Elections and the tax structure in the post-socialist EU member states

Show simple item record

dc.contributor.author Formanová, Lucie
dc.contributor.author Mádr, Michal
dc.date.accessioned 2016-09-21T06:23:55Z
dc.date.available 2016-09-21T06:23:55Z
dc.date.issued 2016
dc.identifier.issn ISSN 1211-555X (Print)
dc.identifier.issn ISSN 1804-8048 (Online)
dc.identifier.uri http://hdl.handle.net/10195/65636
dc.description.abstract The article deals with the political business cycle theory, especially with effects of the term of parliamentary elections on the tax composition (direct versus indirect taxes). It includes a traditional political business cycle analysis evaluating the effects of elections on overall revenues. We use panel data regression analysis, namely fixed effects method with robust option and GMM dynamic panel data estimator to analyse the relationship between tax structure and elections. The analysis includes panel data of tax revenues divided to GDP from 11 post-socialist EU member States in time-period from 1996 to 2014, our models contain 209 observations. Using this data, we found out that political business cycle does not have any effect on direct tax revenues, however there is a minimal impact on indirect tax revenues (0.25% GPD). In election years, there is a decrease of indirect revenues by less than 2 per cent. Furthermore, our models did not identify the influence of post-election effects in observed timeline. eng
dc.format p. 5-13 eng
dc.language.iso eng
dc.publisher Univerzita Pardubice cze
dc.relation.ispartof Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 37/2016 eng
dc.rights open access eng
dc.subject direct taxes eng
dc.subject indirect taxes eng
dc.subject tax structure eng
dc.subject parliamentary elections eng
dc.title Elections and the tax structure in the post-socialist EU member states eng
dc.type Article eng
dc.peerreviewed yes eng
dc.publicationstatus published eng
dc.identifier.scopus 2-s2.0-84988535432
dc.subject.jel D72
dc.subject.jel E62
dc.subject.jel H20

This item appears in the following Collection(s)

Show simple item record

Search DSpace

Advanced Search


My Account