Tax Capacity and Growth : Is there a Tipping Point? /

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 c...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Gaspar, Vitor
Kolejni autorzy: Jaramillo, Laura, Wingender, Philippe
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2016.
Seria:IMF Working Papers; Working Paper ; No. 2016/234
Dostęp online:Full text available on IMF
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100 1 |a Gaspar, Vitor. 
245 1 0 |a Tax Capacity and Growth :   |b Is there a Tipping Point? /  |c Vitor Gaspar, Laura Jaramillo, Philippe Wingender. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2016. 
300 |a 1 online resource (40 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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 12 3/4 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. 
538 |a Mode of access: Internet 
700 1 |a Jaramillo, Laura. 
700 1 |a Wingender, Philippe. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2016/234 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2016/234/001.2016.issue-234-en.xml  |z IMF e-Library