Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit
This paper analyzes the impact of value added tax (VAT) on the volume of the budget deficit. As part of the research, we focus on the mechanisms through which the value-added tax affects state, i.e. public revenues, consumption and economic activity. Through a quantitative analysis of available data...
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| Format: | Article |
| Language: | English |
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University of Pristina in Kosovska Mitrovica, Faculty of Economics
2025-01-01
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| Series: | Ekonomski Pogledi |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2025/1450-79512501043J.pdf |
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| _version_ | 1849425618626674688 |
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| author | Janković Gordan Golubović Miloš |
| author_facet | Janković Gordan Golubović Miloš |
| author_sort | Janković Gordan |
| collection | DOAJ |
| description | This paper analyzes the impact of value added tax (VAT) on the volume of the budget deficit. As part of the research, we focus on the mechanisms through which the value-added tax affects state, i.e. public revenues, consumption and economic activity. Through a quantitative analysis of available data and a review of relevant theoretical frameworks, we determine how changes in the value added tax rate can affect the budget deficit, especially in the context of fiscal stability. The results show that a properly set value added tax can contribute to reducing the budget deficit, while inadequate fiscal policies can lead to an increase in the deficit. |
| format | Article |
| id | doaj-art-a0d477263b94450ea56840539aafac8f |
| institution | Kabale University |
| issn | 1450-7951 2334-7570 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | University of Pristina in Kosovska Mitrovica, Faculty of Economics |
| record_format | Article |
| series | Ekonomski Pogledi |
| spelling | doaj-art-a0d477263b94450ea56840539aafac8f2025-08-20T03:29:43ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702025-01-01271436410.5937/ep27-556921450-79512501043JReprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficitJanković Gordan0https://orcid.org/0000-0003-3172-6990Golubović Miloš1https://orcid.org/0000-0001-7783-719XInovacioni centar Univerziteta u Nišu, Niš, SerbiaInovacioni centar Univerziteta u Nišu, Niš, SerbiaThis paper analyzes the impact of value added tax (VAT) on the volume of the budget deficit. As part of the research, we focus on the mechanisms through which the value-added tax affects state, i.e. public revenues, consumption and economic activity. Through a quantitative analysis of available data and a review of relevant theoretical frameworks, we determine how changes in the value added tax rate can affect the budget deficit, especially in the context of fiscal stability. The results show that a properly set value added tax can contribute to reducing the budget deficit, while inadequate fiscal policies can lead to an increase in the deficit.https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2025/1450-79512501043J.pdfpublic revenuesfiscal policybudget deficitindirect taxesvat |
| spellingShingle | Janković Gordan Golubović Miloš Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit Ekonomski Pogledi public revenues fiscal policy budget deficit indirect taxes vat |
| title | Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit |
| title_full | Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit |
| title_fullStr | Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit |
| title_full_unstemmed | Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit |
| title_short | Reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit |
| title_sort | reprecusions of the introduction and change of the value added tax rate on the dynamics of the budget deficit |
| topic | public revenues fiscal policy budget deficit indirect taxes vat |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2025/1450-79512501043J.pdf |
| work_keys_str_mv | AT jankovicgordan reprecusionsoftheintroductionandchangeofthevalueaddedtaxrateonthedynamicsofthebudgetdeficit AT golubovicmilos reprecusionsoftheintroductionandchangeofthevalueaddedtaxrateonthedynamicsofthebudgetdeficit |