The Marginal Cost of Public Funds in Africa

Warlters, Michael; Auriol, Emmanuelle

The Marginal Cost of Public Funds in Africa

2005

Warlters, Michael | Auriol, Emmanuelle

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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AGROVOC Keywords

accounting consumers cost benefit analysis elasticities elasticity elasticity of demand equilibrium exchange rate exports forestry imports income marginal costs marginal utility market prices production functions productivity public expenditure public goods public investment public sector social welfare taxation

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Publisher

World Bank, Washington, DC

Other Subjects

Producers; Import tariffs; Public spending; Trade balance; Public policy; Tax revenues; Tax reform; Marginal tax rates; Gdp; Leisure; Net exports; Demand curve; Average tax rates; Benchmark; Total factor productivity growth; Data reliability; Total factor productivity; Tax administration; Expenditures; Total revenue; Borrowing; Production goods; Laffer curve; General equilibrium model; Welfare function; Elasticity of labor supply; Collection agencies; Utility functions; Public infrastructure; Consumer surplus; Administrative costs; Tax revenue; Market value; Underestimates; Foreign exchange; Benefit analysis; Tax collection; Sales taxes; Public funds; Tax rates; Productivity growth; Intermediate goods; Equivalent variation; Corporate income tax; Constant returns to scale; Government spending; Capital taxes; Marginal cost; Latin american; Elasticity of substitution; Neutral tax reform; Tax; Tax systems; Utility function

License

Policy Research Working Paper; No. 3679http://creativecommons.org/licenses/by/3.0/World BankCC BY 3.0 Unported

Source

Policy Research Working Paper; No. 3679

In AGRIS since: 2014-09-15

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http://hdl.handle.net/10986/8611

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The Marginal Cost of Public Funds in Africa

2005

AGROVOC Keywords

Bibliographic information