Mutascu, Mihai (2012): Influence of clime conditions on tax revenues. Forthcoming in:
Download (299kB) | Preview
The paper investigates the effects of clime conditions on collected tax revenues, based on a panel-model approach. The data-set includes 123 countries and covers the period 1996-2010. The main results show that the assumed function is linear, the clime conditions heaving a significant impact on collected tax revenues. Overall, the collected tax revenues tend to increase under cool, polar or boreal climate. The paper extends the literature in the field by focusing on the clime implications in economy and finds new evidences regarding the determinants of collected tax revenues.
|Item Type:||MPRA Paper|
|Original Title:||Influence of clime conditions on tax revenues|
|Keywords:||Climate conditions, Tax revenues, Panel-model, Effects, Tax policy|
|Subjects:||H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H20 - General
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C23 - Models with Panel Data; Longitudinal Data; Spatial Time Series
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q5 - Environmental Economics > Q54 - Climate; Natural Disasters; Global Warming
|Depositing User:||Mihai Mutascu|
|Date Deposited:||30. Jul 2012 13:38|
|Last Modified:||11. Feb 2013 16:42|
Agbeyegbe, T., Stotsky, J., WoldeMariam A. (2006). Trade liberalization, exchange rate changes, and tax revenue in Sub-Saharan Africa. Journal of Asian Economics, 17: 261-284.
Acemoglu, D., Johnson, S., Robinson, J. (2002), Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, Quarterly Journal of Economics, 117: 1231-1294.
Aidt, T.S., Jensen, P.S. (2009). Tax structure, size of government, and the extension of the voting franchise in Western Europe, 1860-1938, International Tax and Public Finance, 16: 362-394.
Aizenmana, J., & Jinjarak, Y. (2008). The Collection Efficiency of The Value Added Tax: Theory and International Evidence. The Journal of International Trade & Economic Development, 17(3): 391-410.
Azzimonti, M. (2010). Barriers to Investment in Polarized Societies. MPRA Paper No. 25936, Online at http://mpra.ub.uni-muenchen.de/25936.
Bansal, R., Ochoa, M. (2012), Temperature, Aggregate Risk, and Expected Returns, Duke University's Fuqua School of Business Working paper.
Battaglini, M., Coate, S. (2008). A Dynamic Theory of Public Spending, Taxation, and Debt. American Economic Review. 98: 201–236.
Bloom, D., Sachs, J. (1998), Geography, Demography, and Economic Growth in Africa, Center for International Development, Cambridge, Mass. Mimeo.
Bohn, F. (2002). Public Finance under Political Instability and Debt Conditionality. Economics Discussion Papers from University of Essex, Department of Economics, No. 540.
Cukierman, A., Edwards, S., Tabellini, G. (1992). Seigniorage and Political Instability. The American Economic Review, 82(3): 537-555.
Dell, M., Jones, B., Olken, B. (2011). Temperature Shocks and Economic Growth: Evidence from the Last Half Century, MIT Working paper No. 3552.
Fjeldstad, O-H., Tungodden, B. (2001). Fiscal Corruption: A vice or a virtue?, CMI Working Paper, 13.
Friedman, E., Johnson, S., Kaufmann, D., Zoido-Lobaton, P. (2000). Dodging the Grabbing Hand: The Determinants of Unofficial Activity in 69 Countries, Journal of Public Economics, 76: 459-493.
Gallup, J., Sachs, J., Mellinger, A. (1999), Geography and Economic Development, International Regional Science Review, 22(2): 179–232.
Gallup, J., Sachs, J. (1999), Agricultural Productivity and Geography, Center for International Development, Cambridge, Mass. Mimeo.
Ghura, D. (1998). Tax Revenue in Sub-Saharan Africa: Effects of Economic Policies and Corruption, IMF Working paper WP/98/135.
Gupta, A. (2007). Determinants of Tax Revenue Efforts in Developing Countries, IMF Working Paper, No. WP/07/184.
Hanousek, J. Palda, H. (2004), Quality of Government Services and the Civic Duty to Pay Taxes in the Czech and Slovak Republics, and other Transition Countries, Kyklos, 57(2): 237-252.
Hsiao, C. (2007). Panel data analysis - advantages and challenges. Sociedad Estadistica Investigacion Operativa, Test, 16(1), pp. 1-22. Retrieved from http://www.springerlink.com/ index/10.1007/ s11749-007-0046-x.
Huizinga, H., Nicodème, G. (2006). Foreign ownership and corporate income taxation: An empirical evaluation, European Economic Review, 50: 1223-1244.
Huizinga, H., Nielsen, S.B. (1997). Capital income and profit taxation with foreign ownership of firms. Journal of International Economics, 42: 149-165.
Huizinga, H., Nielsen, S.B. (2002). The coordination of capital income and profit taxation with crossownership of firms. Regional Science and Urban Economics, 32: 1-26.
Imam, P., Jacobs, D. (2007). Effect of Corruption on Tax Revenues in the Middle East, IMF Working paper, WP/07/270.
Katircioglu, S. (2010). Is There a Long-Run Relationship Between Taxation and Growth:The Case of Turkey, Romanian Journal of Economic Forecasting. 1: 99-106.
Kennedy, P. (2003). A guide to econometrics, Fifth Edition, MIT Press.
Kenny, L. W., Winer, S.L. (2006). Tax Systems in the World: An Empirical Investigation into the Importance of Tax Bases, Administration Costs, Scale and Political Regime, International Tax and Public Finance, 13(2-3): 181-215.
Lago-Peñas, I., Lago-Peñas, S. (2008). The Determinants of Tax Morale in Comparative Perspective: Evidence from a Multilevel Analysis, Instituto de Estudios Fiscales Working Paper No. 2/2008.
Lisi, G. (2011). Job search theory and the slippery slope framework: an attempt to integration, Department of Economics, University of Cassino, Working Paper No.2.
Mahdavi, S. (2008). The level and composition of tax revenue in developing countries: evidence from unbalanced panel data. International Review of Economics and Finance, 17: 607-617.
McDougall, W. (2005). The Group Mind: A Sketch of the Principles of Collective Psychology with Some Attempt to Apply Them to the Interpretation of National Life and Character [Paperback], Kessinger Publishing, LLC.
Melo, M. (2011). Institutional Weakness and the Puzzle of Argentina's Low Taxation. Latin American Politics and Society, 49(4): 115-148.
Mintz, J.M. (1994). Is there a future for capital income taxation? Canadian Tax Journal, 42(6): 1469-1503.
Mellinger, A., Sachs, J., Gallup, J. (1999), Climate, Water Navigability, and Economic Development, Center for International Development at Harvard University, CID Working Paper No. 24.
Montesquieu, C. (1750). The Spirit of Laws (Cambridge Texts in the History of Political Thought), Edited by Anne Cohler, Basia Carolyn Miller and Harold Samuel Stone, Cambridge University Press.
Mutascu, M. (2011). Taxation and Democracy, Journal of Economic Policy Reform, 14: 343-348.
Nordhaus, W. (2006). Geography and macroeconomics: New data and new findings, PNAS, 103(10), pp. 3510–3517.
Olivera, J. (1967). Money, prices and fiscal lags. A note on the dynamics of inflation. Banca Nazionale del Lavoro Quaterly Review, 20: 258-267.
Profeta., P., Scabrosetti, S. (2008). Political economy issues of taxation, in Bernardi, L., A. Barreix, A. Marenzi and P. Profeta (eds) Tax Systems and Tax Reforms in Latin America, London: Routledge.
Rieth, M. (2011). Essays on Dynamic Macroeconomics: Debt, Taxation, and Policy Interaction. Dissertation zur Erlangung des akademischen Grades, Doktor rerum politicarum der Technischen Universität Dortmund.
Richter, W.F., Wellisch, D. (1996). The provision of local public goods and factors in the presence of firm and household mobility. Journal of Public Economics, 60: 73-93.
Rodrik, D., Subramanian, A., Trebbi,F. (2004), Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development, Journal of Economic Growth, 9: 131-165.
Rodrik, D. (1998). Why do More Open Economies have Bigger Governments? Journal of Political Economy. 106: 997-1032.
Sachs and Warner (1997), Sources of Slow Growth in African Economies, Journal of African Economies, Vol.6(3), pp. 335-376.
Sylwester, K. (2004), A note on geography, institutions, and income inequality, Economics Letters, 85: 235-240.
Smith, A. (1776), An Inquiry into the Nature and Causes of the Wealth of Nations. 2 Vols. Edited by Edwin Canaan. Chicago Ill, University of Chicago Press.
Taha, R., Loganathan, N. (2008). Causality Between Tax Revenue and Government Spending in Malaysia. The International Journal of Business and Finance Research. 2(2): 63-73.
Tanzi, V. (1977). Inflation, lags in collection and the real value of the tax revenue. IMF Staff Papers, 24: 154-167.
Tosun, M. S. and S. Abizadeh (2005). Economic growth and tax components: An analysis of tax changes in OECD, Applied Economics, 37: 2251-2263.
Volkerink, B., De Haan, J. (1999). Political and institutional determinants of the tax mix: an empirical investigation for OECD countries. Research Report, from University of Groningen, Research Institute SOM (Systems, Organisations and Management), No. 99E05.
Whalley, J. (2002), Taxes and trade, The University of Western Ontario and NBER, Working paper, available at http://siteresources.worldbank.org/INTTPA/Resources/WhalleyPaper.pdf
Wildasin, D. (2003). Fiscal competition in space and time. Journal of Public Economics, 87: 2571-2588.
Wildasin, D., Wilson, J.D. (1998). Risky local bases: Risk-pooling vs. rent-capture. Journal of Public Economics, 69: 229-247.
*** (2012), The Heritage Foundation online data-base.
*** (2011), International Panel on Climate Change, www.ipcc.ch.
*** (2011), International Monetary Fund online data-base.
*** (2011), Polity™ IV Project Political Regime Characteristics and Transitions, 1800-2010 Dataset.
*** (2011). United Nations Development Programme online data-base.
*** (2011), World Bank online data-base.