|
EconStor >
Deutsche Bundesbank, Forschungszentrum, Frankfurt am Main >
Discussion Papers, Deutsche Bundesbank >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/64816
|
| | |
| Title: | | Estimating dynamic tax revenue elasticities for Germany  |
| Authors: | | Koester, Gerrit B. Priesmeier, Christoph |
| Issue Date: | | 2012 |
| Series/Report no.: | | Discussion Paper, Deutsche Bundesbank 23/2012 |
| 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. |
| Subjects: | | Dynamic tax revenue elasticities Disaggregated analysis Error correction models |
| JEL: | | H2 H24 H25 E26 |
| ISBN: | | 978-3-86558-842-5 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Discussion Papers, Deutsche Bundesbank
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/64816
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|