Fiscal policy and economic development /

This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3) Today...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Mourmouras, Alex (Autor), Rangazas, Peter, 1956- (Autor)
Autores Corporativos: International Monetary Fund, IMF Institute
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund : IMF Institute, 2008.
©2008
Colección:IMF working paper ; WP/08/155.
Temas:
Fiscal policy > Econometric models.
Economic development > Econometric models.
Politique fiscale > Modèles économétriques.
Développement économique > Modèles économétriques.
Economic development > Econometric models
Fiscal policy > Econometric models
Finanzpolitik.
Staatsquote.
Wagnersches Gesetz.
Entwicklung.
Entwicklungsländer.
Acceso en línea:Texto completo
Descripción
Sumario:This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3) Today's developing countries have larger government sectors than did today's developed countries at similar stages of development. The explanations for these facts are based on the structural transformation from traditional (mostly agricultural) to modern (industrial and post-industrial) production, rising public infrastructure investment, and less representative governments in many of today's developing economies.
Notas:"June 2008."
Descripción Física:1 online resource (33 pages) : illustrations
Bibliografía:Includes bibliographical references (pages 29-31).
ISBN:9781451914665
1451914660

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