Internal Tax Competition: Does This Result in Economic and Investment Growth?

The purpose of the article is to assess the impact of tax competition at national level on economic growth and capital formation. The internal tax competition was considered from the point of view of fiscal decentralisation. The tax revenue decentralization ratio and revenue decentralization ratio a...

Full description

Saved in:
Bibliographic Details
Main Authors: Tetiana Paientko, Valeriy Oparin, Yana Sarnetska
Format: Article
Language:English
Published: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu 2020-01-01
Series:Nauki o Finansach
Online Access:https://journals.ue.wroc.pl/fins/article/view/227
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850271399397031936
author Tetiana Paientko
Valeriy Oparin
Yana Sarnetska
author_facet Tetiana Paientko
Valeriy Oparin
Yana Sarnetska
author_sort Tetiana Paientko
collection DOAJ
description The purpose of the article is to assess the impact of tax competition at national level on economic growth and capital formation. The internal tax competition was considered from the point of view of fiscal decentralisation. The tax revenue decentralization ratio and revenue decentralization ratio are used in this paper as independent variables in panel regression analysis. As dependent variables, GDP per capita growth and capital formation growth were used. Analysis was conducted on a sample of 26 countries. The results of the analysis showed that international tax competition between countries has a greater effect on GDP per capita and capital formation than tax competition within the country. However, this is not due to the nature of tax competition, but to the fact that not all countries use the potential of tax competition within the country. The direction for further research is to analyze the impact of fiscal decentralization on the effectiveness of governments and economic growth in different groups of countries.(original abstract)
format Article
id doaj-art-b48ec22e56da41aaa0efc3a998a88714
institution OA Journals
issn 2449-9811
language English
publishDate 2020-01-01
publisher Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
record_format Article
series Nauki o Finansach
spelling doaj-art-b48ec22e56da41aaa0efc3a998a887142025-08-20T01:52:15ZengWydawnictwo Uniwersytetu Ekonomicznego we WrocławiuNauki o Finansach2449-98112020-01-01251228Internal Tax Competition: Does This Result in Economic and Investment Growth?Tetiana Paientko0Valeriy Oparin1Yana Sarnetska2Kyiv National Economic University n. a. Vadym Hetman, Kyiv, UkraineKyiv National Economic University n.a. Vadym Hetman, Kyiv, UkraineKyiv National Economic University n.a. Vadym Hetman, Kyiv, UkraineThe purpose of the article is to assess the impact of tax competition at national level on economic growth and capital formation. The internal tax competition was considered from the point of view of fiscal decentralisation. The tax revenue decentralization ratio and revenue decentralization ratio are used in this paper as independent variables in panel regression analysis. As dependent variables, GDP per capita growth and capital formation growth were used. Analysis was conducted on a sample of 26 countries. The results of the analysis showed that international tax competition between countries has a greater effect on GDP per capita and capital formation than tax competition within the country. However, this is not due to the nature of tax competition, but to the fact that not all countries use the potential of tax competition within the country. The direction for further research is to analyze the impact of fiscal decentralization on the effectiveness of governments and economic growth in different groups of countries.(original abstract)https://journals.ue.wroc.pl/fins/article/view/227
spellingShingle Tetiana Paientko
Valeriy Oparin
Yana Sarnetska
Internal Tax Competition: Does This Result in Economic and Investment Growth?
Nauki o Finansach
title Internal Tax Competition: Does This Result in Economic and Investment Growth?
title_full Internal Tax Competition: Does This Result in Economic and Investment Growth?
title_fullStr Internal Tax Competition: Does This Result in Economic and Investment Growth?
title_full_unstemmed Internal Tax Competition: Does This Result in Economic and Investment Growth?
title_short Internal Tax Competition: Does This Result in Economic and Investment Growth?
title_sort internal tax competition does this result in economic and investment growth
url https://journals.ue.wroc.pl/fins/article/view/227
work_keys_str_mv AT tetianapaientko internaltaxcompetitiondoesthisresultineconomicandinvestmentgrowth
AT valeriyoparin internaltaxcompetitiondoesthisresultineconomicandinvestmentgrowth
AT yanasarnetska internaltaxcompetitiondoesthisresultineconomicandinvestmentgrowth