The Impact of Single Taxes on the Convergence of Taxation
in the European Union
The Impact of Single Taxes on the Convergence of Taxation
in the European Union
Author(s): Monika Švec Bušovská, Ladislav BušovskýSubject(s): Economy, Public Finances
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: taxes; convergence; European Union; tax burden; tax mix; tax competition
Summary/Abstract: The European Union, as a result of original purely economic-oriented cooperation, cooperates in a number of areas including tax policy area. This paper results from works pointing out a tax convergence in the EU. The aim is to quantify the impact of single taxes and tax competition on the convergence of taxation in the EU. Panel regression with fixed-effects for the EU-28 countries between the years 1965 – 2011 is used. Two models report a statistically significant positive impact of all components but the most important determinants are tax competition and property taxes. All models meet diagnostic tests and are econometrically robust.
Journal: Ekonomický časopis
- Issue Year: 64/2016
- Issue No: 09
- Page Range: 894-908
- Page Count: 15
- Language: English
