The Impact of Tax Ratio on the Tourism Receipts in MENA Countries (Dynamic Panel Data Approach)

Subject Areas : Labor and Demographic Economics

majid  feshari ¹ (مدرس دانشگاه آزاد اسلامی واحد ماکو)
Ali Akbar  Taghipour ² (دانشجوی دکتری جغرافیا و برنامه ریزی شهری دانشگاه تبریز)
mojtaba  valibeigi ³ (دانشجوی دکتری جغرافیا و برنامه ریزی شهری دانشگاه تبریز)
nayer  ghamari ⁴ (کارشناس ارشد علوم اقتصادی)

Received: 2015-04-21 Accepted : 2015-04-21 Published : 2011-04-01

Keywords: Tax Revenue, Tourism Receipts, Dynamic Panel Data Approach,

Abstract :

The impact of tax ratio on the investment, in economic activity such as tourism sector, is important in tourism literature. So, the main objective of this study is to investigate the impact of tax ratio on the tourism receipts in MENA countries during 1995-2009.The model of study has been estimated by applying dynamic panel data approach and GMM estimator. The empirical results of study reveal that tax ratio has negative effect on the tourism receipts and GDP per capita and its growth have positive and significant effect on the tourism receipts in such countries. Hence, the main policy implication of this study is that the policy makers, in these countries, should adopt these policies to improve the tax revenue. Because, any increase of tax revenues can decrease the dependency to the tourism receipts. Moreover, the increase of GDP and GDP per capita can improve the tourism receipts in MENA countries.

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