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Public investment under ethnic diversity and political uncertainty

Bohn, Frank - 2005

This paper addresses the puzzle that public services in some developing countries, especially in Africa, are poor despite large public expenditure. The intertemporal model here studies a government’s optimal choice between redistribution and public investment. Ethnic diversity and political...

Persistent link: https://www.econbiz.de/10010293865

New evidence on fungibility at the aggregate level

Marć, Łukasz - 2012

Persistent link: https://www.econbiz.de/10009723004

The causal links between aid and government expenditures

Marć, Łukasz - 2014

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

Government spending multipliers in natural resource-rich developing countries

Nganou, Jean-Pascal Nguessa; Somé, Juste; Tchuente, Guy - 2016

This paper estimates the government spending multiplier for natural resource-rich low-income countries (LICs). Kraay (2014) identification strategy exploits the long lags between approval and eventual disbursement of loans to isolate a predetermined component of public spending associated with...

Persistent link: https://www.econbiz.de/10011547618

The impact of aid on total government expenditures : new evidence on fungibility

Marć, Łukasz - 2015

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

The Long-Run Macroeconomic Impacts of Fuel Subsidies in an Oil-Importing Developing Country

Plante, Michael - 2011

Analytical and numerical results show how the presence of a subsidy on household and firm purchases of oil products distorts long-run macroeconomic aggregates in an oil-importing developing country. Beyond leading to over-consumption of oil products these subsidies also lead to increased labor...

Persistent link: https://www.econbiz.de/10013127816

Is Fiscal Policy Procyclical in Resource-Rich Countries

Aliyev, Ilkin - 2012

We analyze fiscal policy procyclicality in resource-rich countries. We obtain a strong U-shaped relationship between …

Persistent link: https://www.econbiz.de/10013103578

Fiscal Multipliers in Advanced and Developing Countries : Evidence from Military Spending

Sheremirov, Viacheslav - 2019

effects of fiscal policy: the state of the economy, openness to trade, and the exchange-rate regime. We find that the … potential reasons for heterogeneous effects of fiscal policy, such as its implementation and coordination with the monetary …

Persistent link: https://www.econbiz.de/10012888988

Vulnerability of Tax Revenue in Resource-Rich Countries

von Haldenwang, Christian - 2015

Conventional wisdom has it that natural resource dependence is associated with increased vulnerability to external shocks emanating from sudden supply and demand changes in the global economy. This paper explores to what extent government revenue in low- and middle-income countries is affected...

Persistent link: https://www.econbiz.de/10013027796

Fiscal Policy and Poverty Convergence in Moroccan Localities

Sahibi, Youness - 2016

In this work we tried to analyze the effect of fiscal policy on local inequalities in Morocco. We studied the influence … expenditure and income shared between 2000 and 2007, we tested the convergence process and the type of fiscal policy can help to … improve it.Our result has shown that the policy using debt to finance the expenditure could improve the convergence process …

Persistent link: https://www.econbiz.de/10012989821