The Tax Models in Japan and Korea: Concepts and Evidence from a Comparative Perspective
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Published:2022-08-11
Issue:3
Volume:22
Page:359-389
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ISSN:1598-2408
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Container-title:Journal of East Asian Studies
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language:en
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Short-container-title:J. East Asian Stud.
Abstract
AbstractExisting studies have relied on the notion of developmentalism to explain key aspects of the tax policies in Japan and Korea. However, limited efforts have been made to explore these cases from a comparative perspective based on relevant evidence. Far fewer studies have been conducted for examining the contemporary evolution of the tax policies following major reforms since the 1990s. This article seeks to fill these gaps in the research. Employing an analytic framework of tax structure, it provides key definitions of the old and new tax models in Japan and Korea in a way that is comparable with other OECD cases. “Residualism” and “constrained activism,” two heuristic models drawn from low-tax OECD countries, provide useful references for this comparative task. To validate key assessments, the author utilizes and replicates extensive tax data that operationalize important aspects of the tax structure from the 1980s to 2018.
Funder
The Laboratory Program for Korean Studies through the Ministry of Education of the Republic of Korea and the Korean Studies Promotion Service of the Academy of Korean Studies
Publisher
Cambridge University Press (CUP)
Subject
Political Science and International Relations,Economics and Econometrics,Sociology and Political Science,Development