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Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The present work analyzes demand factors as determinants of the Bolivian economic growth between 1953-2002 using framework introduced by Thirlwall (1979). According to cointegration...
Persistent link: https://www.econbiz.de/10005836270
Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The present work analyzes demand factors as determinants of the Bolivian economic growth between 1953-2002 using framework introduced by Thirlwall (1979). According to cointegration...
Persistent link: https://www.econbiz.de/10005620158
inequality, the figure decline dramatically starting from the year 2000. In this setting, Bolivia has been one of the poorest … other variables) has contributed on the reduction of inequality in Bolivia. Moreover, the sources of inequality are mainly …
Persistent link: https://www.econbiz.de/10011108568
Using a Structural Vector Autoregression approach (SVAR), the paper estimates the response of output, price levels, private investment and consumption to expansive and contractive fiscal shocks. The results show that government spending shocks have a positive effect on GDP. On the other hand, a...
Persistent link: https://www.econbiz.de/10011111968
The paper models the behavior of the Central Bank of Bolivia, through the estimation of reaction functions. According …
Persistent link: https://www.econbiz.de/10011112099
In the last few years, Bolivia has experienced a growing migration phenomenon. Many household members migrate from …
Persistent link: https://www.econbiz.de/10011113053
small economy. We use the data of Bolivia, for the years 1990–2003. We apply gravity model, adding a migration variable to … Bolivia). We control for the economic size and geographical location of trade partners, and for changes in terms of trade … effect of immigration on exports and imports is confirmed also in Bolivia, even when the migration flows in Bolivia are not …
Persistent link: https://www.econbiz.de/10005623264
institutional design of Bolivia’s decentralization model and its evolution. Subnational public finance data up to 2008 is used to … verify that decentralization of expenditure was higher than that of revenue, establishing a context of vertical fiscal … estimated to identify and assess the implicit incentives embedded in fiscal institutions of the decentralization model. Findings …
Persistent link: https://www.econbiz.de/10011258016
We analyze the effects of political business cycles and fiscal autonomy on the expenditure categories of Polish municipalities. Using System GMM technique, we find convincing evidence for strong political business cycles in almost all expenditure categories, and in particular for the categories...
Persistent link: https://www.econbiz.de/10011276373
for more fiscal decentralization. Within this subject, this paper has the goal of contributing to the discussion on tax … fiscal decentralization policy in Mexico. …
Persistent link: https://www.econbiz.de/10011259341