Assessment of the impact of compliance costs on the innovative development indicators

Ivanova M.V.1, Garmasar O.A.1
1 Санкт-Петербургский государственный экономический университет, Russia

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Journal paper

Creative Economy (РИНЦ, ВАК)
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Volume 12, Number 2 (February 2018)

Citation:

Ivanova, M. V., & Garmasar, O. A. (2018). Assessment of the impact of compliance costs on the innovative development indicators. Creative Economy, 12(2), 177-194. https://doi.org/10.18334/ce.12.2.38844

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=32596110
Cited: 1 by 06.02.2021

Abstract:
The paper systematizes theoretical provisions of the impact of compliance costs on the innovative development indicators and provides the assessment of this impact. The authors study the concept of compliance costs in the world literature; we define their role in ensuring the quality of state regulation. Using regressive and correlation analysis methods, the authors assess correlation between compliance costs in the field of tax payment and a number of indicators of innovative economic development. The authors also conduct correlation analysis of the interrelation between other components of the regulatory costs (in particular, the total tax burden) and innovation indicators in order to identify the contribution of elements to the overall effect. Analysis shows that there is no significant impact of compliance costs on studied indicators while revealing the appreciable impact of change in tax burden. We draw conclusion about the great importance of the financial component in the composition of regulatory costs in comparison with compliance costs.

Keywords: innovation, government regulation, innovative development, regulatory impact assessment, compliance costs

JEL-classification: O30, O38, H83, P43

Highlights:

  • 1. Два основных эффекта внедрения регулирующей нормы: негативный - возникновение нормативной нагрузки, и позитивный, стимулирующий.
  • 2. Комплаенс-расходы - расходы, которые несут субъекты, на которых направлено регулирование, чтобы соблюсти требования закона.
  • 3. Гипотеза: существует корреляция между величиной комплаенс-расходов по налоговому регулированию и показателями инновационного развития.
  • 4. Вывод исследования: отсутствует значимое влияние комплаенс-расходов на изучаемые показатели.
  • 5. Выявлено отрицательное воздействие совокупной налоговой нагрузки на инновационное развитие.
  • 6. Негативное воздействие нормативных издержек обеспечивает налоговая нагрузка, а не комплаенс-расходы, государство должно оценивать ее.

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