Tax policies in a globalized world: Is it politics after all? (Journal article)

Adam, A./ Kammas, P.

In a panel dataset of 17 OECD countries over 1970-1997, we provide empirical support for the joint existence of the efficiency and the compensation effects of globalization. Our regression analysis shows that higher economic integration - and the associated external risk - lead to a need for social security policies that require higher taxes. The latter take the form of larger social security contributions that are part of taxes on the immobile factors (labor). The tax burden on the relatively mobile factor (capital) is affected negatively by increased economic integration.
Institution and School/Department of submitter: Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών
Keywords: globalization,tax competition,partisan politics,competition,taxation,countries,economy,growth,trade,democracies,market,state
ISSN: 0048-5829
Link: <Go to ISI>://000250539500005
Appears in Collections:Άρθρα σε επιστημονικά περιοδικά ( Ανοικτά)

Files in This Item:
File Description SizeFormat 
Adam-2007-Tax Policies in .pdf348.99 kBAdobe PDFView/Open    Request a copy

 Please use this identifier to cite or link to this item:
  This item is a favorite for 0 people.

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.