Arbeitspapier

Effect of exchange rate volatility on tax revenue performance in sub-Saharan Africa

Efforts to spur growth in sub-Sahara Africa have been intensified amid structural and institutional constraints. Tax revenue, the chief source of funding for developmental purposes in SSA remains low and unstable. In fact, the SSA sub-region finds it difficult generating tax revenue up to 20 per cent of GDP. One factor that has not caught the attention of policymakers in terms of its impact on tax revenue performance is exchange rate volatility. Using macrodata spanning 1984 to 2017 for 21 countries, we provide empirical evidence from a panel autoregressive distributed lag technique to show that exchange rate volatility is directly harmful to tax revenue performance, and indirectly through trade openness.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/21/031

Klassifikation
Wirtschaft
Environmental Economics: Technological Innovation
Thema
Cointegration
Exchange Rate Volatility
GARCH
Sub-Sahara Africa
Tax Revenue

Ereignis
Geistige Schöpfung
(wer)
Ofori, Isaac Kwesi
Obeng, Camara Kwasi
Mwinlaaru, Peter Y.
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ofori, Isaac Kwesi
  • Obeng, Camara Kwasi
  • Mwinlaaru, Peter Y.
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2021

Ähnliche Objekte (12)