Estimating State Income-Tax Revenues: A New Approach

Singer, Neil M.

doi:10.2307/1926320

Cited by 10 publications

(3 citation statements)

References 2 publications

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“…Some attempts to measure tax elasticities rely on regression methods applied to data on various tax revenue, tax base and income aggregates: see Tanzi (1969Tanzi ( , 1976, Singer (1970), Friedlaender et al (1973), Wasylenko (1975), Thursby (1979, 1980), Carter (1981), Fox and Campbell (1984), Dye and McGuire (1991), Sobel and Holcombe (1995) and Ram (1991). Early studies include Vickrey (1949), Groves and Kahn (1952), Smith (1963), Wilford (1965) and Legler and Shapiro (1968).…”

Section: A Two-parameter Functionmentioning

confidence: 99%

The Built‐in Flexibility of Income and Consumption Taxes

Creedy

Gemmell

2002

Journal of Economic Surveys

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This paper reviews, and synthesises within a uniform framework, a number of analytical results on the built-in flexibility of taxation. Established results for income taxes are reviewed and integrated with recent results for consumption taxes. These help to provide a better understanding of the determinants of the revenue responsiveness properties of different taxes. They also provide convenient expressions for the calculation of tax revenue elasticities in practice. It is shown that the magnitude of revenue elasticities can be expected to differ substantially for alternative taxes, for different forms of the same tax, and for the same tax over time as incomes change relative to tax thresholds and as consumption patterns change. These results are especially relevant for the many industrialised countries which have undertaken major fiscal reforms in recent years with, often unintended, consequences for revenue elasticities.

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Section: A Two-parameter Functionmentioning

confidence: 99%

The Built‐in Flexibility of Income and Consumption Taxes

Creedy

Gemmell

2002

Journal of Economic Surveys

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“…3Singer (8). Alaska adjusted gross income is determined by the first three equations on the basis of the aforementioned adjustments to federal gross income.…”

Section: Il the Modelmentioning

confidence: 99%

“…In order to investigate the size of the potential impact of this fiscal policy D the personal income tax model was linked to an econometric model of the state through the exogenous variables in the tax model. 8 The resulting model permits the analysis of both direct revenue effects and general economic effects of tax changes.…”

Section: Model Simulationsmentioning

confidence: 99%

A state personal income tax simulation model

Goldsmith

1979

Ann Reg Sci

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A simple econometric model of a state personal income tax is presented. The model is designed for economies subject to rapid population increase by means of a double log specification of an average tax schedule. Various tests are presented to validate the model. It is then incorporated into a full econometric model and the revenue and general equilibrium effects of two types of tax cut are considered. It is found that changes in state personal income tax rate schedules and deduction provisions have significant general equilibrium effects on open economies and these result in substantial induced revenue impacts.

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How Buoyant Is the Tax System? New Evidence from a Large Heterogeneous Panel

Dudine

Jalles

2017

J of Intl Development

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In this paper, we provide short‐run and long‐run tax buoyancy estimates for 107 countries (distributed between advanced, emerging and low income) for the period 1980–2014. By means of fully modified ordinary least square (OLS) and (pooled) mean group estimators, we find that (1) for advanced economies, both long‐run and short‐run buoyancies are not different from 1; (2) long‐run tax buoyancy exceeds 1 in the case of corporate income tax (CIT) for advanced economies, personal income tax and social security contributions in emerging markets and taxes on goods and services for low‐income countries; (3) in advanced countries, the buoyancy of the CIT buoyancy is larger during contractions than during times of economic expansions, whereas in emerging market economies, this is the case for the CIT and taxes on goods and services; and (4) both trade openness and human capital increase buoyancy, while inflation and output volatility decrease it. Copyright © 2017 John Wiley & Sons, Ltd.

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Estimating State Income-Tax Revenues: A New Approach

Cited by 10 publications

References 2 publications

The Built‐in Flexibility of Income and Consumption Taxes

The Built‐in Flexibility of Income and Consumption Taxes

A state personal income tax simulation model

How Buoyant Is the Tax System? New Evidence from a Large Heterogeneous Panel

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