Persistence in tax revenues: evidence from some OECD countries

Caporale, GM; Garcia Tapia, S; Gil-Alana, LA

Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/28130

Full metadata record

DC Field	Value	Language
dc.contributor.author	Caporale, GM	-
dc.contributor.author	Garcia Tapia, S	-
dc.contributor.author	Gil-Alana, LA	-
dc.date.accessioned	2024-01-30T21:05:11Z	-
dc.date.available	2024-01-30T21:05:11Z	-
dc.date.issued	2024-02-19	-
dc.identifier	ORCiD: Guglielmo Maria Caporale https://orcid.org/0000-0002-0144-4135	-
dc.identifier	ORCiD: Luis Alberiko Gil-Alana https://orcid.org/0000-0002-5760-3123	-
dc.identifier.citation	Caporale, G.M., Garcia Tapia, S. and Gil-Alana, L.A. (2024) 'Persistence in tax revenues: evidence from some OECD countries', Journal of Quantitative Economics, 0 (ahead of print), pp. 1 - 17. doi: 10.1007/s40953-024-00386-x.	en_US
dc.identifier.issn	0971-1554	-
dc.identifier.uri	https://bura.brunel.ac.uk/handle/2438/28130	-
dc.description	JEL classification codes: C13; C22	en_US
dc.description	Data availability: Data are available from the authors upon request.	-
dc.description	An earlier version of this paper is available as Brunel University London. Department of Economics and Finance. Working Paper No. 2317 available online at : https://www.brunel.ac.uk/economics-and-finance/research/pdf/2317-TAX-REVENUES-SEPT.pdf . It has not been certified by peer review..	-
dc.description.abstract	This paper examines persistence in tax revenues in a set of 21 OECD countries over the period 1965-2021 using long-range dependence techniques based on fractional integration. The results imply that there are only a few cases of mean reversion: one for total revenue (Switzerland); three for VAT (Belgium, Italy, and Spain), and six for tax on income (Austria, Belgium, Finland, Spain, Sweden and USA). The analysis is also carried out for inflation in the same set of countries. Again the I(1) hypothesis cannot be rejected in most cases, mean reversion only occurring in Korea, Iceland, Norway and Sweden. However, stronger evidence of mean reversion is found for the differences between the three original tax series and inflation compared to the tax series themselves, which points to the existence of a linkage between taxation and inflation, especially in the case of VAT and tax on income	en_US
dc.description.sponsorship	Open Access funding provided thanks to the CRUE-CSIC agreement with Springer Nature. Ministerio de Ciencia, Innovación y Universidades, MINEIC-AEI-FEDER PID2020-113691RB-I00, Luis Alberiko GIL-ALANA.	en_US
dc.format.extent	1 - 17	-
dc.format.medium	Print-Electronic	-
dc.language.iso	en_US	en_US
dc.publisher	Springer Nature	en_US
dc.relation.uri	https://www.brunel.ac.uk/economics-and-finance/research/pdf/2317-TAX-REVENUES-SEPT.pdf	-
dc.relation.uri	https://www.cesifo.org/DocDL/cesifo1_wp10682.pdf	-
dc.relation.uri	https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4592970	-
dc.rights	Copyright © The Author(s) 2024. Rights and permissions: Open Access. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/.	-
dc.rights.uri	https://creativecommons.org/licenses/by/4.0/	-
dc.subject	revenues	en_US
dc.subject	taxes	en_US
dc.subject	persistence	en_US
dc.subject	fractional integration	en_US
dc.subject	long memory	en_US
dc.title	Persistence in tax revenues: evidence from some OECD countries	en_US
dc.type	Article	en_US
dc.identifier.doi	https://doi.org/10.1007/s40953-024-00386-x	-
dc.relation.isPartOf	Journal of Quantitative Economics	-
pubs.publication-status	Published online	-
pubs.volume	0	-
dc.identifier.eissn	2332-2039	-
dc.rights.license	https://creativecommons.org/licenses/by/4.0/legalcode.en	-
dc.rights.holder	The Author(s)	-
Appears in Collections:	Dept of Economics and Finance Research Papers

Files in This Item:

File	Description	Size	Format
FullText.pdf	Copyright © The Author(s) 2024. Rights and permissions: Open Access. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit https://creativecommons.org/licenses/by/4.0/.	1.1 MB	Adobe PDF	View/Open

Show simple item record

This item is licensed under a Creative Commons License