Replication Package for "The Efficiency of the Japanese Government’s Revenue Projection"

This is the data and replication code for "The Efficiency of the Japanese Government’s Revenue Projection" to be published in Economics Letters.

Below is the abstract that summarizes the article.

ABSTRACT
This paper evaluates the efficiency of the Japanese fiscal authority’s revenue projections using real-time data from 1960 to 2022. While their one-year-ahead projections are not efficient, their accuracy can be significantly improved by adjusting the forecasts based on the results.