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Growth and Volatility of Tax Revenues in Latin America
Fricke, Hans - 2011
Against the background of a notoriously high macroeconomic instability and the need to raise tax revenues to meet the demands of public spending, this paper analyzes the tradeoff between growth and volatility of tax revenues in Latin America. We use a two-step Engle-Granger-type model to...
Persistent link: https://www.econbiz.de/10013130748
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Tax Policy and Economic Growth : Does It Really Matter?
Baiardi, Donatella - 2017
We challenge the “OECD view” (Arnold et al. 2011) according to which a shift from direct to indirect taxation is associated with higher long-run economic growth. We study the relationships between per capita GDP, overall tax revenue and tax composition (in particular direct vs. indirect...
Persistent link: https://www.econbiz.de/10012961071
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Economic Growth in Africa : Comparing Recent Improvements with the 'Lost 1980s and Early 1990s' and Estimating New Growth Trends
Leibfritz, Willi - 2013
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa's average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …
Persistent link: https://www.econbiz.de/10013082614
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Energy Consumption and Economic Growth Revisited in African Countries
Eggoh, Jude Comlanvi - 2014
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10013067360
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A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth
Funke, Michael - 2009
with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …
Persistent link: https://www.econbiz.de/10013158311
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Elite Education, Mass Education, and the Transition to Modern Growth
Strulik, Holger - 2015
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
Persistent link: https://www.econbiz.de/10013009852
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Energy Use and Economic Growth in Africa : A Panel Granger-Causality Investigation
Arouri, Mohamed El Hedi - 2014
African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa … may work for all countries in Africa …
Persistent link: https://www.econbiz.de/10013051383
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Why is China Investing in Africa? Evidence from the Firm Level
Chen, Wenjie - 2016
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … registered Chinese firms investing in Africa between 1998 and 2012. We use key words in project descriptions to code the …
Persistent link: https://www.econbiz.de/10012987345
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Tax Policy and Employment : How Does the Swedish System Fare?
Pirttila, Jukka - 2011
This paper reviews the literature on optimal taxation of labour income and the empirical work on labour supply and the elasticity of taxable income in Sweden. It also presents an overview of Swedish taxation of labour income, offers calculations on the development in effective marginal tax rates...
Persistent link: https://www.econbiz.de/10013129860
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Voting When the Stakes are High
Andersen, Jørgen Juel - 2010
Rational choice theories of electoral participation stress that an individual's decision to vote depends on her expected net benefit from doing so. If this instrumental motive is relevant, then turnout should be higher in elections where more is at stake. We test this prediction, by studying how...
Persistent link: https://www.econbiz.de/10013138026