It takes the average reader and 25 minutes to read Tax Revenue Downturns by Pablo Lopez Murphy
Assuming a reading speed of 250 words per minute. Learn more
We study historical tax revenue downturn episodes—where tax revenue-to-GDP ratios decline sharply—and explore the link between tax revenues and imports. We document that downturn episodes of at least 1 percentage point of GDP in one year are common. The tax types that account for these episodes are different in advanced, emerging and developing, and oil producing countries. We find that tax revenue downturns and import contractions have a statistically significant link. Finally, we show that changes in imports are a statistically significant determinant of changes in tax revenues even when controlling for changes in the output gap and in the terms of trade.
Tax Revenue Downturns by Pablo Lopez Murphy is 25 pages long, and a total of 6,375 words.
This makes it 8% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Tax Revenue Downturns aloud.
Tax Revenue Downturns is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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