TY - JOUR
T1 - Determinants of tax revenue in OECD countries over the period 2001-2011
AU - Castro, Gerardo Ángeles
AU - Camarillo, Diana Berenice Ramírez
PY - 2014
Y1 - 2014
N2 - By using static and dynamic panel data techniques, this paper analyses the impact of economic, structural, institutional and social factors on tax revenue, across 34 countries from the Organisation for Economic Co-operation and Development, over the period 2001-2011. The results show that gross domestic product per capita, the industrial sector, and civil liberties have positive impact on the dependent variable, while the agricultural sector and the share of foreign direct investment in gross fixed capital formation have negative impact. The lagged value of the dependent variable enters positively in the equation and its effect is larger in high income countries. We also encounter tax effort and tax gap and find that they are stable over time but diverse across countries regardless the level of development of the economies.
AB - By using static and dynamic panel data techniques, this paper analyses the impact of economic, structural, institutional and social factors on tax revenue, across 34 countries from the Organisation for Economic Co-operation and Development, over the period 2001-2011. The results show that gross domestic product per capita, the industrial sector, and civil liberties have positive impact on the dependent variable, while the agricultural sector and the share of foreign direct investment in gross fixed capital formation have negative impact. The lagged value of the dependent variable enters positively in the equation and its effect is larger in high income countries. We also encounter tax effort and tax gap and find that they are stable over time but diverse across countries regardless the level of development of the economies.
KW - OECD
KW - Panel data
KW - Tax gap
KW - Tax revenue
UR - http://www.scopus.com/inward/record.url?scp=84924993647&partnerID=8YFLogxK
M3 - Artículo
SN - 0186-1042
VL - 59
SP - 35
EP - 59
JO - Contaduria y Administracion
JF - Contaduria y Administracion
IS - 3
ER -