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Research Article

Changes in the tax structure and their impact on economic growth in the Republic of Croatia based on the VAR model

ORCID Icon, ORCID Icon & ORCID Icon
Article: 2158114 | Received 12 May 2022, Accepted 08 Dec 2022, Published online: 09 Jan 2023

Figures & data

Figure 1. Tax structure in the period from 2004 (third quarter) to 2019 (first quarter).

Source: Ministry of Finance, authors’ calculation

Figure 1. Tax structure in the period from 2004 (third quarter) to 2019 (first quarter).Source: Ministry of Finance, authors’ calculation

Figure 2. Effects of individual tax forms on economic growth.

Source: Authors’ calculation

Figure 2. Effects of individual tax forms on economic growth.Source: Authors’ calculation

Figure 3. The effects of investment in human capital, investment, and population growth on economic growth.

Source: Authors’ calculation

Figure 3. The effects of investment in human capital, investment, and population growth on economic growth.Source: Authors’ calculation

Table 1. Long-term effects of certain tax forms on economic growth (cumulative after 20 quarters).

Table A1. Short-term and long-term effects of social security contributions on economic growth.

Table A2. Short-term and long-term effects of income tax on economic growth.

Table A3. Short-term and long-term effects of profit tax on economic growth.

Table A4. Short-term and long-term effects of value added tax on economic growth.

Table A5. Short-term and long-term effects of property tax on economic growth.

Table A6. Short-term and long-term effects of the total tax burden on economic growth.

Table A7. Short-term and long-term effects of education on economic growth.

Table A8. Short-term and long-term effects of investment on economic growth.