GRAPHICAL ANALYSIS OF LAFFER'S THEORY FOR BENELUX COUNTRIES DURING 1995-2012
Journal Title: Вісник Київського національного університету імені Тараса Шевченка. Економіка. - Year 2015, Vol 6, Issue 171
Abstract
Concerns about finding a tax burden rate, that generates the largest amount of tax revenues, have attracted the attention of researchers all the time. Law scarcity of public financial resources in relation to public expenditure determines the continuous monitoring of the evolution of binominal concepts: fiscal pressure versus tax revenues. The most simple and practical approach is given by the well-known Laffer's curve. This paper aims to determine in graphical representation of the curve for Belgium, Netherlands and Luxembourg. The research is based on data provided by the European Commission for 18 years. Conclusions for Benelux countries refer to the fact that the optimum value of tax burden is very closed to the maximum tax burden applied by them (the differences are below 1 percent), even equal for Belgium. Moreover, Luxembourg and Belgium are positioned in the admissible area of this theory, while the Netherlands have a fluctuant position.
Authors and Affiliations
Liliana Bunescu
Keywords
Related Articles
- EP ID EP393794
- DOI 10.17721/1728-2667.2015/171-6/2
- Views 70
- Downloads 0
FINANCIAL INSTRUMENTS FOR STRENGTHENING REGIONAL COMPETITIVENESS IN UKRAINE
Financial instruments are very important in regulation of regional competitiveness. Some budget instruments approved their effectiveness even in crisis period, but the contemporary situation makes it necessary to use bot...
Time Management as a Show of World View of Modern Human
Planning of time always was an inalienable part of social and economic life. However, nowadays time management became so current because of essential changes in society development. Massive production, strict competition...
Situation Analysis of Factors of Pricing Machine-Building Enterprises
The article consist of situational analysis of pricing factors machine building enterprises, which allowed to form strategic decisions in the area of pricing on the basis of the results obtained. It is concluded that the...
CORRELATIONS BETWEEN FINANCIAL PERFORMANCE INDICATORS OF COMPANIES WITH CORE ACTIVITY IN THE ENERGY SECTOR AND RELATED INDUSTRIES, TRADED ON BUCHAREST STOCK EXCHANGE, AND THE BET-NG INDEX
The results we obtained are invalidating the research hypothesis: there is a strong and direct link between the evolution of BET-NG index and the financial performance ratios of the component companies. The analysis perf...
THE INFLUENCE OF ORDOLIBERALISM IN EUROPE
From the "sick man" of Europe, as it was called after the Second World War, Germany managed to become the greatest power on the continent. This was due to hard austerity policies that perfectly suited a hard working and...