The impact of fiscal policies on Albanian economic growth: The case of value-added tax

Journal of Governance and Regulation

article

Albana Demi¹  Shqipe Xhaferri¹  Skënder Uku²  Shpend Shahini²  Alfons Lushi³ 

[1] University “Aleksandër Moisiu”;Agricultural University of Tirana;“Conservation Adriatik”

关键词: Fiscal Policy;    Economic Development;    Government Policies and Regulation;    Public;    Economics;    Business Taxes and Subsidies;    Dynamic Model;   

DOI  :  10.22495/jgrv10i4siart11

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

This paper aims to give an overview and examine the effects of value-added tax (VAT) income as one of the main elements of fiscal policies on Albanian economic growth GDP (Demi, Hysa, & Nanaj, 2018), for the period 1999–2019, considering also the implementation of VAT legislation rules. The quantitative analysis methods are used in this study based on the wide range of theoretical and practical cases obtained from the literature to figure out the existing link between VAT as the explanatory variable and GDP as the explained variable. Based on empirical testing hypotheses on the importance of econometric models, the statistical information was selected by public institutions in Albania and the data is in the form of time series, often self-correlated from period to period. This feature was considered to avoid the consequences caused by autocorrelation and following the detection, the corrective measures were taken, in order for the statistical inference to be as objective as possible. Finally, this paper argues that VAT rules are considered a very important element for the Albanian economy, and the relevance of this study is to serve policymakers in drafting fiscal policies in the function of economic growth (GDP) in the future.

【 授权许可】

CC BY-NC