Showing 1 - 10 of 569
-run impact of government expenditure composition and taxation. They analyze the use of the primary balance as a policy tool … interaction between public expenditure composition and taxation on growth. Similar results are obtained: large elasticities of … output with respect to capital stocks, a significant negative impact of taxation on long-run GDP, and a negative impact of …
Persistent link: https://www.econbiz.de/10012747922
-linear relationship between government expenditure, taxes, and debt alters estimates of the impact of fiscal policy on gross domestic …
Persistent link: https://www.econbiz.de/10012975998
rest of the sample, and higher revenues and expenditures, which are approximately evenly split between extra consumption … expenditure and extra capital expenditure. Only about a quarter of their extra revenue goes into extra consumption expenditure …, and this proportion has been lower since 2005. Fuel exporters' expenditure reacts with a lag to oil price fluctuations …
Persistent link: https://www.econbiz.de/10012970120
systematically estimate the impact of geological, climatic, and other types of natural disasters on government expenditures and …
Persistent link: https://www.econbiz.de/10012976164
revenues be transferred to citizens, and fiscal instruments such as taxation be used to finance public expenditures. The … authors develop the case as follows. First, they confirm the well-known result that public-expenditure efficiency is lower in …, controlling for a number of factors, accountability is stronger in countries that rely more on direct taxation to finance public …
Persistent link: https://www.econbiz.de/10012976566
This paper proposes a new measure of public expenditure force that policy makers and budget analysts should track in … temporary and those that may require reforms. The main utility of the expenditure force measure will be in country fiscal … expenditure levels or spending types. This could allow global monitoring comparisons and global research into the drivers of …
Persistent link: https://www.econbiz.de/10012970906
Previous studies have established a negative relationship between total government spending and entrepreneurship activity. However, the relationship between the composition of government spending and entrepreneurial activity has been woefully under-researched. This paper fills this gap in the...
Persistent link: https://www.econbiz.de/10012972270
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/10012975179
Transfers to individuals were a larger part of the 2009 U.S. stimulus package than government purchases. Using a two-agent New Keynesian model, this paper shows analytically that the multiplier on targeted transfers to financially constrained households is (i) larger than the purchase multiplier...
Persistent link: https://www.econbiz.de/10012948280
This paper analyzes the trends and evolution of public spending in the agriculture sector in Indonesia, as well as the impact of public spending on agricultural growth. It finds that, in line with empirical work undertaken in other countries, public spending on agriculture and irrigation during...
Persistent link: https://www.econbiz.de/10012975437