THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE

Through this article, we aim to create a multifactorial model of linear regression by which we discover the impact of the most important taxes in an economy in the economies of the countries of Southeastern Europe. We have selected South East Europe to include and Romania in the empirical analysis....

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Main Authors: Petre BREZEANU, Ghiur RODICA, Silvia Paula TODOR
Format: Article
Language:English
Published: Fundația Română pentru Inteligența Afacerii 2018-06-01
Series:Law, Society & Organisations
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/LSO_4_2.pdf
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spelling doaj-7533807add094983bf2000bff1567e7f2020-11-24T21:58:34ZengFundația Română pentru Inteligența AfaceriiLaw, Society & Organisations2537-477X2018-06-01III4 (1/2018)1121lawsor:y:2018:i:4:11-21THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPEPetre BREZEANU0Ghiur RODICA1Silvia Paula TODOR2 Faculty of Finance / Department Finance, "The Bucharest University of Economic Studies, Bucharest Romania Faculty of Finance / Department Finance, "The Bucharest University of Economic Studies, Bucharest Romania Faculty of Finance / Department Finance, "The Bucharest University of Economic Studies, Bucharest Romania Through this article, we aim to create a multifactorial model of linear regression by which we discover the impact of the most important taxes in an economy in the economies of the countries of Southeastern Europe. We have selected South East Europe to include and Romania in the empirical analysis. So for building the model, we considered it opportune to choose the following independent variables: VAT, Excise, Income Tax. The economy as a whole was considered to be well defined by the Gross Domestic Product it produces, which is why GDP has been selected as a variable. The chosen period spans a sample of 20 years. In conclusion, this study will try to highlight how fiscal pillars, such as VAT, ACIs and income taxes, affect the GDP. In the light of the results obtained, we will try to interpret the coefficients obtained through a fiscal policy that is dominant or not at this level. http://seaopenresearch.eu/Journals/articles/LSO_4_2.pdf Tax conformityTax policyEvolutionRegresion
collection DOAJ
language English
format Article
sources DOAJ
author Petre BREZEANU
Ghiur RODICA
Silvia Paula TODOR
spellingShingle Petre BREZEANU
Ghiur RODICA
Silvia Paula TODOR
THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE
Law, Society & Organisations
Tax conformity
Tax policy
Evolution
Regresion
author_facet Petre BREZEANU
Ghiur RODICA
Silvia Paula TODOR
author_sort Petre BREZEANU
title THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE
title_short THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE
title_full THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE
title_fullStr THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE
title_full_unstemmed THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE
title_sort impact of vat on the economy in relation to other taxes in south east europe
publisher Fundația Română pentru Inteligența Afacerii
series Law, Society & Organisations
issn 2537-477X
publishDate 2018-06-01
description Through this article, we aim to create a multifactorial model of linear regression by which we discover the impact of the most important taxes in an economy in the economies of the countries of Southeastern Europe. We have selected South East Europe to include and Romania in the empirical analysis. So for building the model, we considered it opportune to choose the following independent variables: VAT, Excise, Income Tax. The economy as a whole was considered to be well defined by the Gross Domestic Product it produces, which is why GDP has been selected as a variable. The chosen period spans a sample of 20 years. In conclusion, this study will try to highlight how fiscal pillars, such as VAT, ACIs and income taxes, affect the GDP. In the light of the results obtained, we will try to interpret the coefficients obtained through a fiscal policy that is dominant or not at this level.
topic Tax conformity
Tax policy
Evolution
Regresion
url http://seaopenresearch.eu/Journals/articles/LSO_4_2.pdf
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