rekindled interest in the role of primary commodities in development. Was the boom in commodity prices from around 2003 through 2008 just a cyclical event, or does it suggest that prices have entered on a period of secular strength, driven by factors such as demand in big,...
Persistent link: https://www.econbiz.de/10008837658
-causality from different tax burden to GDP in the USA for the period 1947:1 –2009:3. The frequency domain analysis shows that … current receipts, personal current tax, taxes on production and imports and taxes on corporate income do not Granger-cause GDP …, both at the short and high frequency level; however, current tax receipts Granger-cause GDP in the frequency range of (0 …
Persistent link: https://www.econbiz.de/10009397024
of GDP to levels below -1.0 percent of GDP. The analysis in this paper suggests that this reversal was directly related …
Persistent link: https://www.econbiz.de/10009251295
This paper shows that the variability of indirect tax elasticity relative to GDP has increased significantly in recent … real GDP has increased dramatically since 2010. This finding has substantial policy implications; failure to account for …
Persistent link: https://www.econbiz.de/10010686698
For more than half a century, scholars and international agencies have been making recommendations about taxation in developing countries. The advice economists have offered to developing countries has changed over time, particularly regarding income and consumption taxes. Why? What do we know...
Persistent link: https://www.econbiz.de/10008837645
The “smartest” development policy needs to be underpinned by “smart” tax policy. However, the best tax policy in the world is worth little if it cannot be implemented effectively. What can be done, to a considerable extent, inevitably determines what is done. Increasing tax revenues...
Persistent link: https://www.econbiz.de/10008837672