The Optimal Tax Rate, Efficiency and Technological Gap of Government in OECD Countries: Stochastic Meta-frontier Approach
Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
In the last decades, many economists have tried to develop models for obtaining the optimal tax rate (OTR) to maximize economic growth. Aiming to contribute to these studies, this study presents a novel approach to determine the OTR based on stochastic meta-frontier analysis. To this end, the meta technical efficiency (MTE), group’s technical efficiency (TE), technology gap ratio (TGR), and OTR were determined for the period 1996-2018 in a selection of OECD countries. The countries were categorized into three groups, namely the Western European (WEU), Eastern European (EEU), and other members of OECD countries (OM). The average values of the OTR were then measured using coefficients of the estimated meta-frontier model and analyzing the optimal rates. The results indicated that the highest average TE belongs to the EEU countries and the highest average MTE and TGR belong to the WEU countries. The results demonstrated that Luxembourg with the highest average value of MTE as well as TE and TGR values higher than 0.9 and also the maximum amount of OTR can be considered as the reference for other countries. It was concluded that with 90% statistical confidence, the average real tax rates in some of the investigated countries are less than the balanced budget OTR during the studied period while actual tax rates in some WEU countries are more than the OTR.
Language:
English
Published:
International Journal of New Political Economy, Volume:4 Issue: 1, Winter - Spring 2023
Pages:
69 to 94
magiran.com/p2573855  
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یک‌ساله به مبلغ 990,000ريال می‌توانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
  • حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران می‌شود.
  • پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانه‌های چاپی و دیجیتال را به کاربر نمی‌دهد.
In order to view content subscription is required

Personal subscription
Subscribe magiran.com for 50 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!