EconPapers    
Economics at your fingertips  
 

Optimality of Fiscal Policy in Romania in Terms of Laffer Curve

Adina Trandafir and Petre Brezeanu ()
Additional contact information
Adina Trandafir: “Spiru Haret” University, Bucharest

Theoretical and Applied Economics, 2011, vol. XVIII(2011), issue 8(561), 53-60

Abstract: Optimality of fiscal policy is an issue widely debated in the literature from multiple perspectives. One way to address this problem is with the Laffer curve, causing the correlation between tax burden and tax revenue. This paper addresses the correlation with Laffer curve for income tax made during the period 2000-2010, highlighting the fact that the Romanian economy lies in the inadmissible slope of the curve, both in analyzing the entire period, and in the part of each year. Moreover, this result reveals the existence of unnecessary redistribution of income in the Romanian economy during the period under review.

Keywords: fiscal policy; Laffer curve; tax burden. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://store.ectap.ro/articole/624.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=624&rid=77 (text/html)

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:agr:journl:v:8(561):y:2011:i:8(561):p:53-60

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Marin Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania - AGER Contact information at EDIRC.
Bibliographic data for series maintained by Marin Dinu ().

 
Page updated 2022-01-08
Handle: RePEc:agr:journl:v:8(561):y:2011:i:8(561):p:53-60