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Can the Corporate Tax Burden be used to predict the Evolution of Business Confidence?

Author

Listed:
  • Georgeta VINTILA

    (Bucharest University of Economic Studies)

  • Ioana Laura TIBULCA

    (Bucharest University of Economic Studies)

Abstract

One of the main factors that companies take into account in making estimations regarding the future of their activity is taxation. The tax burden impacts the business environment overall and each company individually. Therefore, we have decided to establish if the evolution of the corporate tax burden can be used to predict changes in business confidence and if business confidence is a reliable predictor for the evolution of the corporate fiscal pressure. To answer these questions, we have used quarterly data collected for the US and Granger causality tests.

Suggested Citation

  • Georgeta VINTILA & Ioana Laura TIBULCA, 2014. "Can the Corporate Tax Burden be used to predict the Evolution of Business Confidence?," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(1), pages 143-150, January.
  • Handle: RePEc:rsr:supplm:v:62:y:2014:i:1:p:143-150
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    References listed on IDEAS

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