Equity-efficiency dilemma and tax harmonization

B. Labour supply function, working hours (ln L)
Variable	Coefficient	t-stat	Probability
constant	4.52	6.80	0.00
lnt_y (b₁)	1.49	13.71	0.00
lnw	1.25	32.60	0.00
lnUN	−0.12	−2.23	0.03
lnCPI	−0.79	−6.33	0.00
Adj. R²=0.94, J-stat=2.11E-16

C. Summary of the estimates of the main coefficient value
(1)	(2)	(3)	(4)
α₁=dlnC/dlnt_i	b₁=dlnL/dlnt_y	*1-a*₁+b₁	$\frac{{\bar{τ}}_{y}}{{\bar{τ}}_{i}}$
−0.49	1.49	2.98	1.67

[i] Source: Ameco database (Eurostat), OECD Statistics

Optimal vis-à-vis actual tax rates

DOI: https://doi.org/10.2478/ceej-2022-0020 | Journal eISSN: 2543-6821 | Journal ISSN: 2544-9001

Language: English, German

Page range: 342 - 353

Published on: Dec 31, 2022

Published by: Faculty of Economic Sciences, University of Warsaw

In partnership with: Paradigm Publishing Services

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© 2022 Basil Dalamagas, John Leventides, Stefanos Tantos, published by Faculty of Economic Sciences, University of Warsaw
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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