Showing 1 - 10 of 347
effects and have estimated large short-term regional multipliers on historical EU structural and investment fund spending … investment to EU funds, which often increases euro for euro. The results suggest that expectations should be tempered on using EU … structural and investment funds as a tool for short-term regional fiscal stimulus, and instead policy makers may want to focus on …
Persistent link: https://www.econbiz.de/10014579423
efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda … insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates suggest that limited … perceived transfer rights, and the threat of expropriation, negatively affect long-term investment in Ethiopian agriculture …
Persistent link: https://www.econbiz.de/10012552808
The author examines empirically the link between real exchange rate uncertainty and private investment in developing … finds that it has a strong negative impact on investment, after controlling for other standard investment determinants and … real exchange rate uncertainty on investment is significantly larger in economies that are highly open and in those with …
Persistent link: https://www.econbiz.de/10012559585
The authors conduct an empirical study on the effect of the accumulation of pension fund financial assets, on national saving, using a panel of 43 industrial, and developing countries. The authors find evidence suggesting that the accumulation of pension fund financial assets might increase...
Persistent link: https://www.econbiz.de/10012559834
This paper surveys fiscal policy in developing countries from the point of view of long-run growth. The first section reviews existing methodologies to estimate the effects of fiscal policy shocks and of systematic fiscal policy, with time series or with cross-sectional methods, and their...
Persistent link: https://www.econbiz.de/10012552810
This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...
Persistent link: https://www.econbiz.de/10012552854
This paper uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for public spending that can be used to estimate government spending multipliers. Loans from official creditors (primarily multilateral development banks...
Persistent link: https://www.econbiz.de/10012554530
India, acted as short-term stimulants; additional public investment, as in China, appears to have had a more lasting impact …
Persistent link: https://www.econbiz.de/10012559444
This report analyzes the distributional impacts of the main taxes and transfers on households' welfare in the West Bank and Gaza. The analysis uses the Commitment to Equity methodology, enabling comparison of the results to other countries where this framework has been applied. The report...
Persistent link: https://www.econbiz.de/10014579072
vocational training or a productive investment grant. The authors identify the relative impact of each complementary package …. Households that received the productive investment grant also had higher average consumption levels. The complementary …
Persistent link: https://www.econbiz.de/10012552157