Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/48250 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorArin, K. Perenen
dc.contributor.authorBerlemann, Michaelen
dc.contributor.authorKoray, Faiken
dc.contributor.authorKuhlenkasper, Torbenen
dc.date.accessioned2011-07-07-
dc.date.accessioned2011-07-14T14:38:01Z-
dc.date.available2011-07-14T14:38:01Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/48250-
dc.description.abstractOne of the major challenges of empirical tax research is the identification and calculation of appropriate tax data. While there is consensus that average marginal tax rates are most suitable for studying the effects of tax policy on economic growth, due to data limitations the calculation of marginal tax rates has been limited to the U.S. and the U.K. This paper provides calculations of average marginal tax rates for the four Scandinavian countries using the methodologies of Seater [1982, 1985] and Barro and Sahasakul [1983, 1986]. Then, by pooling the newly calculated tax rates for the Scandinavian countries with the data for the U.S. and the U.K., we investigate the effects of tax policy shocks on the per capita GDP growth rate. Our results suggest that an increase in average marginal tax rates has a negative impact on economic growth. Employing Additive Mixed Panel Models with penalized splines as estimation approach, we show that changes in tax rates have nonlinear effects. Increasing average marginal tax rates turn out to be the most distorting at relatively moderate tax rates.en
dc.language.isoengen
dc.publisher|aHamburgisches WeltWirtschaftsInstitut (HWWI) |cHamburgen
dc.relation.ispartofseries|aHWWI Research Paper |x104en
dc.subject.jelE62en
dc.subject.jelH30en
dc.subject.ddc330en
dc.subject.keywordAverage marginal tax ratesen
dc.subject.keywordtax policyen
dc.subject.keywordeconomic growthen
dc.subject.keywordpanel data analysisen
dc.subject.keywordadditive mixed modelsen
dc.titleThe taxation-growth-nexus revisited-
dc.typeWorking Paperen
dc.identifier.ppn663751233en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwirp:104en

Files in This Item:
File
Size
244.69 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.