Tax Collection in Developing Countries – New Evidence on Semi-Autonomous Revenue Agencies (SARAs)

摘要: Do semi-autonomous revenue agencies (SARAs) outperform conventional tax administrations? This paper argues that they do. Presenting the results of a panel analysis local collection in Peru between 1998 and 2011, it shows municipalities with SARAs collect more than those administrations. In line findings from previous research, effect is particularly strong first two years operation, but remains significantly positive subsequent years, after brief accommodation period. The also indicate generate stable revenue, meaning volatility less pronounced SARAs, which good for budget policy planning.