The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model
Inflation targeting framework has become a predominant monetary approach across the globe. Williams (2015) believes that in a very real sense, almost all economies are inflation targeters -either explicit or implicit- now.(1) Due to the increasing spread of this policy, it is necessary to consider t...
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| Format: | Article |
| Language: | English |
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University of Sistan and Baluchestan
2020-06-01
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| Series: | International Journal of Business and Development Studies |
| Subjects: | |
| Online Access: | https://ijbds.usb.ac.ir/article_5434_c041a3ea41506e521e66c558f9dfa9d3.pdf |
| _version_ | 1797803261317611520 |
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| author | Hasan Kazemi Zaroomi Ahmad Jafari Samimi Saeed Karimi Potanlar |
| author_facet | Hasan Kazemi Zaroomi Ahmad Jafari Samimi Saeed Karimi Potanlar |
| author_sort | Hasan Kazemi Zaroomi |
| collection | DOAJ |
| description | Inflation targeting framework has become a predominant monetary approach across the globe. Williams (2015) believes that in a very real sense, almost all economies are inflation targeters -either explicit or implicit- now.(1) Due to the increasing spread of this policy, it is necessary to consider the way it affects macroeconomic variables. using prevalent economic models for evaluating the effectiveness of inflation targeting causes bias selection which for solving this problem, it is proposed propensity score matching model. the goal of this paper is to evaluate the effect of the adoption of Inflation Targeting policy on indirect taxes and its components in two selected groups of oil exporter and oil importer countries during 1990-2016 by using propensity score matching model. our results have shown that inflation targeting adoption in average has a positive and significant effect on indirect tax revenues in oil importer countries group but its effect on indirect tax revenues in oil exporter countries is insignificant.JEL Classification: E5, H2, C21. |
| first_indexed | 2024-03-13T05:19:09Z |
| format | Article |
| id | doaj.art-675f5ed697ae40508af6c28b302c14f2 |
| institution | Directory Open Access Journal |
| issn | 2538-3302 2538-3310 |
| language | English |
| last_indexed | 2024-03-13T05:19:09Z |
| publishDate | 2020-06-01 |
| publisher | University of Sistan and Baluchestan |
| record_format | Article |
| series | International Journal of Business and Development Studies |
| spelling | doaj.art-675f5ed697ae40508af6c28b302c14f22023-06-15T16:56:25ZengUniversity of Sistan and BaluchestanInternational Journal of Business and Development Studies2538-33022538-33102020-06-0112151910.22111/ijbds.2020.54345434The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching ModelHasan Kazemi Zaroomi0Ahmad Jafari Samimi1Saeed Karimi Potanlar2Ph.D. Student of Economics, Department of Economics, University of Mazandaran Babolsar, Iran,Professor of Economics, Department of Economics, University of MazandaranAssociate Professor of Economics, Department of Economics, University of Mazandaran. Babolsar, Iran.Inflation targeting framework has become a predominant monetary approach across the globe. Williams (2015) believes that in a very real sense, almost all economies are inflation targeters -either explicit or implicit- now.(1) Due to the increasing spread of this policy, it is necessary to consider the way it affects macroeconomic variables. using prevalent economic models for evaluating the effectiveness of inflation targeting causes bias selection which for solving this problem, it is proposed propensity score matching model. the goal of this paper is to evaluate the effect of the adoption of Inflation Targeting policy on indirect taxes and its components in two selected groups of oil exporter and oil importer countries during 1990-2016 by using propensity score matching model. our results have shown that inflation targeting adoption in average has a positive and significant effect on indirect tax revenues in oil importer countries group but its effect on indirect tax revenues in oil exporter countries is insignificant.JEL Classification: E5, H2, C21.https://ijbds.usb.ac.ir/article_5434_c041a3ea41506e521e66c558f9dfa9d3.pdfindirect taxinflation targetingmonetary policypolicy evaluationpropensity score matching |
| spellingShingle | Hasan Kazemi Zaroomi Ahmad Jafari Samimi Saeed Karimi Potanlar The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model International Journal of Business and Development Studies indirect tax inflation targeting monetary policy policy evaluation propensity score matching |
| title | The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model |
| title_full | The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model |
| title_fullStr | The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model |
| title_full_unstemmed | The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model |
| title_short | The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model |
| title_sort | effect of inflation targeting on indirect tax performance in selected countries using propensity score matching model |
| topic | indirect tax inflation targeting monetary policy policy evaluation propensity score matching |
| url | https://ijbds.usb.ac.ir/article_5434_c041a3ea41506e521e66c558f9dfa9d3.pdf |
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