The main goal of this paper is to provide
an analysis of the relationships among selected indicators
of economic activity of regions (GDP, unemployment)
and regional tax revenues obtained from taxes imposed
on economic activity (VAT, income taxation) in the
Czech Republic, with a detailed analysis of VAT. Our
methodology is based on correlation analysis (both the
Pearson’s and the Spearman’s correlation coefficients)
using data from the official statistics of the Czech
Republic. The main idea of the paper is that regional tax
revenues should give us a picture of the economic activity
of companies, residents and entrepreneurs in these
regions. Based on the results, we can say that there is a
statistically significant positive relationship between
regional VAT revenues and the value of regional GDP,
and a statistically significant negative relationship between
regional income taxes revenues and regional
unemployment.Web of Science9112811
