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Persistent link: https://www.econbiz.de/10011414210
This paper seeks to identify the most promising fiscal strategy to boost long-term economic growth in Argentina and quantify its effects. To this end, the authors updated a growth-diagnostics study for Argentina and corroborated that low appropriability of social returns and insufficient public...
Persistent link: https://www.econbiz.de/10011303821
This paper explores the qualitative and quantitative implications of optimal taxation in a developing economy when … economic growth is endogenously determined. We differentiate this class of economies from a developed economy in two aspects … equilibrium allocations and Ramsey allocations in the context of a small open economy in which the interest rate is endogenously …
Persistent link: https://www.econbiz.de/10011303820
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final high-growth scenario explores requirements and consequences for Pakistan's economy if, during the period 2013-2022, it …
Persistent link: https://www.econbiz.de/10012974067
Using a new tax database for 28 countries and a variety of econometric methods, this paper contributes to the debate on the effects of fiscal policy on economic activity in a number of ways. The analysis finds that tax cuts have a stimulative effect on economic growth in developing countries....
Persistent link: https://www.econbiz.de/10012975998
The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...
Persistent link: https://www.econbiz.de/10012747922
response to the recession; (b) domestic political economy factors, notably the pressure to act against unemployment in the US …
Persistent link: https://www.econbiz.de/10008907705
, and natural resource dependence. In line with the political economy literature, the perception of corruption, social … management perspective, procyclical bias is still present, but there are significant changes: most of the political economy …
Persistent link: https://www.econbiz.de/10012865086