治理和税收:外国援助是否重要?

Governance and tax revenue:does foreign aid matter?

本文旨在探究治理、外国援助和税收之间的关系。一般认为,治理是一个多面性因素,可能受到外国援助等其他因素的影响。外国援助会阻碍治理状况,从而减少税收。为了检验上述理论假设,本研究收集了一些亚洲经济体2001—2019年的数据,并采用面板FMOLS(完全修正的最小二乘法)检验来估计回归状况。实证结果起初显示治理和外国援助在长期内都与税收成正相关。然而,在外国援助和治理的相互作用下,税收出现了负相关趋势。外国援助恶化了治理状况,对税收产生了负面的溢出效应。实证分析表明,公共政策官员应该专注于治理并判断外国援助的有效性,以达到增加税收的目标。

This study seeks to explores the relationship among governance,foreign aid,and tax revenue.A common notion on governance is that it is a multifaceted factor,it may affect from other factor that is foreign aid.Foreign aid can hamper the governance situation and thus can reduce tax collection.To test these theoretical assumptions,we collected the numerical data from Asian economies for the years 2001-2019 and employed the panel FMOLS(fully modified ordinary least square)test to estimate the regression.The empirical findings first reveal that governance and foreign aid have a positive association with tax revenue in the long run.However,a negative trend in tax collection was observed following the interaction of foreign aid and governance.Foreign aid deteriorates the governance situation,which has a negative spillover impact on tax revenue.Our empirical analysis suggests that policy officials should focus on exercising governance and foreign aid effectiveness to meet the objective of more tax collection.