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Effect of taxes on economic growth in developed countries after 1945
Vít, Ondřej ; Ježek, Tomáš (advisor) ; Vebrová, Ludmila (referee)
The most discussed topics in economics is the relationship between economic growth and taxes. The aim of this study is to evaluate the influence of different types of taxes on economic growth of Organisation for Economic Co-operation and Development (OECD) member countries after World War II. The thesis is based on extended neoclassi-cal growth theory from 1992 by Mankiw - Romer - Weil. Regression Analysis of Panel Da-ta is used as technique for verification of the correlation of economic growth and taxation. The impact of taxation is integrated to the model through its effect on accumulation of physical capital, development of human capital and technology. The source of panel data used in the analyses is statistical databases of OECD, World Bank, Maddison historical data and Penn World Table. For better comparison of the results more different methods of measuring tax burden were used. It was share of tax income on GDP, share of income from different types of taxes on total tax revenue, labor tax and compound tax quota. Results than differ by measurement of tax incidence. It is too complex to set clear recommendation for growth, nevertheless it is obvious, that the goal of economic and political authorities is to shift the tax burden from direct to indirect taxes.

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