The Marginal Cost of Public Funds in Africa

The authors use a computable general equilibrium model to estimate the marginal cost of public funds (MCF) for taxes on domestic goods, exports, imports, capital, and labor in 38 African countries. The resulting MCF estimates provide directions for tax reform in Africa. The authors investigate the MCFs of hypothetical taxes in the informal sector and the impact of administrative costs. Finally, they investigate the relationship between MCF dispersion and measures of tax system inefficiency.

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Bibliographic Details
Main Authors: Warlters, Michael, Auriol, Emmanuelle
Language:English
Published: World Bank, Washington, DC 2005-08
Subjects:ACCOUNTING, ADMINISTRATIVE COSTS, AVERAGE TAX RATES, BENCHMARK, BENEFIT ANALYSIS, BORROWING, CAPITAL TAXES, COLLECTION AGENCIES, CONSTANT RETURNS TO SCALE, CONSUMER SURPLUS, CONSUMERS, CORPORATE INCOME TAX, COST BENEFIT ANALYSIS, DATA RELIABILITY, DEMAND CURVE, ELASTICITIES, ELASTICITY, ELASTICITY OF DEMAND, ELASTICITY OF LABOR SUPPLY, ELASTICITY OF SUBSTITUTION, EQUILIBRIUM, EQUIVALENT VARIATION, EXCHANGE RATE, EXPENDITURES, EXPORTS, FOREIGN EXCHANGE, FORESTRY, GDP, GENERAL EQUILIBRIUM MODEL, GOVERNMENT SPENDING, IMPORT TARIFFS, IMPORTS, INCOME, INTERMEDIATE GOODS, LAFFER CURVE, LATIN AMERICAN, LEISURE, MARGINAL COST, MARGINAL COSTS, MARGINAL TAX RATES, MARGINAL UTILITY, MARKET PRICES, MARKET VALUE, NET EXPORTS, NEUTRAL TAX REFORM, PRODUCERS, PRODUCTION FUNCTIONS, PRODUCTION GOODS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PUBLIC EXPENDITURE, PUBLIC FUNDS, PUBLIC GOODS, PUBLIC INFRASTRUCTURE, PUBLIC INVESTMENT, PUBLIC POLICY, PUBLIC SECTOR, PUBLIC SPENDING, SALES TAXES, SOCIAL WELFARE, TAX, TAX ADMINISTRATION, TAX COLLECTION, TAX RATES, TAX REFORM, TAX REVENUE, TAX REVENUES, TAX SYSTEMS, TAXATION, TOTAL FACTOR PRODUCTIVITY, TOTAL FACTOR PRODUCTIVITY GROWTH, TOTAL REVENUE, TRADE BALANCE, UNDERESTIMATES, UTILITY FUNCTION, UTILITY FUNCTIONS, WELFARE FUNCTION,
Online Access:http://documents.worldbank.org/curated/en/2005/08/6200534/marginal-cost-public-funds-africa
https://hdl.handle.net/10986/8611
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