出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The aim of the study is to analyze the impact of democracy on tax revenues. The relationship between democracy and tax revenue of 28 countries was empirically tested with the help of data from 2002 to 2014. In the study panel unit root, panel causality and panel cointegration tests are used. Findings of the panel in general, the result being that democracy is usually ineffective in increasing tax revenues. However, when the individual effects are taken into consideration, the effect of democracy on tax revenues has concluded that countries have changed to be positive and negative according to democratic development levels.
