Tax Structures, Economic Growth And Development

Taxing Africa for Inclusive Human Development: The Mediating Role of Governance Quality

“…To provide for policy ramifications, five government revenue indicators are used, notably, total government revenue collection excluding social contributions and grants as a share of GDP, total tax revenue collection as a share of GDP, total direct tax revenue collection as a share of GDP, total indirect tax revenue collection as a share of GDP and total non-tax revenue collection as a share of GDP. These adopted proxies are consistent with the recent taxation literature Martorano, 2018;Mcnabb & Lemay-boucher, 2014;Morrissey et al, 2014;Prichard, Salardi, et al, 2014).…”

Tax Design for Inclusive Economic Growth

“…In developing countries, for instance, revenue neutral tax shifts from trade taxes towards PIT have not necessarily been pro-growth (McNabb and LeMay-Boucher, 2014). Although trade taxes hinder investment, raising revenues through the PIT may be a weak option for developing countries where taxpayers can easily hide their income and/ or operate in the informal economy.…”

The effects of the tax mix on inequality and growth

“…Acosta-Ormaechea and Yoo (2012) confirmed that property and consumption taxes are more growthfriendly than income taxes (particularly personal income taxes). Likewise, McNabb and LeMay-Boucher (2014) and Drucker et al (2017) found that reducing the share of income taxes in the revenue mix would raise GDP growth.…”