Determinants of the effective tax rate in the tourism sector: a dynamic panel data model
This paper presents a dynamic model of the Effective Tax Rate (ETR) in the tourism sector. A dynamic model where the lagged endogenous variable ETR has been included as a regressor to identify the dynamic structure of the variable due to the existence of temporal adjustments between the short an...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Algarve, ESGHT/CINTURS
2017-07-01
|
| Series: | Tourism & Management Studies |
| Subjects: | |
| Online Access: | https://tmstudies.net/index.php/ectms/article/view/937/pdf_60 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832570705662705664 |
|---|---|
| author | José Moreno-Rojas M. Rosario González-Rodríguez Rosario Carmen Martín-Samper |
| author_facet | José Moreno-Rojas M. Rosario González-Rodríguez Rosario Carmen Martín-Samper |
| author_sort | José Moreno-Rojas |
| collection | DOAJ |
| description | This paper presents a dynamic model of the Effective Tax Rate (ETR) in the
tourism sector. A dynamic model where the lagged endogenous variable
ETR has been included as a regressor to identify the dynamic structure of
the variable due to the existence of temporal adjustments between the
short and long run in ETR payments has been estimated. The empirical
analysis based on a panel data set over the 2008-2013 period explores the
determinants of the ETR variable by using a Generalised Method of
Moments (GMM) estimator controlling for heterogeneity in the tourism
sector. The Arellano-Bond system GMM estimator has been used to
estimate the model. The study seeks to shed light on the determinants of
tax burden in the tourism sector covering the lack of studies on this topic.
The findings obtained suggest that the ETR borne is determined by size,
financing structure and type of entity. We deem the finding of the
existence of non-linear relationships between ETR and size and financing
structure relevant. |
| format | Article |
| id | doaj-art-6eec69c3f25741268123e6420666f623 |
| institution | Kabale University |
| issn | 2182-8466 |
| language | English |
| publishDate | 2017-07-01 |
| publisher | University of Algarve, ESGHT/CINTURS |
| record_format | Article |
| series | Tourism & Management Studies |
| spelling | doaj-art-6eec69c3f25741268123e6420666f6232025-02-02T14:29:11ZengUniversity of Algarve, ESGHT/CINTURSTourism & Management Studies2182-84662017-07-01133313810.18089/tms.2017.13304Determinants of the effective tax rate in the tourism sector: a dynamic panel data modelJosé Moreno-Rojas0M. Rosario González-Rodríguez1Rosario Carmen Martín-Samper2University of Seville, Faculty of Tourism and Finance, Avda. San Francisco Javier, 41018 (Seville), SpainUniversity of Seville, Faculty of Tourism and Finance, Avda. San Francisco Javier, 41018 (Seville), SpainUniversity of Seville, Faculty of Tourism and Finance, Avda. San Francisco Javier, 41018 (Seville), SpainThis paper presents a dynamic model of the Effective Tax Rate (ETR) in the tourism sector. A dynamic model where the lagged endogenous variable ETR has been included as a regressor to identify the dynamic structure of the variable due to the existence of temporal adjustments between the short and long run in ETR payments has been estimated. The empirical analysis based on a panel data set over the 2008-2013 period explores the determinants of the ETR variable by using a Generalised Method of Moments (GMM) estimator controlling for heterogeneity in the tourism sector. The Arellano-Bond system GMM estimator has been used to estimate the model. The study seeks to shed light on the determinants of tax burden in the tourism sector covering the lack of studies on this topic. The findings obtained suggest that the ETR borne is determined by size, financing structure and type of entity. We deem the finding of the existence of non-linear relationships between ETR and size and financing structure relevant.https://tmstudies.net/index.php/ectms/article/view/937/pdf_60effective tax rateasset compositionfirm sizefinancial structureequitydynamic panel dataroa |
| spellingShingle | José Moreno-Rojas M. Rosario González-Rodríguez Rosario Carmen Martín-Samper Determinants of the effective tax rate in the tourism sector: a dynamic panel data model Tourism & Management Studies effective tax rate asset composition firm size financial structure equity dynamic panel data roa |
| title | Determinants of the effective tax rate in the tourism sector: a dynamic panel data model |
| title_full | Determinants of the effective tax rate in the tourism sector: a dynamic panel data model |
| title_fullStr | Determinants of the effective tax rate in the tourism sector: a dynamic panel data model |
| title_full_unstemmed | Determinants of the effective tax rate in the tourism sector: a dynamic panel data model |
| title_short | Determinants of the effective tax rate in the tourism sector: a dynamic panel data model |
| title_sort | determinants of the effective tax rate in the tourism sector a dynamic panel data model |
| topic | effective tax rate asset composition firm size financial structure equity dynamic panel data roa |
| url | https://tmstudies.net/index.php/ectms/article/view/937/pdf_60 |
| work_keys_str_mv | AT josemorenorojas determinantsoftheeffectivetaxrateinthetourismsectoradynamicpaneldatamodel AT mrosariogonzalezrodriguez determinantsoftheeffectivetaxrateinthetourismsectoradynamicpaneldatamodel AT rosariocarmenmartinsamper determinantsoftheeffectivetaxrateinthetourismsectoradynamicpaneldatamodel |