Academic Scientific JournalsDemographic and Economic Characteristics of Population as Determinants of the Revenue From The Real Property Tax in the Slovak Republic
Keywords:
local government, local taxes, real property tax, panel dataAbstract
This paper examines how the demographic and economic structure of the municipalities´ population relates to the share of real property tax on local tax revenue in the Slovak republic. Shares of the productive population, unemployed population pupils, the population aged less than 14 years, and the population aged over 65 years in the total municipal population are involved in the regression analysis based on the panel data. The research covers 2,926 municipalities in the period 2005-2020. Estimation results show a positive relationship between the dependent variable and variables referring to the productive population, unemployed population, and population aged less than 14 years. A negative relationship is observed in the case of variables referring to pupils and the population aged over 65 years.
Downloads
References
Awasthi, R., Le, T. M., You, C.: Determinants of Property Tax Revenue: Lessons from Empirical Analysis. Policy Research Working Paper; No. 9399. World Bank, Washington, DC: World Bank, 2020.
Bahl, R.: Reaching the Hardest to Tax: Consequences and Possibilities, Contributions to Economic Analysis, nr 268, 2004. DOI: https://doi.org/10.1016/S0573-8555(04)68817-1.
Baltagi, B. H.: Econometric Analysis of Panel Data. 5th edition. New Jersey: John Wiley & Sons Ltd, 2013
Bird, R. M., Martinez-Vazquez, J., Torgler, B.: Tax effort in developing countries and high income countries: The impact of corruption, voice and accountability, Economic Analysis and Policy, nr 1 [38], 2008. DOI: https://doi.org/10.1016/S0313-5926(08)50006-3.
Boukbech, R., Bousselhamia, A., Ezzahid, E.: Determinants of tax revenues: Evidence from a sample of Lower Middle Income countries, Applied Economics and Finance, [6], 2018.
Castañeda Rodríguez, V. M.: Tax determinants revisited. An unbalanced data panel analysis, Journal of Applied Economics, nr 1 [21], 2018. DOI: https://doi.org/10.1080/15140326.2018.1526867.
Castro, G. Á., Ramírez Camarillo, D. B.: Determinants of tax revenue in OECD countries over the period 2001–2011, Contaduría y Administración, nr 3 [59], 2014. DOI: https://doi.org/10.1016/S0186-1042(14)71265-3.
Collier, P., Glaeser, E., Venables, T., Blake, M., Manwaring, P.: Land and property taxes for municipal finance. Cities that Work. London: International Growth Centre, 2018.
Foremny, D.: Sub-national deficits in European countries: The impact of fiscal rules and tax autonomy, European Journal of Political Economy, [67], 2014. DOI: https://doi.org/10.1016/j.ejpoleco.2014.01.003.
Geys, B., Revelli, F.: Economic and Political Foundations of Local Tax Structures: An Empirical Investigation of the Tax Mix of Flemish Municipalities, Environment and Planning C: Government and Policy, nr 3 [29], 2021. DOI: https://doi.org/10.1068/c10116r. 2011
Karagöz, K.: Determinants of tax revenue: does sectorial composition matter? Journal of Finance, Accounting and Management, nr 2 [2], 2013.
Kukalová, G., Pfeiferová, D., Kuchařová, I., Regnerová, Šturmová, D.: Coefficients of Real Estate Tax: Case Study of the Czech Republic (in:) Procceedings of International Scientific Conference Hradec Economic Days 2021, Hradec Králové: University of Hradec Králové, 2021. DOI: https://doi.org/10.36689/uhk/hed/2021-01-048.
Maličká, L.: Formálna dimenzia fiškálnej decentralizácie v kontexte vertikálnej fiškálnej nerovnováhy a finančnej autonómie miestnych samospráv Slovenskej republiky, Politická Ekonomie, nr 3 [67], 2019. DOI: https://doi.org/10.18267/j.polek.1240.
Maličká, L.: Financial Autonomy of Local Governments in the Slovak Republic? A Panel Data Investigation, Journal of Economics, nr 7 [69], 2021. DOI: https://doi.org/10.31577/ekoncas.2021.07.01.
Maličká, L., Harčariková, M., Gazda, V.: Determinants of Local Tax Revenues in EU Countries, European Journal of Economics Finance and Administrative Sciences, nr 52, 2012
Minh Ha, N., Tan Minh, P., Binh, Q. M. Q.: Determinants of tax revenue: A study of Southeast Asia, Cogent Economics & Finance, nr 1 [10], 2022. DOI: https://doi.org/10.1080/23322039.2022.2026660.
Oates, W.E.: Fiscal federalism. New York: Harcourt Brace Jovanovic, 1972.
Piancastelli, M., Thirwall, A. P.: The Determinants of Tax Revenue and Tax Effort in Developed and Developing Countries: Theory and New Evidence 1996-2015, Nova Economia, nr 3 [30], 2020. DOI: https://doi.org/10.1590/0103-6351/5788.
Románová, A., Radvan, M., Schweigl, J.: Constitutional Aspects of Local Taxes in the Slovak Republic and in the Czech Republic, Lex Localis - Journal of Local Self-Government, nr 3 [17], 2019. DOI: https://doi.org/10.4335/17.3.591-616(2019).
Sedmihradská, L., Bakoš, E.: Municipal Tax Autonomy and Tax Mimicking in Czech Municipalities, Lex Localis - Journal of Local Self-Government, nr 1 [14], 2016. DOI: https://doi.org/10.4335/14.1.75-92(2016).
Stegarescu, D.: Public sector decentralisation: Measurement concepts and recent international trends, Fiscal studies, nr 26, 2005. DOI: https://doi.org/10.1111/j.1475-5890.2005.00014.x.
Vartašová, A., Červená, K.: Real Property Tax in the Countries of Visegrad Group – Comparative View, Studia Iuridica lublinensia, nr 1 [31], 2022. DOI: https://doi.org/10.17951/sil.2022.31.1.191-211.
Yaru, M.: Determinants of Tax Collection by Local Governments: Empirical Evidence From Kwara State, Journal of Taxation and Economic Development, Chartered Institute of Taxation of Nigeria, nr 2 [19], 2020.
Zhu, L., Pardo, S.: Understanding the Impact of Property Taxes Is Critical for Effective Local Policymaking, Washington, DC: Urban Institute, 2021. Available at: https://www.urban.org/urban-wire/understanding-impact-property-taxes-critical-effective-local-policymaking, accessed: 4th June 2022.
Other official documents
MF SR, 2021. Revenues and Expenditures of Municipalities in the Slovak Republic according to Economic Classification. Bratislava: Ministry of Finance of the Slovak Republic.
SO SR, 2022. DataCube. Bratislava: Statistical Office of the Slovak Republic. Available at: http://datacube.statistics.sk, accessed: 4th June 2022.
Downloads
Published
How to Cite
Issue
Section
License
Financial Law Review is an open access journal which means that all the articles published are freely available without charge to the reader or his/her institution.
The articles published in Financial Law Review are available under a licence Attribution-NonCommercial-NoDerivs 3.0 Unported (CC BY-NC-ND 3.0)
The Author furnishes a non-exclusive and free-of-charge license to use the his Work without territorial limitations and for an unlimited period.
Archiving policy
All texts from the journal Financial Law Review are published in electronic version. We strive to archive texts in various databases. Archival issues are also available on the platform of the Academic Scientific Journals: https://czasopisma.bg.ug.edu.pl/index.php/flr/index
Moreover articles published in the journal are archived at the Repository of the University of Gdansk.
