| Description |
1 online resource (28 pages) : color illustrations |
| Series |
IMF working paper ; WP/16/142 |
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IMF working paper ; WP/16/142.
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| Contents |
Cover; Contents; I. Introduction; II. Data and Methodology; A. Data; B. Empirical Specification and Estimation; III. Main Results; IV. Further Analysis; V. Concluding Remarks; Appendix; References; Tables; 1. ODA Grants, Revenue Conditionality, and Total Tax Revenue; 3. ODA Grants and Revenue Conditionality on Tax Revenue by level of Income; 4. ODA Grants and Revenue Conditionality on Tax Revenue by level of ODA; 5. ODA Grants and IMF Revenue Conditionality on Total Tax Revenue by; Figures; 1. Average Tax Revenue and ODA Grants, 1993-2012; 2. IMF Technical Assistance (TA) in the Revenue Area |
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Appendix TablesA1. Summary statistics; A2. Result of Probit Regression to Generate Inverse Mills Ratio; A3. Intensity of Revenue Conditionality (OLS and system-GMM) |
| Summary |
This paper assesses whether conditionality in IMF-supported programs has helped offset the potential negative effect of foreign aid on tax revenues. The analysis--carried out on panel data covering 1993--2012 for 111 low- and middle-income countries--shows that growing use of revenue conditionality by low-income countries partially offsets the depressing effect of foreign grants on tax revenue, particularly on taxes on goods and services. The impact of conditionality is strong in countries where aid dependence is high and where institutions are strong, suggesting that revenue conditionality cannot substitute for weak institutions in mitigating the negative effect of aid on tax revenue collection |
| Notes |
"July 2016." |
|
At head of title: International Monetary Fund, Fiscal Affairs Department |
| Bibliography |
Includes bibliographical references (pages 26-28) |
| Notes |
Online resource; title from pdf title page (IMF.org Web site, viewed September 13, 2016) |
| Subject |
Economic assistance -- Developing countries
|
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Taxation -- Developing countries
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Economic assistance
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Taxation
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Developing countries
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| Form |
Electronic book
|
| Author |
Gupta, Sanjeev, author, (IMF staff)
|
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International Monetary Fund, publisher.
|
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International Monetary Fund. Fiscal Affairs Department, issuing body.
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| ISBN |
9781498379847 |
|
1498379842 |
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