Non-Linear Response of Fiscal Policy to the Business Cycle: Empirical Evidence in Sub-Saharan Africa

Idrys Fransmel Okombi ()
Additional contact information
Idrys Fransmel Okombi: Marien Ngouabi University

Economics Bulletin, 2021, vol. 41, issue 3, 1097-1112

Abstract: This article examines the cyclicality of tax policy on a sample of 12 Sub-Saharan African countries for the period 2004-2018. Based on the threshold effect model (PTR), the results show that there are thresholds for mining rent, credit, public debt and corruption, which condition the passage from the pro-cyclical fiscal reaction to the counter-cyclical fiscal reaction in sub-Saharan Africa.

Keywords: Fiscal Policy; Business Cycle; Africa. (search for similar items in EconPapers)
JEL-codes: E3 E6 (search for similar items in EconPapers)
Date: 2021-07-18
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2021/Volume41/EB-21-V41-I3-P93.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-20-00940

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().