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A Study on the Relationship between Fiscal Pressure and the Business Confidence Index

Author

Listed:
  • Georgeta VINTILA

    (Bucharest University of Economic Studies)

  • Ioana Laura TIBULCA

    (Bucharest University of Economic Studies)

Abstract

In the current economic context, taxation impacts all aspects of the business environment. Using the business confidence index as an estimation of the expected evolution of the manufacturing sector and fiscal pressure as the result of taxation of companies, this study analyses the relationship between the two variables. Our conclusions are based on data collected from the OECD member states, analysed using regression estimation. The results of our research reveal the influence of taxation on business confidence.

Suggested Citation

  • Georgeta VINTILA & Ioana Laura TIBULCA, 2014. "A Study on the Relationship between Fiscal Pressure and the Business Confidence Index," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(1), pages 107-112, January.
    • Handle: RePEc:rsr:supplm:v:62:y:2014:i:1:p:107-112
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    References listed on IDEAS

    as
    1. Paul G. Darling, 1955. "A Surrogative Measure Of Business Confidence And Its Relation To Stock Prices," Journal of Finance, American Finance Association, vol. 10(4), pages 442-458, December.
    2. Giuseppe Parigi & Paolo Carnazza, 2003. "Tentative business confidence indicators for the Italian economy," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 22(8), pages 587-602.
    3. Ng, Yew-Kwang, 1992. "Business Confidence and Depression Prevention: A Mesoeconomic Perspective," American Economic Review, American Economic Association, vol. 82(2), pages 365-371, May.
    4. Christopher Heye, 1993. "Labor Market Tightness and Business Confidence: An International Comparison," Politics & Society, , vol. 21(2), pages 169-193, June.
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    More about this item

    Keywords

    business confidence; fiscal pressure; taxation;
    All these keywords.

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • F30 - International Economics - - International Finance - - - General

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