Issue: Số 10 - Tháng 5 - 2024Tài chính - Ngân hàng - Bảo hiểm
The impact of taxes on economic growth: evidence from ASEAN countries
Published: July 28, 2026
Abstract
This study examined the impact of taxes on economic growth in Southeast Asian countries (ASEAN) from 2003 to 2023. The study used the estimation methods of OLS, FEM, REM, and GLS to analyze panel data. The study’s empirical results showed that taxes have a positive impact on the economic growth of ASEAN countries, with a significance level of 5%. Besides, factors such as inflation and unemployment also have a significant impact on economic growth. Based on the study's findings, the study proposed some suggestions for the tax policies of ASEAN countries.
Keywords
taxeseconomic growthASEAN
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