Volume 20, Issue 15 (2012)                   J Tax Res 2012, 20(15): 9-36 | Back to browse issues page

XML Persian Abstract Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Rahmani‎ T, Abbasinejad H, Rahmani A. An Examination of the Relationship between Inflation Tax and Economic . J Tax Res. 2012; 20 (15) :9-36
URL: http://taxjournal.ir/article-1-47-en.html
1- Faculty Member of Economics, Tehran University , trahmani@ut.ac.ir
2- Faculty Member of Economics, Tehran University
3- Master of Economics from Tehran University
Abstract:   (8360 Views)
In this paper, we examine the relationship between inflation, tax and economic growth by using autoregressive distributed lags (ARDL) model. Seigniorage or income that the government obtains by printing money consists of two parts. The first part of the income is obtained without causing inflation and the second part is the inflation tax or income that government obtains by inflation. We find that inflation tax also has a negative effect on economic growth. The ratio of investment to GDP and growth of oil revenues are directly related to economic growth. Results from the Error Correction Model (ECM) shows that if a deviation from the long-term equilibrium occurs, moving toward a long-term equilibrium is oscillatory.
Full-Text [PDF 707 kb]   (2858 Downloads)    
Type of Study: Research |
Received: 2012/05/19 | Accepted: 2012/09/19 | Published: 2014/03/7

Add your comments about this article : Your username or Email:
CAPTCHA

Send email to the article author


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

© 2022 CC BY-NC 4.0 | Journal of Tax Research

Designed & Developed by : Yektaweb