An analysis of duration dependence of government revenue expansions and contractions in Developing Countries
In 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.
|Date of creation:||2012|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (33-4) 73 17 74 00
Fax: (33-4) 73 17 74 28
Web page: http://cerdi.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cdi:wpaper:1377. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vincent Mazenod)
If references are entirely missing, you can add them using this form.