Impulse response function analysis of the impacts of land value-added tax policy on government performance |
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| Authors: | Day-Yang Liu Hsin-Hsin Yao Wen-Min Lu Cheng-Hsien Lin |
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| Institution: | 1. Graduate Institute of Finance, National Taiwan University of Science and Technology, Taipei, Taiwan;2. Department of International Business Administration, Chinese Culture University, Taipei, Taiwan;3. College of Management, National Defense University, Taipei, Taiwan |
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| Abstract: | In this study, an epsilon-based network data envelopment analysis is employed to construct assessment mechanisms for government performance. Moreover, performance indicators of two dimensions of tax collection efficiency and financial effectiveness are measured. We propose a vector autoregression model in which all economic variables are regarded as dependent variables to address the disadvantages of traditional regression model. The conclusions are as follows: (a) measures of tax collection efficiency deteriorated, whereas those of financial effectiveness improved. (b) In an impulse response analysis of the model, an increase in government-published land values produced significantly increased tax collection efficiency. |
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