An Investigation of the Relationship between Taxation and Economic Growth (The Case Study: Iran, OPEC and OECD Countries)

Subject Areas : Financial Economics

ایوب فرامرزی ¹ , مجید دشتبان فاروجی ² , نادر حکیمی پور ³ , صادق علیپور ⁴ , امیر جباری ⁵

1 - استادیار پژوهشکده آمار
2 - استادیار دانشگاه بجنورد
3 - استادیار پژوهشکده آمار
4 - استادیار پژوهشکده آمار
5 - استادیار دانشگاه زنجان

Received: 2015-07-05 Accepted : 2015-09-09 Published : 2015-12-17

Keywords: Iran, Economic Growth, C22, O40, Keywords: Tax, Granger causality test, OECD Countries. JEL Classification:H20,

Abstract :

Abstract Tax revenues considers as one of the most important sources of financing and as an effective instrument for fiscal policy in the most economies. The many economists have done experimental and theoretical studies about the effects of taxes on economic growth in different countries. For this purpose, this study investigated the relationship between the taxes and economic growth in Iran, OECD and OPEC selected countries.   The results of this article for Iran during 1963-2011 has indicated that no cause relationship between taxes and economic growth. Johansen test also showed that the tax have not effected on economic growth. This Result also in 26 OECD member countries during 1998 to 2011 using the VAR-Panel model shows have cause relationship between taxes and economic growth. However, these results from Pedroni and Kao tests also indicate that have no cause relationship between taxes and economic growth in OPEC selected countries during 1994-2011.

References:

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