@techreport{Koester2012Estimating,
abstract = {We analyse tax revenue elasticities by applying dynamic models to a new disaggregated dataset for Germany, which is adjusted for the effects of tax reforms. We estimate long-run elasticities that are substantially lower than in comparable studies for profit-related taxes and are slightly lower for value-added taxes, whereas the long-run elasticity for wage taxes is close to the consensus estimate in the literature. Additionally, we find that differences between short- and long-run elasticities are particularly important with respect to profit-related taxes. Here we estimate a far lower contemporaneous response to tax base changes than other studies and a dynamic reaction pattern spanning several years, which can be explained, for example, by tax collection lags.},
address = {Frankfurt, M.},
author = {Gerrit B. Koester and Christoph Priesmeier},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-3-86558-842-5},
keywords = {H2; H24; H25; E26; 330; Dynamic tax revenue elasticities; Disaggregated analysis; Error correction models},
language = {eng},
number = {23/2012},
publisher = {Dt. Bundesbank},
title = {Estimating dynamic tax revenue elasticities for Germany},
type = {Discussion Paper, Deutsche Bundesbank},
url = {http://hdl.handle.net/10419/64816},
year = {2012}
}
