Fiscal Spending And Economic Performance: Some Stylized Facts
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Washington, D.C
The World Bank
2008
|
| Schlagwörter: | |
| Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4452 |
| Beschreibung: | Weitere Ausgabe: Carrere, Celine : Fiscal Spending And Economic Performance |
| Umfang: | 1 Online-Ressource (49 Seiten) |
Internformat
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| 100 | 1 | |a Carrere, Céline |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Fiscal Spending And Economic Performance |b Some Stylized Facts |c Carrere, Celine |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2008 | |
| 300 | |a 1 Online-Ressource (49 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 500 | |a Weitere Ausgabe: Carrere, Celine : Fiscal Spending And Economic Performance | ||
| 520 | 1 | |a This paper complements the cross-country approach by examining the correlates of growth acceleration in per capita gross domestic product around "significant" public expenditure episodes by reorganizing the data around turning points, or events. The authors define a growth event as an increase in average per capita growth of at least 2 percentage points sustained for 5 years. A fiscal event is an increase in the annual growth rate of primary fiscal expenditure of approximately 1 percentage point sustained for 5 years and not accompanied by an aggravation of the fiscal deficit beyond 2 percent of gross domestic product. These definitions of events are applied to a database of 140 countries (118 developing countries) for 1972-2005. After controlling for the growth-inducing effects of positive terms-of-trade shocks and of trade liberalization reform, probit estimates indicate that a growth event is more likely to occur in a developing country when surrounded by a fiscal event. Moreover, the probability of occurrence of a growth event in the years following a fiscal event is greater the lower is the associated fiscal deficit, confirming that success of a growth-oriented fiscal expenditure reform hinges on a stabilized macroeconomic environment (through a limited primary fiscal deficit) | |
| 534 | |c 2008 | ||
| 653 | |a Debt Markets | ||
| 653 | |a Economic Conditions and Volatility | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a Fiscal Adjustment | ||
| 653 | |a Fiscal Deficit | ||
| 653 | |a Fiscal Expenditure | ||
| 653 | |a Fiscal Policy | ||
| 653 | |a Gross Domestic Product | ||
| 653 | |a Growth Rate | ||
| 653 | |a Macroeconomic Environment | ||
| 653 | |a Macroeconomic Stability | ||
| 653 | |a Macroeconomics and Economic Growth | ||
| 653 | |a Poverty Reduction | ||
| 653 | |a Pro-Poor Growth | ||
| 653 | |a Public Disclosure | ||
| 653 | |a Public Expenditure | ||
| 653 | |a Public Sector Expenditure Analysis and Management | ||
| 700 | 1 | |a De Melo, Jaime |d 1946- |e Verfasser |0 (DE-588)123819474 |4 aut | |
| 776 | 0 | 8 | |i Reproduktion von |a Carrere, Céline |t Fiscal Spending And Economic Performance |d 2008 |
| 856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4452 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-025446555 | |
Datensatz im Suchindex
| DE-BY-TUM_katkey | 1901472 |
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| author | Carrere, Céline De Melo, Jaime 1946- |
| author_GND | (DE-588)123819474 |
| author_facet | Carrere, Céline De Melo, Jaime 1946- |
| author_role | aut aut |
| author_sort | Carrere, Céline |
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| ctrlnum | (ZDB-1-WBA)093230036 (OCoLC)874237177 (DE-599)GBVNLM005466180 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| indexdate | 2025-01-17T17:00:27Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025446555 |
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| physical | 1 Online-Ressource (49 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Carrere, Céline De Melo, Jaime 1946- Fiscal Spending And Economic Performance Some Stylized Facts |
| title | Fiscal Spending And Economic Performance Some Stylized Facts |
| title_auth | Fiscal Spending And Economic Performance Some Stylized Facts |
| title_exact_search | Fiscal Spending And Economic Performance Some Stylized Facts |
| title_full | Fiscal Spending And Economic Performance Some Stylized Facts Carrere, Celine |
| title_fullStr | Fiscal Spending And Economic Performance Some Stylized Facts Carrere, Celine |
| title_full_unstemmed | Fiscal Spending And Economic Performance Some Stylized Facts Carrere, Celine |
| title_short | Fiscal Spending And Economic Performance |
| title_sort | fiscal spending and economic performance some stylized facts |
| title_sub | Some Stylized Facts |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4452 |
| work_keys_str_mv | AT carrereceline fiscalspendingandeconomicperformancesomestylizedfacts AT demelojaime fiscalspendingandeconomicperformancesomestylizedfacts |