Impact of global recession on selected OECD countries: A panel data analysis

Basit Öğe Kaydı
dc.contributor.authorErdogan, Engin
dc.contributor.authorEner, Meliha
dc.contributor.authorArica, Feyza
dc.contributor.authorGuven, Murat
dc.date.accessioned2025-01-27T19:00:20Z
dc.date.available2025-01-27T19:00:20Z
dc.date.issued2013
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThe tax burden on wages, profits, property, and goods or services has a serious impact on cross-country competiveness, something that, in turn, impinges strongly on the actual economy of common markets such as the European Union (EU). While the mobility of productive factors is directly related with country tax-regime differences, government budget funding from tax revenues and rates are the main fiscal policy tools. This article analyzes the trends, similarities and differences between the tax regimes of European Monetary Union (EMU) for the period from 1995 to 2019. The methodologies we employ include time series analysis, regression analysis and multivariate cluster analysis. The data are mainly collected from the OECD database and tax revenue departments at country level. We argue that there are significant differences among the tax regimes of EU countries and that no policy has been implemented to ensure tax homogeneity across the EU, nor is there any likelihood of such. The anarchy in fiscal policy is an obstacle for the European Integration. Budget deficits have an impact on taxation and countries, invariably, manage the recent debt crisis by selecting different taxes as fiscal policy tools. Our article presents the differences between tax regimes of EMU countries and shows that the level of economic growth affects the structure of taxes at work and alters the performance of different types of taxes; is also wishes to explain the factors that differentiate tax regimes by using multi dimensional criteria and variance analysis. Our work contributes to the debate toward a common tax regime between EU countries and our analysis is concentrated on this.
dc.identifier.doi10.35808/ersj/382
dc.identifier.endpage92
dc.identifier.issn1108-2976
dc.identifier.issue1
dc.identifier.scopus2-s2.0-84919471024
dc.identifier.scopusqualityN/A
dc.identifier.startpage75
dc.identifier.urihttps://doi.org/10.35808/ersj/382
dc.identifier.urihttps://hdl.handle.net/20.500.12428/13260
dc.identifier.volume16
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherInternational Strategic Management Association
dc.relation.ispartofEuropean Research Studies Journal
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_Scopus_20250125
dc.subjectCommon tax regime; Global economic crisis; Global recession; Panel analysis; Tax regime
dc.titleImpact of global recession on selected OECD countries: A panel data analysis
dc.typeArticle

Dosyalar

Koleksiyon

Scopus İndeksli Yayınlar Koleksiyonu