IDEAS home Printed from https://ideas.repec.org/a/aic/revebs/y2019j24chiricuc.html
   My bibliography  Save this article

The Analysis Of The Economic Impact Of Vat On The Economic Growth In Southern Europe

Author

Listed:
  • COSMINA-ȘTEFANIA CHIRICU

    (The Bucharest University of Economic Studies, 6 Piata Romana, 1st district, Bucharest, 010374 Romania)

Abstract

The Southern Region of Europe is economically well-developed with highly industrialized urban areas and with great agricultural potential. The empirical analysis is based on an econometric assessment that measures the impact of the VAT on the rate of economic growth for years between 1996 and 2017. The empirical evidence highlighted a significant positive impact of VAT on economic growth, but a poor and ineffective use of the tax revenues during the period under review. Moreover, evidence revealed relatively high rates of VAT in the countries analyzed, with negative impact on the aggregate consumption and a diminishing effect of the consumer’s income.

Suggested Citation

  • Cosmina-ȘTefania Chiricu, 2019. "The Analysis Of The Economic Impact Of Vat On The Economic Growth In Southern Europe," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 24, pages 47-56, December.
    • Handle: RePEc:aic:revebs:y:2019:j:24:chiricuc
    as

    Download full text from publisher

    File URL: http://rebs.feaa.uaic.ro/articles/pdfs/273.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    indirect taxes; panel data regression; VAT; economic growth rate.;
    All these keywords.

    JEL classification:

    • H29 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aic:revebs:y:2019:j:24:chiricuc. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sireteanu Napoleon-Alexandru (email available below). General contact details of provider: https://edirc.repec.org/data/feaicro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.