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THE TAXES IMPACT ON THE ECONOMIC GROWTH: THE CASE OF EUROPEAN UNION

Mutaşcu, Mihai Ioan and Crasneac, Alexandru Ocatavian and Dănuleţiu, Dan-Constantin (2007): THE TAXES IMPACT ON THE ECONOMIC GROWTH: THE CASE OF EUROPEAN UNION.

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Abstract

This paper is studying the impact of taxes and social contributions on the economic growth. We have development a model of economic growth under the incidence of tax revenues, using econometrical analysis (the Pool Data Model). With this mathematical relation we have quantified the connections intensity between taxes and economic growth in the case of European Union 25.

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