Tax Capacity and Growth is popular PDF and ePub book, written by Vitor Gaspar in 2016-12-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Tax Capacity and Growth can be Read Online from any device for your convenience.
Tax Capacity and Growth Book PDF Summary
Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary database covering 139 countries from 1965 to 2011 and a historical database for 30 advanced economies from 1800 to 1980. We find that the answer to the question is yes. Estimated tipping points are similar at about 123⁄4 percent of GDP. For the contemporary dataset we find that a country just above the threshold will have GDP per capita 7.5 percent larger, after 10 years. The effect is tightly estimated and economically large.
Detail Book of Tax Capacity and Growth PDF
- Author : Vitor Gaspar
- Release : 02 December 2016
- Publisher : International Monetary Fund
- ISBN : 9781475558333
- Genre : Business & Economics
- Total Page : 40 pages
- Language : English
- PDF File Size : 21,7 Mb
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