Revenue Forecasting Practices: Differences across Countries and ...
Revenue Forecasting Practices: Differences across Countries and ...
Revenue Forecasting Practices: Differences across Countries and ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
• Congressional Budget Office (2007): The Uncertainty of Budget Projections: A Discussion of<br />
Data <strong>and</strong> Methods. Memor<strong>and</strong>um, Washington D.C.<br />
• Homepage of the Congressional Budget Office (CBO): www.cbo.gov<br />
• Homepage of the Office of Management <strong>and</strong> Budget (OMB): www.whitehouse.gov/omb<br />
• Joint Committee on Taxation (JCT) (1992): Discussion of <strong>Revenue</strong> Estimation Methodology<br />
<strong>and</strong> Process. US Government Printing Office, Washington D.C.<br />
A.13 Other Sources<br />
• GDP forecast errors for all countries are based on the reports of the German council of economic<br />
experts, an independent body that issues annual reports including GDP forecasts for a<br />
large group of developed countries, see: http://www.sachverstaendigenrat-wirtschaft.de/en/index.php<br />
• OECD <strong>Revenue</strong> Statistics, varies issues.<br />
References<br />
Auerbach, A.J., 1999, On the Performance <strong>and</strong> Use of Government <strong>Revenue</strong> Forecasts, National<br />
Tax Journal, 52 (4), 765–782.<br />
Auerbach, A.J., 2005, Dynamic Scoring: An Introduction to the Issues, American Economic<br />
Review, 95 (2), 421–425.<br />
Adam, S., <strong>and</strong> A. Bozio, 2009, Dynamic Scoring, OECD Journal on Budgeting, 9(2), 99–124.<br />
Bos, F., 2007, The Dutch fiscal framework. History, current practice <strong>and</strong> the role of the CPB.<br />
Online: www.cpb.nl/nl/pub/cpbreeksen/document/150/doc150.pdf.<br />
Bretschneider, S. I., W. L. Gorr, G. Grizzle, <strong>and</strong> E. Klay, 1989, Political <strong>and</strong> organizational<br />
influences on the accuracy of forecasting state government revenues, International Journal of<br />
<strong>Forecasting</strong> 5 (1989), 307–319.<br />
Boylan, R. T., 2008, Political Distortions in State Forecasts, Public Choice 136, 411–427.<br />
Clements, M. P. <strong>and</strong> D. F. Hendry, 1998, <strong>Forecasting</strong> Economic Time Series, Cambridge.<br />
Clements, M. P. <strong>and</strong> D. F. Hendry, 2002, An overview of economic forecasting, in Clements, M.<br />
P. <strong>and</strong> D. F. Hendry (eds.), A Companion to Economic <strong>Forecasting</strong>, Oxford, 1–18.<br />
Danninger, S., 2005, <strong>Revenue</strong> Forecasts as Performance Targets, IMF Working Papers 05/14.<br />
Feenberg, D. R., W. Gentry, D. Gilroy, <strong>and</strong> H. S. Rosen, 1989, Testing the Rationality of State<br />
<strong>Revenue</strong> Forecasts, Review of Economics <strong>and</strong> Statistics 71 (2), 300–308.<br />
31