The Correlation between Value Added Tax and Economic Growth in Romania

Ana Maria Uritescu ()
Additional contact information
Ana Maria Uritescu: The Bucharest University of Economic Studies

Hyperion Economic Journal, 2017, vol. 5, issue 1, 29-38

Abstract: The study aims to investigate the relationship between the revenues collected from the VAT and the GDP in Romania, for the period of 1993-2016. The interest in studying this relationship derives from the importance gained by this tax over the years and from the actuality of the economic growth in Romania. The methods used are: estimating a regression model and estimating the autoregressive vector model using Eviews 9. The regression model has the gross domestic as a dependent variable and as an independent variable the revenues from the VAT. The results obtained from the analysis indicates that there is a positive and direct relationship between the two variables and the variation of the GDP is explained by the revenues from the VAT

Keywords: VAT; economic growth; autoregressive vector; Granger causality (search for similar items in EconPapers)
JEL-codes: C50 H20 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hej.hyperion.ro/articles/1(5)_2017/HEJ%20nr1(5)_2017_A4Uritescu.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hyp:journl:v:5:y:2017:i:1:p:29-38

Access Statistics for this article

Hyperion Economic Journal is currently edited by Iulian Panait

More articles in Hyperion Economic Journal from Faculty of Economic Sciences, Hyperion University of Bucharest, Romania Hyperion University, Faculty of Economic Sciences, Calea Calarasilor no. 169, district 3, Bucharest, 030615, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Iulian Panait ().