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The Impact Of Taxes Measured By Gini Index In Macedonia

Author

Listed:
  • Kozuharov, Sasho

    (University of Tourism and Management in Skopje, Macedonia)

  • Petkovski, Vladimir

    (University “Ss. Cyril and Methodius” in Skopje, Macedonia)

  • Ristovska, Natasha

    (University of Tourism and Management in Skopje, Macedonia)

Abstract

The past decades the problem of income inequality and welfare segregation has presented itself as one of the biggest faults for modern economic systems. Republic of Macedonia as a country in development is presented with a serious challenge into decreasing the income inequality witch has risen for average 4% annually over the past 15 years, according to the GINI index. The problem of income inequality for Republic of Macedonia starches further as the country presents itself as one the highest ranking of income inequality in comparison the South-East European countries. The impact of different types of taxes on the income inequality in Republic of Macedonia measured through the GINI index, the econometric model of regression and correlation was conducted towards determination the type of tax that has the most impact on the income inequality in Republic of Macedonia for the observational period, the Personal income tax have the utmost impact on the income inequality measured through the GINI index.

Suggested Citation

  • Kozuharov, Sasho & Petkovski, Vladimir & Ristovska, Natasha, 2015. "The Impact Of Taxes Measured By Gini Index In Macedonia," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 6(1), pages 41-52.
    • Handle: RePEc:ris:utmsje:0135
    as

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    References listed on IDEAS

    as
    1. Mr. Jonathan David Ostry & Mr. Andrew Berg & Mr. Charalambos G Tsangarides, 2014. "Redistribution, Inequality, and Growth," IMF Staff Discussion Notes 2014/002, International Monetary Fund.
    2. Jonathan David Ostry & Andrew Berg & Charalambos G Tsangarides, 2014. "Redistribution, Inequality, and Growth," IMF Staff Discussion Notes 14/02, International Monetary Fund.
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    More about this item

    Keywords

    inequality; GINI index; personal income tax; income distribution;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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