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may function as a substitute to public expenditure for the sector. -- agricultural growth ; convergence ; trade ; foreign …An agricultural growth model is proposed to verify the agricultural convergence hypothesis among some Asian countries … following the method of Barro and Sala-i-Martin (1992) and Sala-i-Martin (1996). Conditional convergence of agriculture is …
Persistent link: https://www.econbiz.de/10003502941
Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...
Persistent link: https://www.econbiz.de/10011545434
In this paper we carry out a comprehensive analysis of the impact of the level and composition of public expenditure on the export orientation of agriculture using a panel data from eleven Latin American countries for the period of 1985 to 2001. We try to understand the role of different...
Persistent link: https://www.econbiz.de/10013142393
The most recent literature on aid effectiveness finds a positive effect of aid on growth. To the extent that aid goes through the budget, this either reflects an aid-financed increase in government expenditures (quantity effect) or an improvement in the use of government resources as a result of...
Persistent link: https://www.econbiz.de/10010231655
Aid is said to be fungible at the aggregate level if it raises government expenditures by less than the total amount. This happens when the recipient government decreases domestic revenue, decreases net borrowing, or when aid bypasses the budget. This study makes three contributions to both...
Persistent link: https://www.econbiz.de/10010465440
Public spending often increases at the end of fiscal years. This is undesirable because late spending tends to be inefficient. The causes for these spending spikes are however poorly understood. This paper offers a novel identification strategy that relies on the historic variation in countries'...
Persistent link: https://www.econbiz.de/10012152488
, as well as healthcare expenditure, stimulate growth in the long-run, openness to trade and spending in the housing sector …
Persistent link: https://www.econbiz.de/10013059092
Commodity price increases associated with the entry of China, India and other countries into the world economy has led to increased pressure on common-property renewable natural resources (NR). The problem is particularly worrisome for economies that obtain a large share of their income from the...
Persistent link: https://www.econbiz.de/10010269825
Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...
Persistent link: https://www.econbiz.de/10011786369
La teoría económica y la evidencia empírica disponible apoyan la tesis de que el direccionamiento del gasto público hacia bienes de naturaleza privada, en detrimento del gasto en bienes públicos, inhibe el desempeño del sector agrícola. Este trabajo presenta un análisis de la influencia...
Persistent link: https://www.econbiz.de/10011786370