Description |
1 online resource (23 pages) : illustrations |
Series |
IMF working paper, 2227-8885 ; WP/02/236 |
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IMF working paper ; WP/02/236.
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Summary |
Year-ahead forecasts of tax revenues incorporated into IMF programs for low-income countries, from 1993 to 1999, are compared with the corresponding outturns. The accuracy of these forecasts was low, with a mean absolute percentage error of 16 percent. Forecasts of tax revenues as a percentage of GDP were biased upwards, but there was no significant bias in forecasts of nominal tax revenues. Upward bias in the tax revenue forecasts was associated with subsequent interruptions to the program, and the length of time between the commencement of the program and the beginning of the year for which the forecast was made |
Notes |
Cover title |
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"December 2002"--Page 1 |
Bibliography |
Includes bibliographical references (pages 22-23) |
Notes |
At head of title: Fiscal Affairs Department |
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Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
International Monetary Fund.
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SUBJECT |
International Monetary Fund fast |
Subject |
Tax revenue estimating -- Developing countries
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Taxation -- Developing countries
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Fiscal policy -- Developing countries
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Gross domestic product -- Developing countries -- Forecasting
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Fiscal policy
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Tax revenue estimating
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Taxation
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Developing countries
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Form |
Electronic book
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Author |
King, J. R. (John Rawnsley), 1944-
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International Monetary Fund. Fiscal Affairs Department.
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ISBN |
1283556731 |
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9781283556736 |
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9781451920291 |
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1451920296 |
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1462392032 |
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9781462392032 |
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1452706646 |
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9781452706641 |
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9786613869180 |
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661386918X |
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