IDEAS home Printed from https://ideas.repec.org/a/wej/wldecn/939.html
   My bibliography  Save this article

Global Examination of Corporate Taxation and Economic Activity

Author

Listed:
  • Dennis Lassila
  • Katherine Taken Smith
  • Lawrence Murphy Smith
  • Rabih Zeidan

Abstract

In virtually every country of the world, taxation is a major issue. Taxes of course are essential for governments to operate. Yet, if excessive, taxation can be onerous for taxpayers to accumulate the funds for payment. This study provides a full-scale global examination of the relationship of corporate income tax and economic activity, as measured by GDP per capita. In addition, the study examines the relationship of corporate income tax to public debt as a percentage of GDP. Findings indicate that lower corporate income tax rates are associated with significantly higher real GDP growth. In addition, lower corporate income tax rates are associated with lower, but not significantly lower public debt as a percentage of GDP.

Suggested Citation

  • Dennis Lassila & Katherine Taken Smith & Lawrence Murphy Smith & Rabih Zeidan, 2024. "Global Examination of Corporate Taxation and Economic Activity," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 25(4), pages 147-180, October.
    • Handle: RePEc:wej:wldecn:939
    as

    Download full text from publisher

    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=939
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wej:wldecn:939. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ed Jones (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.