Monetary Policy and Governance, Commodity Price Volatility and Tax Revenues in SubSaharan Afric

Simple item page
AuteurBASSONGUI, NASSIBOU
Date d'ajout2026-06-02T16:06:57Z
Date de disponibilite2026-06-02T16:06:57Z
Date de publication2023
ResumeThis paper investigates the mitigating role of monetary policy and governance in the tax revenue effects of commodity price volatility (CPV) in sub-Saharan Africa. We propose a dynamic panel threshold regression to take into account both the nonlinearity in the relationship between tax revenues and CPV and the endogeneity issues. The estimations show that CPV hurt tax revenues only in the high regime of CPV. Thus, a one-standarddeviation increase in CPV significantly reduces sub-Saharan Africa tax revenues. We also show that low-interest rate, better credits to the economy, and better control of corruption mitigate the detrimental effects of CPV. Sub-Saharan African policymakers should promote accommodative monetary policies, nonconventional monetary policies, and good political governance to tackle the detrimental effects of CPV.
DOI10.1108/JES-03-2022-0154
Autre identifiantBECDB-15467
URIhttps://dspace.uac.bj/handle/123456789/13121
Languefr
Fait partie dePublic Finance Review
Sujetcommodity price volatility
Sujettax revenues
Sujetmonetary policy
Sujetgovernance
TitreMonetary Policy and Governance, Commodity Price Volatility and Tax Revenues in SubSaharan Afric
TypeArticle

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
3da8fed4aabd1f8fc08a8b8a10bc13fa.pdf
Size:
278.36 KB
Format:
Adobe Portable Document Format
Download

Collections

Articles