IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2014vspecialp526-535.html
   My bibliography  Save this article

The Vat And The Excise Duties- Comparative Analysis Romania – European Union

Author

Listed:
  • TEODORESCU CRISTIAN DRAGOS

    (PLOIESTI PETROLEUM AND GAS UNIVERSITY)

Abstract

The economic crisis that began in 2007 led to lower global economic growth, which generated lower revenues, including the decrease of the taxes. At EU level, at the beginning of the financial crisis the share of taxes in GDP was 39.3% in 2008, recorded a downward trend in 2009 and 2010, increasing to 38.8% in 2011. In Romania the share of tax revenues in GDP has experienced a steady upward trend, from 17, 72% in 2009 to 19.41% in 2012. The evolution of VAT and of the excise duties is analyzed in this article, starting from the official data of the European Union, focusing on the Romanian official statistics for the period 2008-2012, which I processed and interpreted. The analysis shows that in Romania, the VAT and the excise duties had a growth of the absolute values between 2008 - 2012 and also, an increase of their share in GDP. At European level there is an increase in the share of VAT in GDP by 0.4 percentage points in 2009-2011, reaching 7.1%, and a relative increase in excise duties (0.1 pp) and indirect taxes (+ 0.5 pp).

Suggested Citation

  • Teodorescu Cristian Dragos, 2014. "The Vat And The Excise Duties- Comparative Analysis Romania – European Union," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 526-535, May.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:special:p:526-535
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2014-04.Special/92_Teodorescu%20Cristian.pdf
    Download Restriction: no
    ---><---

    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:cbu:jrnlec:y:2014:v:special:p:526-535. 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: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.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.