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Within the context of the Sustainable Development Goals (SDGs), the gender equality in education is considered one of the most challenging goals for most developing economies. Using Panel Least Square with Regional Dummies (LSDV) for a sample of Developing countries over the period 1990 to 2014,...
Persistent link: https://www.econbiz.de/10013233487
The recent boom and bust in commodity prices has raised concerns about the impact of volatile commodity prices on Latin American countries’ fiscal positions. Using a novel quarterly dataset─ which includes unique country specific commodity price indices and a comprehensive measure of public...
Persistent link: https://www.econbiz.de/10008529245
Fiscal policy is an important government tool for managing the economy, having the ability to affect the total amount of output produced - GDP. Changes in the level and composition of government spending, taxation or other instruments of fiscal policy have impact on aggregate demand, the pattern...
Persistent link: https://www.econbiz.de/10008574629
The macroeconomic literature has found puzzling effects of government spending on private consumption, the real exchange rate and the terms of trade. Some authors find that private consumption increases after a shock to government spending, while others report a decrease. The same ambiguity can...
Persistent link: https://www.econbiz.de/10011110784
The purpose of this paper is twofold. First, it presents a very concise way of measuring fiscal stance. This procedure is based on the assumption that the ‘neutral change’ in the government budget can best be simulated with a long-term approximation of the underlying trend of total output....
Persistent link: https://www.econbiz.de/10011258592
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
Public financial management by the government is very important in view of the level of welfare in Indonesia is still low, as there are still much poverty with the level of fulfillment of the needs of low, corruption that occurs in every area of government, income distribution is uneven, low...
Persistent link: https://www.econbiz.de/10012968836
Persistent link: https://www.econbiz.de/10013459233
extent of vertical integration are gigantic. This paper undertakes a critical examination of its procurement process to … paper examines issues such as organizational structure, procurement organization, source selection methodology, procurement … oversight and regulation and their impact on the economy, efficiency, transparency and accountability aspects of procurement. It …
Persistent link: https://www.econbiz.de/10011259293
This paper discusses the design of a novel multi-dimensional mechanism which allows a principal to procure a single project or an item from multiple suppliers through a two-step payment. The suppliers are capable of producing different qualities at costs which cannot exceed a certain value and...
Persistent link: https://www.econbiz.de/10011259763