The Journal of Development Studies 50 issue 12

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.

Authors

Oliver Morrissey

Christian von Haldenwang

Christian von Haldenwang is a Senior Researcher with the German Institute of Development and Sustainability (IDOS). He works on taxation, decentralisation and urban governance, digitalisation, and legitimacy. Christian is a co-lead of the Tax Expenditures Lab and and co-founder of the Global Tax Expenditures Database (GTED).

Armin von Schiller

Maksym Ivanyna

Ingo Bordon

Download (PDF)
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.