Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania

In this paper, the author attempts to verify, on the basis of a selected set of data, if the influence of the causal variables (taxation indicators), namely Taxes on production and imports less subsidies and Taxes less subsidies on products on the Gross Domestic Product falls under the category of G...

Full description

Bibliographic Details
Main Author: Cătălina MOTOFEI
Format: Article
Language:English
Published: General Association of Economists from Romania 2020-12-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1492.pdf
_version_ 1818959014828965888
author Cătălina MOTOFEI
author_facet Cătălina MOTOFEI
author_sort Cătălina MOTOFEI
collection DOAJ
description In this paper, the author attempts to verify, on the basis of a selected set of data, if the influence of the causal variables (taxation indicators), namely Taxes on production and imports less subsidies and Taxes less subsidies on products on the Gross Domestic Product falls under the category of Granger causalities, and the research hypotheses are defined accordingly. Since the variables were supposed to be, and actually found to be non-stationary, the chosen research method is based on the Toda-Yamamoto approach, adapted to the structure of the data. The results allow the validation of the hypotheses in a limited number of cases, the analysis aimed to test the causalities between the nominal values and, on the other hand, their elasticities.
first_indexed 2024-12-20T11:34:55Z
format Article
id doaj.art-b647950f9b42474987752e9795bde321
institution Directory Open Access Journal
issn 1841-8678
1844-0029
language English
last_indexed 2024-12-20T11:34:55Z
publishDate 2020-12-01
publisher General Association of Economists from Romania
record_format Article
series Theoretical and Applied Economics
spelling doaj.art-b647950f9b42474987752e9795bde3212022-12-21T19:42:09ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292020-12-01XXVII4435418418678Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and RomaniaCătălina MOTOFEI0 The Bucharest University of Economic Studies, Romania In this paper, the author attempts to verify, on the basis of a selected set of data, if the influence of the causal variables (taxation indicators), namely Taxes on production and imports less subsidies and Taxes less subsidies on products on the Gross Domestic Product falls under the category of Granger causalities, and the research hypotheses are defined accordingly. Since the variables were supposed to be, and actually found to be non-stationary, the chosen research method is based on the Toda-Yamamoto approach, adapted to the structure of the data. The results allow the validation of the hypotheses in a limited number of cases, the analysis aimed to test the causalities between the nominal values and, on the other hand, their elasticities. http://store.ectap.ro/articole/1492.pdf causalitytaxationproductsimportsgdp
spellingShingle Cătălina MOTOFEI
Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
Theoretical and Applied Economics
causality
taxation
products
imports
gdp
title Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
title_full Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
title_fullStr Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
title_full_unstemmed Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
title_short Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
title_sort analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in european union and romania
topic causality
taxation
products
imports
gdp
url http://store.ectap.ro/articole/1492.pdf
work_keys_str_mv AT catalinamotofei analysisofthecorrelationbetweentaxationindicatorsandeconomicgrowthatthemacroeconomiclevelineuropeanunionandromania