The Resource Tax Revenue Implications of the Real Exchange Rate : Econometric Evidence from Korea and Mexico, Virginia Fierro and Helmut Reisen, (electronic book:)

Tax Revenue Implications of the Real Exchange Rate : Econometric Evidence from Korea and Mexico, Virginia Fierro and Helmut Reisen, (electronic book:)

Label
Tax Revenue Implications of the Real Exchange Rate : Econometric Evidence from Korea and Mexico
Title
Tax Revenue Implications of the Real Exchange Rate
Title remainder
Econometric Evidence from Korea and Mexico
Statement of responsibility
Virginia Fierro and Helmut Reisen
Creator
Contributor
Subject
Language
eng
Summary
The variety of channels through which devaluation of the exchange rate impacts on real tax receipts, calls for empirical clarification. This paper should be seen as a first attempt towards empirical evidence. It establishes the causal relationships between the real exchange rate and real tax receipts. A causality test rejects the hypothesis of unidirectional causality running from taxes to the exchange rate. The causal inferences from the Sims test allow to use the real exchange rate as an exogenous determinant in a simple simultaneous equation model. The model endogenises tax yields and tax bases to allow for a test of the significance and relevance of the exchange rate to explain variations in real tax receipts. An important insight results from the distinction of the direct (price) effect and indirect (output) effect of changes in the real exchange rate on tax receipts. A double-logarithmic version of the model with (seasonally adjusted) quarterly data is estimated for Korea and ..
Member of
Cataloging source
FR-PaOEC
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Fierro, Virginia
Government publication
international or intergovernmental publication
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Reisen, Helmut
Series statement
OECD Development Centre Working Papers,
Series volume
no.12
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  • Development
  • Korea, Republic of
  • Mexico
Label
Tax Revenue Implications of the Real Exchange Rate : Econometric Evidence from Korea and Mexico, Virginia Fierro and Helmut Reisen, (electronic book:)
Instantiates
Publication
Antecedent source
not applicable
Control code
171303142365
Dimensions
21 x 29.7cm.
Extent
31 p.
File format
multiple file formats
Form of item
online
Specific material designation
remote
System control number
(FR-PaOEC)
Label
Tax Revenue Implications of the Real Exchange Rate : Econometric Evidence from Korea and Mexico, Virginia Fierro and Helmut Reisen, (electronic book:)
Publication
Antecedent source
not applicable
Control code
171303142365
Dimensions
21 x 29.7cm.
Extent
31 p.
File format
multiple file formats
Form of item
online
Specific material designation
remote
System control number
(FR-PaOEC)

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