Tax Capacity and Growth

Tax Capacity and Growth
Author: Vitor Gaspar
Publisher: International Monetary Fund
Total Pages: 40
Release: 2016-12-02
Genre: Business & Economics
ISBN: 1475558171


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Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary database covering 139 countries from 1965 to 2011 and a historical database for 30 advanced economies from 1800 to 1980. We find that the answer to the question is yes. Estimated tipping points are similar at about 123⁄4 percent of GDP. For the contemporary dataset we find that a country just above the threshold will have GDP per capita 7.5 percent larger, after 10 years. The effect is tightly estimated and economically large.


Tax Capacity and Growth
Language: en
Pages: 40
Authors: Vitor Gaspar
Categories: Business & Economics
Type: BOOK - Published: 2016-12-02 - Publisher: International Monetary Fund

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Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this que
Taxation and Economic Development
Language: en
Pages: 309
Authors: John Toye
Categories: Business & Economics
Type: BOOK - Published: 2023-06-09 - Publisher: Taylor & Francis

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First published in 1978. The tax system is one of the instruments said to be available to translate development policy objectives into practice. The wide-rangin
Political Institutions, State Building, and Tax Capacity
Language: en
Pages: 33
Authors: Vitor Gaspar
Categories: Business & Economics
Type: BOOK - Published: 2016-12-02 - Publisher: International Monetary Fund

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An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 123⁄4 percent, real GDP per ca
Taxation and Economic Development
Language: en
Pages: 0
Authors: J. F. J. Toye
Categories: BUSINESS & ECONOMICS
Type: BOOK - Published: 2023 - Publisher:

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Twelve critical studies explore aspects of the link between national economic development and the tax system. Chapters on: Tax capacity and tax effort; Tax reve
Tax Administrations and Capacity Building
Language: en
Pages: 0
Authors: OECD
Categories: Tax administration and procedure
Type: BOOK - Published: 2016 - Publisher: Org. for Economic Cooperation & Development

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- Preface - Foreword and Acknowledgements - Acronyms, abbreviations and key definitions - Executive summary - Introduction - Overview of current tax capacity bu