دانلود مقاله ISI انگلیسی شماره 5236
ترجمه فارسی عنوان مقاله

آیا فعالیت های سیستم مالی بر درآمد مالیاتی در مالزی تاثیر می گذارد ؟ محدوده آزمون و رویکرد علیت

عنوان انگلیسی
Does financial system activity affect tax revenue in Malaysia? Bounds testing and causality approach
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
5236 2013 11 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of Asian Economics, Volume 24, February 2013, Pages 147–157

ترجمه کلمات کلیدی
مالیات بر درآمد - بخش بانکداری - محدوده آزمون - علیت - بخش غیر بانکی
کلمات کلیدی انگلیسی
پیش نمایش مقاله
پیش نمایش مقاله  آیا فعالیت های سیستم مالی بر درآمد مالیاتی در مالزی تاثیر می گذارد ؟ محدوده آزمون و رویکرد علیت

We provide new empirical evidence on the relationship among direct tax revenue and banking and non-banking activities in Malaysia's financial system, utilising monthly data for the period 1997–2008. The existence of the long run equilibrium relationship between tax revenue and the financial system was investigated using the autoregressive distributive lag (ARDL) bounds testing approach to cointegration. We find a long-run equilibrium relationship between the financial system and tax revenue in Malaysia. The short-run dynamic relationship between direct tax revenue and financial system was investigated using the vector error correction model (VECM). The estimated ECTt−1 coefficient indicates a relatively fast speed of adjustment from short-run disequilibrium to long-run equilibrium. The Granger causality tests reveal unidirectional causality running from stock market towards direct tax revenue, indicating that an increase in stock market activities is likely to improve the collection of direct tax revenue. Overall, we show that the impact of the financial system on direct tax revenue is more profound in the short run than in the long run.