Tax Elasticity Analysis in Romania: 2001 – 2012

This paper contains an analysis of tax revenues sensitivity to changes in gross domestic product in Romania during 2001 - 2012, detailed by types of taxes. Static or dynamic analysis of tax elasticity in Romania is irrelevant without approaches of international comparison, namely at European level. It is relevant to compare the degree of fiscal flexibility in Romania with the average of the 27 European Union member states. Regarding Romania's position in Europe we noticed that elasticity of tax revenues is lower than the EU-27 average and the highest tax elasticity is recorded for consumption taxes.