Papua New Guinea: Selected Issues and Statistical Appendix

March 21, 2007

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Papua New Guinea: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2007) accessed September 19, 2024

Summary

This paper examines and tests the existence of political budget cycles in Papua New Guinea during the period 1988–2004. Several factors point to the existence of political budget cycles in Papua New Guinea. The paper provides an overview of the political business cycle literature, and Papua New Guinea’s political structure and processes. It also describes the data set and the empirical methods used to test for the presence of election-influenced spending, and presents the results of a time-series analysis.

Subject: Corporate income tax, Economic sectors, Expenditure, Income and capital gains taxes, Mining sector, Tariffs, Taxes

Keywords: Corporate income tax, CR, Development expenditure, Election, Election period, Election-year extravagance, Excise rate, Excise tax, Global, Import tariff arrangement, Income and capital gains taxes, ISCR, Mining sector, Rate, Tariff rate, Tariff reform program, Tariffs, Tax rate

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/112
Stock No:

1PNGEA2007002
ISBN:

9781451831733
ISSN:

1934-7685

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