Internal tax competition: does this result in economic and investment growth?

• Authors: Paientko Tetiana , Oparin Valeriy , Sarnetska Yana

Title variants

PL

Wewnętrzna konkurencja podatkowa: wzrost gospodarczy i inwestycyjny

• Languages of publication: EN

Abstracts

EN

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.

PL

Celem tego artykułu jest ocena wpływu konkurencji podatkowej na poziomie krajowym na wzrost gospodarczy i akumulację kapitału. Wewnętrzna konkurencja podatkowa została rozpatrzona z punktu widzenia decentralizacji fiskalnej. Współczynnik decentralizacji dochodów podatkowych oraz współczynnik decentralizacji dochodów są wykorzystywane w artykule jako niezależne zmienne w analizie regresji panelowej. Jako zmienne zależne stosuje się wzrost PKB na mieszkańca i wzrost nakładów inwestycyjnych. Testy przeprowadzono na próbie 26 krajów. Wyniki analizy wykazały, że międzynarodowa konkurencja podatkowa między krajami ma większy wpływ na PKB na mieszkańca i nakłady inwestycyjne niż konkurencja podatkowa w kraju. Nie wynika to jednak z charakteru konkurencji podatkowej, ale z tego, że nie wszystkie kraje wykorzystują potencjał konkurencji podatkowej w tym kraju. Perspektywą dla dalszych badań jest analiza wpływu decentralizacji fiskalnej na efektywność rządów i wzrost gospodarczy w różnych grupach krajów.

Keywords

EN

tax competition; fiscal decentralization; GDP per capita growth; capital formation

PL

konkurencja podatkowa; decentralizacja fiskalna; wzrost PKB na mieszkańca; akumulacja kapitału

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
• Journal: Nauki o Finansach
• Year: 2020
• Issue: vol. 25, nr 1
• Pages: 23-34

Contributors

author

Paientko Tetiana

author

Oparin Valeriy

author

Sarnetska Yana

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