An instrumental variables approach to estimating tax revenue elasticities: Evidence from Sub-Saharan Africa

• 成果类型: Article
• 署名作者: Brueckner, Markus
• 署名单位: University of Adelaide
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2011.07.006
• 发表日期: 2012
• 页码: 220-227
• 关键词: Tax revenues; GROWTH; instrumental variables

摘要

This paper exploits the significant response of real GDP growth of Sub-Saharan African countries to exogenous international commodity price and rainfall shocks to construct instrumental variables estimates of the tax revenue elasticity IV estimates yield that a 1% increase in GDP increases tax revenues by up to 2.5%. (C) 2011 Elsevier B.V. All rights reserved.