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Income Inequality Measurements through Tax Data: the case of Greece

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  • Panagiotis Kotsios

Abstract

The goal of this research was to measure income inequality and the distribution of the tax burden in Greece, by using open tax data released by the Greek Independent Authority of Public Revenues. The findings reveal multiple distortions in the disperse of tax burden among taxpayers’ income groups, along with very high income inequality among the population. The calculated Gini coefficient and S80/S20 ratio were found to be considerably higher than any previous measurements performed by international organizations and European statistical authorities through household surveys. The findings indicate an urgent need for an income and tax policy overhaul in the country, while the methodology that was used in the research can be replicated in other countries.

Suggested Citation

  • Panagiotis Kotsios, 2022. "Income Inequality Measurements through Tax Data: the case of Greece," Bulletin of Applied Economics, Risk Market Journals, vol. 9(2), pages 175-187.
    • Handle: RePEc:rmk:rmkbae:v:9:y:2022:i:2:p:175-187
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    References listed on IDEAS

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    1. Andrew G. Berg & Jonathan D. Ostry, 2017. "Inequality and Unsustainable Growth: Two Sides of the Same Coin?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 65(4), pages 792-815, November.
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    Cited by:

    1. Svetoslav Danchev & Georgios Gatopoulos & Niki Kalavrezou & Antonis Mavropoulos & Grigoris Pavlou & Nikolaos Vettas, 2024. "Equally poorer: inequality and the Greek debt crisis," Fiscal Studies, John Wiley & Sons, vol. 45(3), pages 359-375, September.

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    More about this item

    Keywords

    Tax; Income inequality; Greece; Gini coefficient.;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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