This article proposes refined econometric estimates of effective marginal income tax rates for 23 OECD countries frm 1951 to 1990. Panel regressions find such measures negatively correlated with economic growth. These results are consistent with endogenous growth theories and opposite to those of most empirical literature, which relies on measures of effective average tax rates. The negative correlation is also ribust to considerations of other growth determinants.
Tax Rates and Economic Growth in OECD Countries / F., Padovano; Galli, Emma. - In: ECONOMIC INQUIRY. - ISSN 0095-2583. - STAMPA. - 39:1(2002), pp. 44-57. [10.1093/ei/39.1.44]
Tax Rates and Economic Growth in OECD Countries
GALLI, EMMA
2002
Abstract
This article proposes refined econometric estimates of effective marginal income tax rates for 23 OECD countries frm 1951 to 1990. Panel regressions find such measures negatively correlated with economic growth. These results are consistent with endogenous growth theories and opposite to those of most empirical literature, which relies on measures of effective average tax rates. The negative correlation is also ribust to considerations of other growth determinants.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
