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An Attempt To Design A Fiscal Profile Of The Romanian Tax System

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  • LEONIDA, Ionel

    ("Victor Slavescu" Centre for Financial and Monetary Research, Romanian Academy, Bucharest.)

Abstract

In this paper we analyse the Romanian tax system in terms of tax structure and tax rates, in relation to countries in the geographical area of Romania, trying to configure a tax profile of the Romanian tax system. The methodology used combines the empirical analysis of statistical data and their interpretation, with the identification of causalities, in convergence with the objective. The debate and concern are justified by the fact that there are no concrete pragmatic "recipes" for adjustments to guarantee the success of fiscal policy measures, but there are theories that are valid under certain conditions, many of them in conditions of relative economic stability, aiming at adjustments and fine adjustments, with discreet effects on the economy, and less optimal solutions to shocks of the magnitude of recent ones. The results obtained, we appreciate, reflect the current general situation of the Romanian tax system, revealing adjustable and improved aspects, which may prove useful in future more complex analysis of tax authorities in the design of a medium- and long-term fiscal strategy.

Suggested Citation

  • LEONIDA, Ionel, 2021. "An Attempt To Design A Fiscal Profile Of The Romanian Tax System," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 25(4), pages 88-98, December.
    • Handle: RePEc:vls:finstu:v:25:y:2021:i:4:p:88-98
    as

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    References listed on IDEAS

    as
    1. Jorge Martinez-Vazquez & Violeta Vulovic & Yongzheng Liu, 2011. "Direct versus Indirect Taxation: Trends, Theory, and Economic Significance," Chapters, in: Emilio Albi & Jorge Martinez-Vazquez (ed.), The Elgar Guide to Tax Systems, chapter 2, Edward Elgar Publishing.
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    4. Gareth D. Myles, 2009. "Economic Growth and the Role of Taxation-Theory," OECD Economics Department Working Papers 713, OECD Publishing.
    5. Atkinson, A. B. & Stiglitz, J. E., 1976. "The design of tax structure: Direct versus indirect taxation," Journal of Public Economics, Elsevier, vol. 6(1-2), pages 55-75.
    6. Lee, Young & Gordon, Roger H., 2005. "Tax structure and economic growth," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 1027-1043, June.
    7. Gareth D. Myles, 2009. "Economic Growth and the Role of Taxation - Aggregate Data," OECD Economics Department Working Papers 714, OECD Publishing.
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    More about this item

    Keywords

    tax structure; tax revenue; tax rates; tax regime; tax competition Pages: 88-98;
    All these keywords.

    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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