Empirical analysis of value added tax and inflation rate: Tuckey's HSD test in selected Western Balkan countries

Abstract

In economic theory the price movement at a general level is one of the essential issues that can significantly affect on economic flows.

Could Economic Growth and Inflation Affect the Acceptance of Value Added Taxes?

“…Institute (2003), economic growth has the most significant effects on the increase in tax revenue [4]. The results of this study are in line with the result of some research's [1,7,16,17] which state that there are influences related to Economic Growth on Value Added Tax Revenue. The higher trade in goods and services that occurs when good economic conditions will not only benefit the producers and consumers, but also the positive impact will be felt on the state's revenues, especially the Value Added Tax revenue.…”

“…Other research state that Inflation has a positive influence on Value Added Tax revenue [2,5,6]. The form of a large inflation risk can be value added tax [7]. Inflation control that is carried out will certainly have an impact on all sectors, considering the impact that will be caused will certainly be very risky if inflation is not able to be controlled effectively.…”

After the first 32 years: New deal in Hungarian income taxation

“…In developed states, expenditures and subsidies financing the growing role of the state, including those related to social security, necessarily multiplied, and this was, of A f t e r t h e F i r s t 3 2 Y e a r s -N e w D e a l i n H u n g a r i a n I n c o m e T a x a t i o n 119 course, covered by tax revenues (Kalaš et al, 2018a;Kalaš et al, 2018b). This was covered by GDP during the period of sustained economic activity until the 1980s, when world GDP growth averaged around 2% per year between the Napoleonic Wars and World War II, but has grown steadily by an average of 4% over the last half century.…”

Cointegration analysis of indirect taxes and economic growth in the Republic of Serbia

“…Taxes reflect economic expression of the state existence (Andrašić et al 2018) where taxation involves an exchange relationship between citizens and government (Castañeda Rodríguez, 2018). In modern government, taxes play an essential role in their programs and they are a powerful tool for achieving main goals in the economy (Kalaš et al 2018).…”

“…Taxes reflect economic expression of the state existence (Andrašić et al 2018) where taxation involves an exchange relationship between citizens and government (Castañeda Rodríguez, 2018). In modern government, taxes play an essential role in their programs and they are a powerful tool for achieving main goals in the economy (Kalaš et al 2018). Collection of taxes allows the government to create maximum development projects for the public interest and improve the basic infrastructure of health, education, as well as people's quality of life (Streimikiene et al 2018).…”