Collection Lags, Fiscal Revenue and Inflationary Financing : Empirical Evidence and Analysis

Author/Editor:

Nurun N. Choudhry

Publication Date:

April 1, 1991

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance. The evidence indicates a wide variation in collection lags among the categories of revenues. The estimated erosion of real fiscal revenue, although varied in the sample countries, appears to have substantially offset gains from the inflation tax, thereby severely restricting the use of this form of taxation in generating resources.

Series:

Working Paper No. 91/41

Subject:

English

Publication Date:

April 1, 1991

ISBN/ISSN:

9781451976373/1018-5941

Stock No:

WPIEA0411991

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

22

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