Publication:
A Firm's-Eye View of Commercial Policy and Fiscal Reforms in Cameroon

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creativeworkseries.issn1564-698X
dc.contributor.authorGauthier, Bernard
dc.contributor.authorSoloaga, Isidro
dc.contributor.authorTybout, James
dc.date.accessioned2014-03-04T19:44:50Z
dc.date.available2014-03-04T19:44:50Z
dc.date.issued2002-09
dc.description.abstractAfter decades of high trade restrictions, fiscal distortions, and currency overvaluation, Cameroon implemented important commercial and fiscal policy reforms in 1994. Almost simultaneously, a major devaluation cut the international price of Cameroon's currency in half. This article examines the effects of those reforms on the incentive structure faced by manufacturing firms. Did the reforms create a coherent new set of signals? Did they reduce dispersion in tax burdens? Was the net effect to stimulate the production of tradable goods? The results of applying a cost function decomposition to detailed firm-level panel data suggest that the reforms created clear new signals for manufacturers, as effective protection rates fell by 80 to 120 percentage points. In contrast, neither the tax reforms nor the devaluation had a major systematic effect on profit margins. The devaluation did shift relative prices dramatically in favor of exportable goods, causing exporters to grow relatively rapidly.en
dc.identifierhttp://documents.worldbank.org/curated/en/2002/09/17742200/firms-eye-view-commercial-policy-fiscal-reforms-cameroon
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/17207
dc.identifier.urihttps://hdl.handle.net/10986/17207
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectADDED TAX
dc.subjectADDED TAXES
dc.subjectADVERTISING
dc.subjectARBITRAGE
dc.subjectARREARS
dc.subjectAVERAGE COSTS
dc.subjectBANKING SECTOR
dc.subjectCOMMERCE
dc.subjectCOMMERCIAL POLICY
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICES
dc.subjectCOMMON LAW
dc.subjectCOMPANY TAX
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCORPORATE CHARTERS
dc.subjectCOST INCREASE
dc.subjectCOST INCREASES
dc.subjectCOST REDUCTIONS
dc.subjectCURRENCY
dc.subjectCUSTOMS UNION
dc.subjectDEFLATORS
dc.subjectDEVALUATION
dc.subjectDEVALUATIONS
dc.subjectDIVIDEND
dc.subjectDIVIDEND INCOME
dc.subjectDIVIDENDS
dc.subjectDOMESTIC CURRENCY
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC REFORM
dc.subjectECONOMIC RESEARCH
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE REGIME
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT MARKETS
dc.subjectEXPORT TAX
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL TRADE
dc.subjectFINANCE CORPORATION
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICY
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN MARKETS
dc.subjectFOREIGN TRADE
dc.subjectFREE TRADE
dc.subjectGROWTH RATES
dc.subjectIMPLICIT SUBSIDIES
dc.subjectINCENTIVE STRUCTURE
dc.subjectINCOME
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINDIVIDUAL FIRMS
dc.subjectINDUSTRIAL COUNTRIES
dc.subjectINDUSTRIALIZATION
dc.subjectINEFFICIENCY
dc.subjectINPUT PRICES
dc.subjectINSURANCE
dc.subjectINTERMEDIATE GOODS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BUSINESS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL TRADE
dc.subjectLIBERALIZATION
dc.subjectLOCAL GOVERNMENTS
dc.subjectMARGINAL TAX RATES
dc.subjectMARKET ORIENTATION
dc.subjectMICRO-DATA
dc.subjectOIL PRICES
dc.subjectOUTPUT
dc.subjectOUTPUTS
dc.subjectOVERVALUATION
dc.subjectPER CAPITA INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectPREFERENTIAL ACCESS
dc.subjectPRICE COMPARISONS
dc.subjectPRICE EFFECT
dc.subjectPRODUCER PRICES
dc.subjectPRODUCT DIFFERENTIATION
dc.subjectPRODUCT MARKETS
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFIT MARGIN
dc.subjectPROFIT MARGINS
dc.subjectRATE OF GROWTH
dc.subjectREGISTRATION FEE
dc.subjectREGISTRATION FEES
dc.subjectREINVESTMENT
dc.subjectRETURNS
dc.subjectRETURNS TO SCALE
dc.subjectSALES
dc.subjectSALES TAX
dc.subjectSALES TAXES
dc.subjectSECURITIES
dc.subjectSHAREHOLDERS
dc.subjectSPREAD
dc.subjectSTAMP DUTIES
dc.subjectSUBSTITUTE
dc.subjectSUBSTITUTION
dc.subjectSUPPLIERS
dc.subjectSURTAX
dc.subjectTAX
dc.subjectTAX BURDENS
dc.subjectTAX CODE
dc.subjectTAX CONCESSIONS
dc.subjectTAX CREDITS
dc.subjectTAX EXEMPTIONS
dc.subjectTAX FREE
dc.subjectTAX OBLIGATIONS
dc.subjectTAX POLICY
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REFORMS
dc.subjectTAX REGIME
dc.subjectTAX REVENUES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTOTAL COSTS
dc.subjectTOTAL SALES
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE REFORMS
dc.subjectTRADE UNION
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTREATY
dc.subjectTURNOVER
dc.subjectTURNOVER TAX
dc.subjectTURNOVER TAXES
dc.subjectVALUE ADDED
dc.subjectVALUE OF OUTPUT
dc.subjectWAGES
dc.titleA Firm's-Eye View of Commercial Policy and Fiscal Reforms in Cameroonen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.date.disclosure2013-05-22
okr.date.doiregistration2025-05-06T11:24:54.643607Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2002/09/17742200/firms-eye-view-commercial-policy-fiscal-reforms-cameroon
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid746221468223459541
okr.identifier.doi10.1093/wber/lhf005
okr.identifier.externaldocumentum000333037_20130522123551
okr.identifier.internaldocumentum17742200
okr.identifier.report77397
okr.journal.nbpages449-472
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/22/000333037_20130522123551/Rendered/PDF/773970JRN020020of0Commercial0Policy.pdfen
okr.peerreviewAcademic Peer Review
okr.region.administrativeAfrica
okr.region.countryCameroon
okr.topicTaxation and Subsidies
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.unitAFT: HD Front Office (AFTHD)
okr.volume16(3)
relation.isJournalIssueOfPublication86a846f5-c91f-4393-8c16-d6e52ffc858e
relation.isJournalIssueOfPublication.latestForDiscovery86a846f5-c91f-4393-8c16-d6e52ffc858e
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublicationffcd85e9-e3a4-4326-a422-23efe4820919
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