IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2025i7p20-42.html
   My bibliography  Save this article

Socio-Economic Risks Impact on Tax Revenues of EU Member States in the Context of COVID-19

Author

Listed:
  • Stoyan Prodanov
  • Svetlana Avrionova
  • Mariyana Pavlova-Banova
  • Petko Angelov

Abstract

The COVID-19 pandemic is defined as one of the contemporary global systemic risks for society because of its huge impact on all economic agents and economies. This study aims to analyse the public finance and national tax revenues, which are the main source of financial resources for crisis interventions. The study is based on empirical data from open-access databases of national and global origin on econometric modelling. The results confirm the socio-economic risks impact tax revenues in different strengths and degrees in individual EU member states, and proving the importance of specific factors affecting the revenues from the most essential budgetary source (taxes) for any economy should be the basis of the implemented fiscal policy in periods of economic shocks with the ongoing COVID-19 pandemic characteristics.

Suggested Citation

  • Stoyan Prodanov & Svetlana Avrionova & Mariyana Pavlova-Banova & Petko Angelov, 2025. "Socio-Economic Risks Impact on Tax Revenues of EU Member States in the Context of COVID-19," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 20-42.
    • Handle: RePEc:bas:econst:y:2025:i:7:p:20-42
    as

    Download full text from publisher

    File URL: http://archive.econ-studies.iki.bas.bg/2025/2025_07/2025_07_02.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • G01 - Financial Economics - - General - - - Financial Crises
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    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:bas:econst:y:2025:i:7:p:20-42. 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: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.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.