UID:
edoccha_9958124368402883
Format:
1 online resource (30 p.)
ISBN:
1-4755-6045-1
,
1-4843-5148-7
,
1-4755-4753-6
Series Statement:
IMF Working Papers
Content:
This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between resource revenues and total domestic (non resource) revenues, including for the major tax components. For each additional percentage point of GDP in resource revenues, there is a reduction in domestic (non resource) revenues of about 0.3 percentage points of GDP. We find this primarily occurs through reduced effort on taxes on goods and services—in particular, the VAT— followed by a smaller negative impact on corporate income and trade taxes.
Note:
Description based upon print version of record.
,
Cover; Abstract; Contents; I. Introduction; Figures; 1. World Bank's Efficiency of Revenue Mobilization Index, 2011; 2. Resource and non Resource Revenue, 1992-2009; 3. Pairwise Correlations between Resource and non Resource Revenue; II. Methodology and Data; A. Empirical Specification; B. Data; 4. Total Revenue and Resource Revenue (in percent of GDP); 5. Non Resource Tax Revenues (in percent of GDP); 6. VAT Design, 2012; 7. Corporate Income Tax Rates, 2012; III. Main Results; Tables; 1. Panel OLS Results with Fixed Country and Time Effects, Robust Errors; 2. System-GMM, Robust Errors
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IV. Further Analysis3. Only Hydrocarbon Producers; 4. Excluding countries with very high resource revenue dependence; 5. By level of domestic (non resource) tax revenue effort; 6. Revenue normalized with resource- and non resource GDP, respectively; V. Concluding Remarks; Appendix; Appendix I. Data; Appendix Tables; A1.1. Descriptive Statistics; A2.1. Including Squared Resource Revenue Variable; A2.2. Alternative Proxy for Resource Revenues; References
,
English
Additional Edition:
ISBN 1-4843-5117-7
Language:
English
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