The Fiscal Cost of Conflict Evidence from Afghanistan 2005 2016 is popular PDF and ePub book, written by Philip Barrett in 2018-09-11, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Fiscal Cost of Conflict Evidence from Afghanistan 2005 2016 can be Read Online from any device for your convenience.
The Fiscal Cost of Conflict Evidence from Afghanistan 2005 2016 Book PDF Summary
I use a monthly panel of provincially-collected central government revenues and conflict fatalities to estimate government revenues lost due to conflict in Afghanistan since 2005. I identify causal effects by instrumenting for conflict using pre-sample ethno-linguistic share. Headline estimates are very large, implying total revenue losses since 2005 of $3bn, and future revenue gains from peace of about 6 percent of GDP per year. Reduced collection efficiency, rather than lower economic activity, appears to be the key channel. OLS estimates understate the causal effect by a factor of four. Comparing to estimates from Powell’s (2017) generalized synthetic control method suggests that this bias results from omitted variables and measurement error in equal share. The findings underscore the considerable economic loss due to conflict, and the importance of careful identification in measuring this loss.
Detail Book of The Fiscal Cost of Conflict Evidence from Afghanistan 2005 2016 PDF
- Author : Philip Barrett
- Release : 11 September 2018
- Publisher : International Monetary Fund
- ISBN : 9781484374931
- Genre : Business & Economics
- Total Page : 79 pages
- Language : English
- PDF File Size : 10,7 Mb
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