 Local Fiscal Capacity in the New Members of the European Union: Is It Efficient?International Journal of Synergy and Research, 2013, vol. 2, issue 1, 57-70 Abstract: Purpose – This paper aims to analyze the efficiency of the fiscal capacity of the local governments in the new members of the EU. Design/methodology/approach – The impact of the locally collected taxes on economic growth is analyzed by the means of regression analysis. The GDP growth rate is adopted as a dependent variable in the model and its deviations are explained via tax instruments for building fiscal capacity. Findings – Strong positive effects on economy, when property taxes come in local budgets. Research limitations/implications – There are many factors affecting the economic growth, which are not included in the regression model. The effects of the charges levied by local governments also remain without estimation. Originality/Value – The study fills in the gap of research on the benefits of local fiscal capacity in the countries of interest. Keywords: property taxes; shared taxes; total government expenditure; economic growth; research; new member states, synergy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:tkp:ijsrsy:v:2:y:2013:i:1:p:57-70 Access Statistics for this article International Journal of Synergy and Research is currently edited by Agnieszka Sitko-Lutek, Binshan Linn and Zbigniew Pastuszak More articles in International Journal of Synergy and Research from ToKnowPress |
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