The Tax Burden and Economic Growth in the Far Eastern Regions

The paper deals with the problem of evaluating the tax burden’s adequacy in relation to economic growth at the regional level. The author assesses the tax burden on the basis of the Laffer’s concept through the use of the static three-factor model of E.V. Balatsky. Estimates show that the tax burden...

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Bibliographic Details
Main Author: Maria Olegovna Kakaulina
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2013-06-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://spatial-economics.com/eng/images/spatial-econimics/2_2013/SE.2013.2.049-064.Kakaulina%20.pdf
Description
Summary:The paper deals with the problem of evaluating the tax burden’s adequacy in relation to economic growth at the regional level. The author assesses the tax burden on the basis of the Laffer’s concept through the use of the static three-factor model of E.V. Balatsky. Estimates show that the tax burden in all regions of the Russian Far East held back economic growth in 2011. Forecast results of the Khabarovsky Krai’s fiscal indicators which were obtained by the tools of the SPT Statgraphics (taking into account changes of income tax for large enterprises) demonstrate that the tax burden’s reduction in the region by 2020 will not lead to economic growth’s stimulation
ISSN:1815-9834
2587-5957