Tax revenue collection is essential to the state’s ability to address market failures, provide goods and services such as health and education, invest in infrastructure, stabilize the economy in response to shocks, and maintain sustainable debt dynamics. Using a regression discontinuity design, this paper demonstrates that there is a tax threshold around 15 percent of gross domestic product where future inclusive growth improves significantly. This...
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2024/10/04
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Policy Research Working Paper
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WPS10943
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1
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2024/10/04
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Disclosed
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Taxing for Growth : Revisiting the 15 Percent Threshold
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Citation
Rishabh Choudhary; Franz Ulrich Ruch; Emilia Skrok.
Taxing for Growth : Revisiting the 15 Percent Threshold (English). Policy Research working paper;PROSPERITY Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099148510042470680