scholarly journals Corruption, Taxation and the Impact on the Shadow Economy

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 18 ◽  
Author(s):  
Daniel Němec ◽  
Eva Kotlánová ◽  
Igor Kotlán ◽  
Zuzana Machová
Keyword(s):  
Tax Evasion ◽  
Capital Accumulation ◽  
Shadow Economy ◽  
Labour Force ◽  
Destructive Effect ◽  
Eu Member States ◽  
Initial Assumption ◽  
The Individual ◽  
The Impact

While assessing the economic impacts of corruption, the corruption-related transmission channels which influence taxation as such have to be duly considered. Taking the example of the Czech Republic, this article aims to evaluate the impacts corruption has on the size of the shadow economy as well as on the individual sources of long-term economic growth, making use of a transmission channel through which corruption affects the tax burden components. Using the method of an extended DSGE model, it confirms the initial assumption that an increase in perceived corruption supports the shadow economy’s growth, but at the same time, it demonstrates that corruption and especially its perception has a significantly different effect on two key areas—the capital accumulation and the labour force size. It further identifies another sector of the economy representing taxes which are prone to tax evasion while asserting that corruption has a much more destructive effect on this sector of the economy, offering generalized implications for other post-communist EU member states in a similar situation.

Secular stagnation in the modern world

2018 ◽  
pp. 125-141 ◽  
Author(s):  
S. M. Drobyshevsky ◽  
P. V. Trunin ◽  
A. V. Bozhechkova
Keyword(s):  
Public Debt ◽  
Capital Accumulation ◽  
Technological Development ◽  
Japanese Economy ◽  
Modern World ◽  
Key Factors ◽  
Destruction Process ◽  
Secular Stagnation ◽  
The Impact

The paper studies the factors of secular stagnation. Key factors of long-term slowdown in economic growth include the slowdown of technological development, aging population, human capital accumulation limits, high public debt, creative destruction process violation etc. The authors analyze key theoretical aspects of long-term stagnation and study the impact of these factors on Japanies economy. The authors conclude that most of the factors have significant influence on the Japanese economy for recent decades, but they cannot explain all dynamics. For Russia, on the contrary, we do not see any grounds for considering the decline in the economy since 2013 as an episode of secular stagnation.

scholarly journals TAX GAP AS A TOOL FOR MEASURING VAT EVASION IN THE EU COUNTRIES

2020 ◽  
Vol 10 (2) ◽  
pp. 8-13
Author(s):  
ALENA ANDREJOVSKÁ ◽  
VERONIKA KONEČNÁ ◽  
JANA HAKALOVÁ
Keyword(s):  
Tax Evasion ◽  
Sharp Change ◽  
Member States ◽  
Eu Member States ◽  
Tax Revenues ◽  
Tax Gap ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship ◽  
The Eu

VAT is one of the most decisive tax revenues sources in the EU Member States. Due to financial frauds and insufficient tax system, there is a billion loss of EUR every year in the European budget. The article deals with the impact of the tax evasion on economies of the EU Member States. By applying the top-down approach, we observed tax gaps as a quantifier of tax evasion from 2004 to 2017. The period around the economic crisis in 2009 was examined in more detail, as there was a sharp change in the evolution of tax gaps. We constructed a regression model, which examined the relationship of the tax gap and VAT tax revenues to selected determinants of tax evasion. The results showed that tax gaps in the Member States have been growing every year. We also found that there is an increase in tax revenues, but tax liabilities increase to greater extent.

1156Coronary artery bypass grafting vs. FFR-guided PCI in diabetic patients with multivessel disease

2019 ◽  
Vol 40 (Supplement_1) ◽  
Author(s):  
G Di Gioia ◽  
N Soto Flores ◽  
D Franco ◽  
I Colaiori ◽  
J Sonck ◽  
...  
Keyword(s):  
Myocardial Infarction ◽  
Artery Bypass ◽  
Diabetic Patients ◽  
Bypass Grafting ◽  
Fractional Flow ◽  
Artery Bypass Grafting ◽  
The Individual ◽  
The Impact

Abstract Background In diabetic patients with multivessel coronary disease (MVD), coronary artery bypass grafting (CABG) has shown long-term benefits in mortality over percutaneous coronary revascularization (PCI). Nevertheless, the impact of fractional flow reserve (FFR)-guided PCI on clinical outcomes has never been investigated in these patients. Purpose To evaluate the long-term (5-year) clinical outcome of diabetic patients with MVD treated with FFR-guided PCI compared to CABG. Methods From February 2010 to February 2018, all diabetic patients undergoing coronary angiography in one centre (n=4622) were screened for inclusion. The inclusion criterion was presence of at least two-vessels CAD defined as with diameters stenosis ≥50%. In case of intermediate coronary stenosis (%DS 30–70%), FFR was performed at the discretion of the operator. Revascularization was performed when FFR ≤0.80. Exclusion criteria were ST-elevation myocardial infarction, prior CABG, and moderate or severe valvular heart dysfunction. To account for confounders, we compared outcomes by calculating an adjusted Kaplan-Meier estimator using inverse probability of treatment weighting (IPTW). Propensity score variables included age, sex, smoking habit, hypertension, hyperlipidemia, insulin therapy, family history of CAD, chronic obstructive pulmonary disease (COPD), glomerular filtration rate (GFR), prior myocardial infarction, peripheral vascular disease (PVD), admission for NSTEMI, ejection fraction, number of angiographic stenotic vessels. Odds ratios were calculated using generalized linear models (GLM). The primary endpoint was major adverse cardiovascular and cerebrovascular events (MACCE), defined as all-cause death, myocardial infarction and stroke. Secondary endpoints were the individual component of MACCE and any repeated revascularization. Results A total of 538 diabetic patients with MVD were included in the analysis. Among them, 317 (59%) patients underwent CABG and 221 (41%) FFR-guided PCI. Patients treated with FFR-guided PCI had more often COPD as compared to patients in the CABG-group, but patients treated with CABG had lower GFR, more PVD, higher number of angiographic stenotic vessels (2.8±0.4 vs. 2.5±0.5; p<0.01) and higher Syntax score (20±7 vs. 14±6; p<0.01) as compared to the FFR-guided PCI group. Clinical follow-up was obtained in 95% of the patients at a median follow-up of 5 years. The incidence of MACCE was similar in the CABG and in the FFR-guided PCI group [27% vs. 29%; OR (95% CI) 1.05 (0.68–1.63); p=0.74]. No differences were found in the individual components of MACCE. Repeat revascularization was more frequent in the FFR-guided PCI group than in the CABG group [27% vs. 7%; OR (95% CI) 4.3 (2.35–7.9); p<0.01]. Conclusions In diabetic patients with MVD undergoing FFR-guided PCI, no differences in major adverse events were observed at a median follow-up of 5 years compared with CABG.

Drought relief schemes for the 'Pastoral Zone'.

1982 ◽  
Vol 4 (2) ◽  
pp. 67 ◽  
Author(s):  
IB Robinson
Keyword(s):  
Land Tenure ◽  
Management Strategies ◽  
Government Policies ◽  
Primary Industry ◽  
The Subject ◽  
Consensus View ◽  
Spatial Diversification ◽  
The Individual ◽  
The Impact

In this article I have attempted to firstly provide a consensus view of graziers to sound drought strategies; secondly, outline Government policies or action directed towards assisting graziers affected by drought; and finally, address the subject of drought policy as it relates to conservation of the rangeland resource. Drought strategies discussed include pre-drought (e.g. fodder reserves, conservative stocking), longer term (e.g. increasing property size, spatial diversification of grazing blocks) and in-drought (e.g. reduce stock numbers early in drought). Grounds for Government intervention and aid for drought affected producers are analysed with regard to both the individual farmer's needs and the impact nationally of low return from a drought-affected primary industry. Aspects discussed include provision of better infrastructure (e.g, new roads), taxation concessions, a National Drought Fodder Reserve, land tenure policy, the Rural Adjust- ment Scheme and credit and freight concessions. From the conservation viewpoint, it is pointed out that officially declared 'droughts' occur too frequently and there are no incentives for graziers to either act early before a drought becomes firmly established or to delay re-stocking after the drought has broken. It is concluded that a balance between in-drought assistance and long term assistance needs to be struck, and that drought policies should be directed towards 'good' management strategies. If this can be achieved then primary producers should be less dependent on relief schemes.

CHOICE OF LOCATION, GROWTH AND WELFARE WITH UNEQUAL POLLUTION EXPOSURES

2014 ◽  
Vol 19 (Supplement_1) ◽  
pp. S58-S82 ◽  
Author(s):  
Hoang Khac Lich ◽  
Frédéric Tournemaine
Keyword(s):  
Environmental Quality ◽  
Capital Accumulation ◽  
Main Idea ◽  
Human Capital Accumulation ◽  
Lower Growth ◽  
Endogenous Growth Model ◽  
The Impact ◽  
Geographical Locations ◽  
General Individuals

We develop an endogenous growth model with human capital accumulation in which firms are polluting and heterogeneous individuals must decide, among other things, where to live. The main idea is that pollution is unequally spread across geographical locations, inducing a trade-off for individuals between environmental quality and leisure. In such economy, we show that a better environmental quality and/or a greater degree of inequality lead individuals to favour cleaner locations which, in turn, boosts long-term growth. Welfare-wise, we find that, in general, individuals prefer a greater level of consumption and leisure but lower growth and environmental quality than those which are possible to achieve. Moreover, we show that the sign of the impact of inequality on environmental quality is likely to be negative.

scholarly journals Labour force participation in New Zealand: Tecent trends, future scenarios and the impact on economic growth.

1970 ◽  
Author(s):  
David Paterson ◽  
Simon Brown
Keyword(s):  
Economic Growth ◽  
New Zealand ◽  
Labour Force ◽  
Participation Rate ◽  
Labour Force Participation ◽  
Population Ageing ◽  
The Past ◽  
To Come ◽  
The Impact

This paper examines labour force participation trends in New Zealand, how we compare to the rest of the OECD and how participation and economic growth might be affected in the future by population ageing. Participation has risen significantly over the past 20 years despite an increase in the average age of the working­age population. We have looked at how participation has changed by age, gender and ethnicity. By contrast, average hours worked has declined over the past 20 years and we consider the reasons for that. Population ageing means the recent growth seen in labour force participation is likely to come to an end, with the participation rate projected to decline over the medium term. Falling participation will have a dampening effect on economic growth. We have investigated the impact of declining participation on gross domestic product using official labour force projections and identified a range of scenarios for what participation might look like in the year 2029. In each scenario, we discuss the impact on economic growth. Most other OECD countries are in a similar situation to us with respect to population ageing. We have looked at the latest Australian projections for economic growth in the long term and the increased growth in New Zealand’s productivity that would be necessary to begin to close the gap on Australia.

scholarly journals Motivace fanoušků fotbalu, hokeje a florbalu k návštěvě utkání profesionálních sportovních klubů

2019 ◽  
Vol 12 (2) ◽  
pp. 147-156
Author(s):  
Michal Jilka ◽  
Oldřich Racek
Keyword(s):  
Pricing Policy ◽  
Sports Clubs ◽  
The People ◽  
Foreign Countries ◽  
The Individual ◽  
Ticket Prices ◽  
Individual Sports ◽  
The Impact ◽  
The Given

The article deals with the motivation of consumers of professional sports clubs of football, hockey and floorball to visit matches. Despite the apparent small increase in long-term attendance in selected sports, the average number of visitors compared to foreign countries is significantly lower. The impact can have several aspects, ranging from the unattractive matches or the players who are playing for the club, the bad priced pricing policy of individual clubs, the lack of promotion of the match, etc. To find out the results, the questionnaire survey was used during the individual sports matches, processed and evaluated. It has been found that the most frequent motives for visiting sports matches of selected sports are primarily the people with whom the people go to the match and then the feeling of relaxation and the atmosphere associated with the given match. Ticket prices, even personalities and individuality who are playing for the club, don’t play a role in deciding process.

scholarly journals Taking Students on a Journey to El Yunque

2016 ◽  
Vol 7 (1) ◽  
Author(s):  
Steven McGee ◽  
Jess K. Zimmerman
Keyword(s):  
Temporal Dynamics ◽  
Science Curriculum ◽  
Global Climate ◽  
Ecosystem Dynamics ◽  
Long Term Ecological Research ◽  
Hurricane Impact ◽  
The Individual ◽  
Long Term Impact ◽  
The Impact

As the developers of Journey to El Yunque, we have taken a different approach to the process of designing a science curriculum. Rather than start with a specific set of concepts or skills to target as learning outcomes, we started by identifying a specific community of practice to which we sought to connect students. Researchers in the El Yunque rainforest in Puerto Rico have been studying the impact of hurricanes on ecosystem dynamics and have been modeling what the long-term impact would be if changes to the global climate increase the frequency of severe hurricanes. Therefore, hurricane impact became the focal phenomenon for the unit. We modeled the process of investigating hurricane impact after the long-term ecological research practices of researchers in El Yunque. Students begin by investigating the long-term impact of hurricanes on the producers in El Yunque. Next students investigate the long-term impact of hurricanes on various consumers in the rainforest. Finally, students investigate how hurricanes impact the cycling of resources directly as well as indirectly through changes in organisms’ use of those resources in the rainforest. A central tension in the design process is how to coherently represent the spatial relationships between the components of the ecosystem and the temporal dynamics of the individual components. In this paper, we present the evolution of the program as we sought to balance that design tension and build an environment that connects students to the central phenomenon and practices of the community of researchers in El Yunque. 

Glocalizing cures for China’s brain drain ills

2018 ◽  
Vol 20 (1) ◽  
pp. 16-32 ◽  
Author(s):  
Hanna Kim ◽  
Ryan Michael Allen
Keyword(s):  
Brain Drain ◽  
Local Governments ◽  
Design Methodology ◽  
Development Theory ◽  
Geographic Proximity ◽  
Content Type ◽  
The Individual ◽  
Capital Development ◽  
The Impact

Purpose The purpose of this paper is to examine how the Chinese Central Government’s plan to alleviate brain drain, called the Thousand Talents Plan, has been glocalized by three major local governments: Shanghai, Tianjin, and Guangdong. Design/methodology/approach The lens of glocalization pays special attention to the impact of local reactions to global forces. Materials from the Recruitment Program of Global Experts for three major cases were examined for glocal characteristics. An analysis of each case was carried out to compare the strategies and implementations to explore the individual glocalizations and larger national similarities. Findings The findings show that each of the localities has distinct regional variations in their strategies: Shanghai utilized its economic prowess, Tianjin focused on clustering experts, and Guangdong maximized its geographic proximity to Hong Kong. At the same time, all three policies were still rooted in human capital development theory, with a keen emphasis to attracting migrants with greater propensity for staying long term in China. Originality/value The study of brain drain is important because it is a problem that plagues communities around the world, especially non-western societies. While China’s tactics to combat brain drain have been examined, the consideration of glocalization in the cases of Shanghai, Tianjin, and Guangdong have not been carried out.

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