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• W2531625676 abstract "This paper investigates the effects of changes in taxes on economic growth. Usingannual data from 1965 to 2003 for a panel of nineteen European economies, theresults show that the effect of an increase in taxes on real GDP per capita is negativeand persistent: an increase in the total tax rate (measured as the total taxratio to GDP) by 1% of GDP has a long-run effect on real GDP per capita of –0.5%to –1%. The findings also imply that increases in social security contributions ortaxes on goods and services have larger negative effects on per capita output thanincreases in income tax." @default.
• W2531625676 created "2016-10-21" @default.
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• W2531625676 date "2015-10-16" @default.
• W2531625676 modified "2023-09-23" @default.
• W2531625676 title "Taxes and growth in Europe." @default.
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