MEASURING TAX EFFORT FOR A SMALL OPEN ECONOMY: THE CASE OF BARBADOS

Author(s): THOMAS, CHRYSTOL; MAYNARD, TRACY; (2010)

Created 26 Jul, 2010
Categories Working Papers
Views: 2099
Print
Share
This paper attempts to calculate the tax effort for a small emerging economy during the period 1987 to 2009. The study adopts an econometric technique that gives more ‘unbiased’ results in measuring tax effort. Evidence from Kim (2007) found that the Kalman filter estimator is more accurate than other methods employed in the past. The results from this study are useful as it provides an indication of how a country is doing in terms of tax collection relative to what could be reasonably expected given its economic potential.

Measuring Tax Effort for a Small Open Economy The Case of Barbados.pdf (0 Bytes)
Copyright 2020 by Central Bank of Barbados