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The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic growth in Ghana using annual time series data spanning from 1970 to 2014. The study employed the fiscal reaction function suggested by Bohn (1998) to test for the sustainability of...
Persistent link: https://www.econbiz.de/10013348432
the distortionary effect of taxation required to service the debt. Reducing debt in an economic upturn, when private …
Persistent link: https://www.econbiz.de/10013183871
This paper develops a framework to assess the growth and distribution effects of fiscal resources. Resources are classified as debt, other capital receipts, foreign aid and other unilateral grants, non-tax revenue, including resource rents, seigniorage, and taxes. The framework is used to assess...
Persistent link: https://www.econbiz.de/10010463620
economic growth and development through taxation. In the literature, the debate on how effective taxes are as a tool for … on economic growth. This article investigates the effect of taxation on economic growth in Tanzania using the recently …
Persistent link: https://www.econbiz.de/10012435452
In the tax literature, the tax effort index for any country is usually measured by the ratio of the actual tax ratio to the predicted ratio. This reflects mainly the variance in the taxable capacity of a country. A high value of tax effort index indicates that a particular country is collecting...
Persistent link: https://www.econbiz.de/10012017729
In the tax literature, the tax effort index for any country is usually measured by the ratio of the actual tax ratio to the predicted ratio. This reflects mainly the variance in the taxable capacity of a country. A high value of tax effort index indicates that a particular country is collecting...
Persistent link: https://www.econbiz.de/10011772683
In the tax literature, the tax effort index for any country is usually measured by the ratio of the actual tax ratio to the predicted ratio. This reflects mainly the variance in the taxable capacity of a country. A high value of tax effort index indicates that a particular country is collecting...
Persistent link: https://www.econbiz.de/10014125396
projections of the future development. Then the role of taxation is discussed in detail before recommendations for the development … cooperation are presented. Obviously taxation plays a key role for the democratization process in fragile states. -- fragile state … ; state theory ; stable states ; fragility index ; taxation ; shadow economy ; tax administration ; development cooperation …
Persistent link: https://www.econbiz.de/10008698131
counterpoint to theories about the role of taxation in war-making and state building. …
Persistent link: https://www.econbiz.de/10011573391
In this paper we use the new Government Revenue Dataset to analyse fiscal decentralization. We find that developed countries are on average more decentralized than developing countries and that Asia, Europe and North America are among the most fiscally decentralized regions. In our econometric...
Persistent link: https://www.econbiz.de/10011582864