| Abstract [eng] |
The Master’s thesis examines the impact of the tax burden on economic growth in the context of the tax system. The aim of the thesis is to assess the effect of the tax burden on economic growth, taking into account its interaction with the tax system, in 27 European Union (hereinafter – EU) countries. The first part of the thesis summarises the significance of the tax burden and economic growth. It discusses the concepts of economic growth and the tax burden, the main theories of economic growth, and the key factors influencing economic growth. Based on an analysis of the scientific literature, the determinants of economic growth are identified and examined. The second part of the thesis presents the research methodology used to analyse the impact of the tax burden on economic growth in interaction with the tax system. It formulates the research hypotheses, defines the macroeconomic variables included in the analysis, and provides the rationale for their selection. The third part of the thesis analyses the dynamics of the tax burden in EU countries. Following the estimation of the empirical models, model reliability tests are conducted and a detailed econometric analysis is presented. The research results are compared with the findings of other authors, and the thesis concludes with the presentation of general conclusions. The results obtained from the research models (I–V) indicate that the tax burden in EU countries has a negative impact on economic growth, with this relationship being statistically significant in four of the models. The assessment of the interaction models (VI–IX) shows that the impact of the tax burden on economic growth does not differ depending on whether direct or indirect taxes dominate within a country’s tax system, as the interaction coefficients are statistically insignificant in all models. This suggests that, during the analysed period, the type of tax system does not alter the effect of the tax burden on economic growth. |
