Tax Revenue Performance and Vulnerability in Developing Countries
研究了发展中国家税收收入对外部冲击的脆弱性，发现低收入国家、资源丰富国家和非民主政体更易受冲击影响，尤其是贸易条件恶化导致最大税收损失。
This paper addresses vulnerability of revenue to external shocks using export composition to capture economic structure and differentiating countries according to income levels, resource endowments and political regimes. This gives a richer characterisation than previous studies. Lower income countries are vulnerable to shocks, especially in terms of trade (associated with the greatest revenue loss): democratic regimes seem to be less vulnerable to revenue losses due to shocks than non-democracies whereas revenue in resource rich countries is more vulnerable to shocks (except natural disasters) than non-resource rich countries. We find a negative relationship between manufacturing exports and revenue in lower income countries.