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Title: Assessment of the Impact of Specific Taxes on Economic Growth
Creator:
Bejanyan, Hayk ; Levonyan, Suren ; Aghabekyan, Edgar ; Davtyan, Kamo ; Petrosyan, Anush
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Abstract:
It is clear that, as a result of consistent and accurate management of each individual type of tax, a good basis is formed for implementing an effective revenue policy of the state, which will contribute to ensuring stable economic growth. This article is dedicated to identifying the impact of state taxes, namely value added tax, income tax, profit tax, excise and sales taxes, on real GDP growth. As well as for each type of tax, the optimal level of the tax burden has been estimated, after which the impact of the tax burden changes from positive to negative. A number of statistical and econometric methods have been used to determine the size of the impact, and the Laffer curve, modified by Balatsky, has been the basis for the model evaluation. The results of the model evaluation have shown that in case of almost all tax types, the tax burden of individual tax types has a positive effect on the GDP in the period under consideration. In particular, according to the obtained results, a 1% change in income tax contributes to an average change of 0.5 percentage points in GDP, and a 1% change in profit tax contributes to an average change in GDP by 0.23 percentage points. The impact of the excise tax is also positive and a 1% change in the latter leads to a 0.42 percentage point change in GDP.
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Երևան
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Identifier:
oai:arar.sci.am:375956
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General note:
Նյութը վերցված է Հայաստանի պետական տնտեսագիտական համալսարանի կայքից։
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Last modified:
Jan 30, 2025
In our library since:
Jun 24, 2024
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13
All available object's versions:
https://arar.sci.am/publication/406729
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Բանբեր Հայաստանի պետական տնտեսագիտական համալսարանի=Вестник Армянского государственного экономического университета=Messenger of Armenian State University of Economics
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Բանբեր ՀՊՏՀ, 2011
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Բանբեր ՀՊՏՀ, 2012
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Բանբեր ՀՊՏՀ, 2013
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Բանբեր ՀՊՏՀ, 2014
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Բանբեր ՀՊՏՀ, 2015
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Բանբեր ՀՊՏՀ, 2016
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Բանբեր ՀՊՏՀ, 2017
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Բանբեր ՀՊՏՀ, 2018
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Բանբեր ՀՊՏՀ, 2019
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Բանբեր ՀՊՏՀ, 2020
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Բանբեր ՀՊՏՀ, 2021
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Messenger of ASUE, 2022
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Messenger of ASUE, 2023
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Messenger of ASUE, 2024
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Messenger of ASUE, 2024, 1
- Editorial board
- Contents
- Forecasting the Investment Environment
- Assessment of the Impact of Specific Taxes on Economic Growth
- Assessment of the Impact of Compulsory Insurance on Ensuring Economic Growth (the Case of the RA)
- Assessing Monetary Policy Effects on Capital Markets: Evidence from the Euro Area
- Fintech Development Degree in the RA Banking System. Opportunities and Challenges
- Banking Stability Multifactor Modelling Using VARMA Methodology in the Republic of Armenia
- Factor Analysis of Socio-Economic Development of Enlarged Communities in the RA
- Current Trends and Challenges of the Development of Small and Medium-Sized Enterprises in the RA
- Integration of Mind Maps and Cue Cards in the Process of Teaching Business English in Blended Learning Settings
- GDP Growth Consequences for the Air Pollution Levels in Armenia
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Messenger of ASUE, 2024, 2
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Messenger of ASUE, 2024, 3
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Messenger of ASUE, 2024, 1
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Բանբեր ՀՊՏՀ, 2011
| Edition name | Date |
|---|---|
| Bejanyan, Hayk, Assessment of the Impact of Specific Taxes on Economic Growth | Jan 30, 2025 |
