Taxation, growth and the stock traded nexus in emerging Asian countries
Heterogeneous and semi-parametric panel estimates
Bibliographic Data
| ID | 15067802 |
|---|---|
| Authors | Nanthakumar Loganathan (0000-0002-3221-6629, University of Technology Malaysia, corresponding author), Roshaiza Taha (0000-0002-8391-7206, Universiti Malaysia Terengganu), Norsiah Ahmad (0000-0003-4030-7018, Sultan Zainal Abidin University), Thirunaukarasu Subramaniam (0000-0003-4334-8026, University of Malaya) |
| Year | 2017 |
| Volume | 30 |
| Issue | 1 |
| Pages | 566-580 |
| Publication date | 2017-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2017.1305789 |
| OpenAlex | W2604889602 |
| Language | EN |
| Citations received | 2 |
| References cited | 44 |
This study attempts to investigate the impact of economic growth and stock traded on taxation for emerging Asian countries, namely China, India, Indonesia, Republic of Korea, Malaysia and Thailand. To examine the plausible links between these indicators, we used semi-parametric, heterogeneous and panel causality analysis by employing data covering the period 1990–2014. The semi-parametric estimates indicate a U-shape effect between growth and taxation, along with elastic opposite direction effects of stock traded on taxation. This suggests that higher growth will have a positive influence on taxation in emerging Asian countries. The findings of the Dumitrescu and Hurlin (DH) heterogeneous Granger causality test revealed that there is a bi-directional causality running between growth and taxation, and a uni-directional causality running from stock traded to taxation,and from growth to stock traded.This confirms the presence of a growth-led taxation nexus in emerging Asian countries
China · Econometrics · Economics · Emerging markets · Geography · Granger causality · Macroeconomics · Monetary economics · Panel data · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth · Taxation and Compliance Studies
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| Unique citing works | 2 |
|---|---|
| Citations per year | 0,29 |
| Citation span | 2019 - 2022 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |