Economic Growth versus the Dominant Component of the Fiscal Policy: Direct or Indirect Taxation?

Antoniu Predescu
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Antoniu Predescu: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy

Studii Financiare (Financial Studies), 2010, vol. 14, issue 2, 165-170

Abstract: There is, without a doubt, a strong connection between fiscal policy and the economic growth; this is universally known and consented. What is, on the other side of this matter, far less grasped is, firstly, the type of taxation best suited for a given economy 􀂱 in this case, of the Romanian economy 􀂱 and, secondly, the rational tool through the use of which one can decide, scientifically and not at random, the type of taxation used in the real (and given) economy, on the long term and with the conscientious aim of achieving economic growth for years to come.

Keywords: efficiency; growth; tax; price; elasticity (search for similar items in EconPapers)
JEL-codes: D42 E23 E60 L12 M11 (search for similar items in EconPapers)
Date: 2010
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