English, Article, Journal or magazine article edition: Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa Christopher Adam; David Bevan; G. Chambas

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Bookmark: http://trove.nla.gov.au/version/20557
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Exchange Rate Regimes and Revenue Performance in Sub-Saharan Africa
Author
  • Christopher Adam
  • David Bevan
  • G. Chambas
Physical Description
  • preprint
Notes
  • It has been argued that the institutions of the CFA Franc zone may have reduced inflation but that they also induced misalignment of the real exchange rate and that this is the explanation for their dismal revenue performance. This paper uses a panel of 22 countries in sub-Saharan Africa to estimate revenue performance over the period from 1980 to 1996. It finds that the poor cumulative relative revenue performance of the franc zone countries is mainly attributable to differences in environmental and structural factors, and that different responses to changes in the equilibrium real exchange rate, but that the misalignment of the real exchange rate also played a part.
  • revenue productivity, exchange rate regimes, Africa, panel data
  • RePEc:oxf:wpaper:009
Language
  • English
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