Abstract: | Discussion and analysis of the proxy factors determining government revenue share in GNP in Egypt indicate that a plausible model is one that incorporates per capita income, 'openness' of the economy (defined as the foreign trade ratio represented by the ratio of exports plus imports to GNP), and the monetization ratio (defined as coins, notes, demand deposits and time deposits as a ratio of GNP). The analysis is based on quantitative data for the period 1952/1953 to 1984/1985. Notes, ref. |