Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/105374 
Erscheinungsjahr: 
2014
Quellenangabe: 
[Journal:] Contemporary Economics [ISSN:] 2084-0845 [Volume:] 8 [Issue:] 3 [Publisher:] Vizja Press & IT [Place:] Warsaw [Year:] 2014 [Pages:] 329-347
Verlag: 
Vizja Press & IT, Warsaw
Zusammenfassung: 
This paper investigates the relationship between economic growth in Poland and four types of taxes and human capital investment. We primarily rely on an exogenous growth model that merges the Mankiw-Romer-Weil model, augmented with learning-by-doing and spillover-effects, with selected elements from the literature on optimal taxation. We demonstrate that in the period 2000- 2011, economic growth in Poland was primarily due to a rapid increase in the human capital stock (at a rate of 5% per annum) and only secondarily due to the accumulation of productive capital (2.7% annually). Simulations of tax cuts suggest that income taxes and consumption taxes restrict economic growth equally heavily. Simultaneously reducing all tax rates by 5 percentage points (pp) in Poland should increase annual GDP growth by approximately 0.4 pp. Increasing spending on education by 1 pp of GDP would increase the growth rate by approximately 0.3 pp.
Schlagwörter: 
fiscal policy
income taxes
labor taxes
capital taxes
VAT
economic growth
human capital
JEL: 
E62
H21
H52
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
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