Does goods and services tax stimulate economic growth? International evidence
This paper examines the impact of goods and services tax (GST) on economic growth in developing and developed countries using the Arellano-Bond dynamic panel GMM estimation. The empirical results reveal that GST is negatively correlated with economic growth in developing countries, while statistical...
| 出版年: | Journal of Business and Retail Management Research |
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| 第一著者: | |
| フォーマット: | 論文 |
| 言語: | English |
| 出版事項: |
Academy of Business and Retail Management Research
2016
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| オンライン･アクセス: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84981313478&partnerID=40&md5=9d1088e7edaae4b0e420aeeaaac3a690 |
| id |
Hakim T.A.; Karia A.A.; Bujang I. |
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| spelling |
Hakim T.A.; Karia A.A.; Bujang I. 2-s2.0-84981313478 Does goods and services tax stimulate economic growth? International evidence 2016 Journal of Business and Retail Management Research 10 3 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84981313478&partnerID=40&md5=9d1088e7edaae4b0e420aeeaaac3a690 This paper examines the impact of goods and services tax (GST) on economic growth in developing and developed countries using the Arellano-Bond dynamic panel GMM estimation. The empirical results reveal that GST is negatively correlated with economic growth in developing countries, while statistically significant and positively correlated with economic growth in developed countries. Therefore, we conclude that the implementation of the current flat rate of GST is least efficient in collecting the higher revenue and stimulate growth in developing countries. Hence, the implementation of the current GST should be revised to generate higher revenue and economic growth without burdening the consumption and real per capita income in developing countries. Academy of Business and Retail Management Research 17518202 English Article |
| author |
2-s2.0-84981313478 |
| spellingShingle |
2-s2.0-84981313478 Does goods and services tax stimulate economic growth? International evidence |
| author_facet |
2-s2.0-84981313478 |
| author_sort |
2-s2.0-84981313478 |
| title |
Does goods and services tax stimulate economic growth? International evidence |
| title_short |
Does goods and services tax stimulate economic growth? International evidence |
| title_full |
Does goods and services tax stimulate economic growth? International evidence |
| title_fullStr |
Does goods and services tax stimulate economic growth? International evidence |
| title_full_unstemmed |
Does goods and services tax stimulate economic growth? International evidence |
| title_sort |
Does goods and services tax stimulate economic growth? International evidence |
| publishDate |
2016 |
| container_title |
Journal of Business and Retail Management Research |
| container_volume |
10 |
| container_issue |
3 |
| doi_str_mv |
|
| url |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84981313478&partnerID=40&md5=9d1088e7edaae4b0e420aeeaaac3a690 |
| description |
This paper examines the impact of goods and services tax (GST) on economic growth in developing and developed countries using the Arellano-Bond dynamic panel GMM estimation. The empirical results reveal that GST is negatively correlated with economic growth in developing countries, while statistically significant and positively correlated with economic growth in developed countries. Therefore, we conclude that the implementation of the current flat rate of GST is least efficient in collecting the higher revenue and stimulate growth in developing countries. Hence, the implementation of the current GST should be revised to generate higher revenue and economic growth without burdening the consumption and real per capita income in developing countries. |
| publisher |
Academy of Business and Retail Management Research |
| issn |
17518202 |
| language |
English |
| format |
Article |
| accesstype |
|
| record_format |
scopus |
| collection |
Scopus |
| _version_ |
1828987880603648000 |