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Does conditionality in IMF supported programs promote revenue reform Book PDF Summary

This paper studies whether revenue conditionality in Fund-supported programs had any impact on the revenue performance of 126 low- and middle-income countries during 1993-2013. The results indicate that such conditionality had a positive impact on tax revenue, with strongest improvement felt on taxes on goods and services, including the VAT. Revenue conditionality matters more for low-income countries, particularly those where revenue ratios are below the group average. Moreover, revenue conditionality appears to be more effective when targeted to a specific tax. These results hold after controlling for potential endogeneity, sample selection bias, and when revenues are adjusted for economic cycle.

Detail Book of Does conditionality in IMF supported programs promote revenue reform PDF

Does conditionality in IMF supported programs promote revenue reform
  • Author : Ernesto Crivelli
  • Release : 19 November 2014
  • Publisher : International Monetary Fund
  • ISBN : 9781475544596
  • Genre : Business & Economics
  • Total Page : 32 pages
  • Language : English
  • PDF File Size : 8,7 Mb

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