An analysis of duration dependence of government revenue expansions and contractions in Developing Countries
AbstractIn this paper, we employ the discrete-time duration model to examine whether expansion and contraction phases of government revenue exhibit duration dependence. We hence use an unbalanced panel data of public revenue on 68 developing countries over the period 1980-2009. The analysis also covers the sub-samples of sub-Saharan African and Non sub-Saharan African countries. Our findings suggest that once controlling for frailty and economic variables, the likelihood of public revenue expansion and contraction ending appears to be positively affected by their actual age: government revenue expansion and contraction exhibit in developing countries positive duration dependence.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by HAL in its series Working Papers with number halshs-00722083.
Date of creation: 31 Jul 2012
Date of revision:
Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00722083
Contact details of provider:
Web page: http://hal.archives-ouvertes.fr/
Government Revenue; Discrete-time model; Duration dependence;
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Canova, Fabio, 1998. "Detrending and business cycle facts: A user's guide," Journal of Monetary Economics, Elsevier, vol. 41(3), pages 533-540, May.
- Paul Cashin & C John McDermott & Alasdair Scott, 1999.
"Booms and slumps in world commodity prices,"
Reserve Bank of New Zealand Discussion Paper Series
G99/8, Reserve Bank of New Zealand.
- Canova, Fabio, 1998.
"Detrending and business cycle facts,"
Journal of Monetary Economics,
Elsevier, vol. 41(3), pages 475-512, May.
- Adam, Christopher S. & Bevan, David L. & Chambas, Gerard, 2001.
"Exchange rate regimes and revenue performance in Sub-Saharan Africa,"
Journal of Development Economics,
Elsevier, vol. 64(1), pages 173-213, February.
- Christopher Adam & David Bevan, 2000. "Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa," Economics Series Working Papers 9, University of Oxford, Department of Economics.
- C S Adam, D L Bevan and G Chambas, . "Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa," QEH Working Papers qehwps35, Queen Elizabeth House, University of Oxford.
- Michael Massmann & James Mitchell & Martin Weale, 2003. "Business Cycles and Turning Points: A Survey of Statistical Techniques," National Institute Economic Review, National Institute of Economic and Social Research, vol. 183(1), pages 90-106, January.
- Don Harding & Adrian Pagan, 2000.
"Disecting the Cycle: A Methodological Investigation,"
Econometric Society World Congress 2000 Contributed Papers
1164, Econometric Society.
- Harding, Don & Pagan, Adrian, 2002. "Dissecting the cycle: a methodological investigation," Journal of Monetary Economics, Elsevier, vol. 49(2), pages 365-381, March.
- King, Robert G. & Plosser, Charles I., 1994.
"Real business cycles and the test of the Adelmans,"
Journal of Monetary Economics,
Elsevier, vol. 33(2), pages 405-438, April.
- King, R.G. & Plosser, C.I., 1989. "Real Business Cycles And The Test Of The Adelmans," RCER Working Papers 204, University of Rochester - Center for Economic Research (RCER).
- Robert G. King & Charles I. Plosser, 1989. "Real Business Cycles and the Test of the Adelmans," NBER Working Papers 3160, National Bureau of Economic Research, Inc.
- Hess, Wolfgang & Persson, Maria, 2010.
"Exploring the Duration of EU Imports,"
2010:4, Lund University, Department of Economics.
- Wolfgang Hess & Maria Persson, 2011. "Exploring the duration of EU imports," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 147(4), pages 665-692, November.
- Eirini Andriopoulou & Panagiotis Tsakloglou, .
"The determinants of poverty transitions in Europe and the role of duration dependence,"
DEOS Working Papers
1120, Athens University of Economics and Business.
- Eirini Andriopoulou & Panagiotis Tsakloglou, . "The determinants of poverty transitions in Europe and the role of duration dependence," DEOS Working Papers 1119, Athens University of Economics and Business.
- Andriopoulou, Eirini & Tsakloglou, Panos, 2011. "The Determinants of Poverty Transitions in Europe and the Role of Duration Dependence," IZA Discussion Papers 5692, Institute for the Study of Labor (IZA).
- Andriopoulou, Eirini & Tsakloglou, Panagiotis, 2011. "The determinants of poverty transitions in Europe and the role of duration dependence," MPRA Paper 30659, University Library of Munich, Germany.
- Eirini Andriopoulou & Panagiotis Tsakloglou, . "The determinants of poverty transitions in Europe and the role of duration dependence," DEOS Working Papers 1121, Athens University of Economics and Business.
- Wolfgang Hess & Maria Persson, 2012. "The duration of trade revisited," Empirical Economics, Springer, vol. 43(3), pages 1083-1107, December.
- Heckman, James J. & Singer, Burton, 1984. "Econometric duration analysis," Journal of Econometrics, Elsevier, vol. 24(1-2), pages 63-132.
- Heckman, James & Singer, Burton, 1984. "A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data," Econometrica, Econometric Society, vol. 52(2), pages 271-320, March.
- Jonathan Ohn & Larry W. Taylor & Adrian Pagan, 2004. "Testing for duration dependence in economic cycles," Econometrics Journal, Royal Economic Society, vol. 7(2), pages 528-549, December.
- Arthur F. Burns & Wesley C. Mitchell, 1946. "Measuring Business Cycles," NBER Books, National Bureau of Economic Research, Inc, number burn46-1.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD).
If references are entirely missing, you can add them using this form.