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Author
Chrzonstowski Antoni (Katolicki Uniwersytet Lubelski Jana Pawła II w Lublinie, Polska, doktorant)
Title
Wpływ systemów emerytalnych na efekt Laffera w krajach OECD
The Laffer effect in OECD countries: pension system impact
Source
Gospodarka Narodowa, 2014, nr 1, s. 141-160, tab., rys., bibliogr., 23 poz.
The National Economy
Keyword
System emerytalny, Krzywa Laffer'a
Pension schemes, Laffer Curve
Note
streszcz., summ.
Country
Kraje OECD
OECD countries
Abstract
The article is concerned with the so-called Laffer effect - an effect involving the relationship between possible rates of taxation and the resulting levels of government revenue - in countries that are members of the Organization for Economic Cooperation and Development (OECD). The author sets out to designate a maximum of the Laffer curve - a visual representation of the Laffer effect - in the economies of individual OECD countries with institutional pension schemes. To this end, Chrzonstowski uses a mathematical model he developed earlier. The model theoretically predicts the possibility of an effect associated with the Laffer curve in an economy with an institutional pension scheme. The research involved a three-stage analysis with the use of available statistical data on OECD countries and a World Bank database. In the first and second stages of the study, only 16 of 34 OECD economies examined by the author met the criteria of the model for 2001-2010. However, calculations based on the available statistics confirmed the model's predictions, Chrzonstowski says. The author concludes that the Laffer curve can rise to a maximum for any OECD economy. The maximum can range from 0 to 1, depending on the ratio of pensioners to the working population and on the output elasticity of capital in an economy.(original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
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ISSN
0867-0005
Language
pol
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