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Cyclical Patterns of Government Expenditures in Sub-Saharan Africa.
This paper documents cyclical patterns of government expenditures in sub-Saharan Africa since 1970 and explains variation between countries and over time. Controlling for endogeneity, it finds government expenditures to be slightly more procyclical in sub-Saharan Africa than in other developing coun...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2009.
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| Colección: | IMF Working Papers.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 100 | 1 | |a Yackovlev, Irene. | |
| 245 | 1 | 0 | |a Cyclical Patterns of Government Expenditures in Sub-Saharan Africa. |
| 260 | |a Washington : |b International Monetary Fund, |c 2009. | ||
| 300 | |a 1 online resource (53 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers ; |v v. Working Paper No. 09/274 | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Evolution of the fiscal balance in sub-Saharan Africa, current and past cycles; 1. Number of sub-Saharan African countries satisfying various macroeconomic performance and institutional quality criterial by decade; II. Literature Review; III. Empirical Strategy; A. Empirical Model and Identification; B. Data, Measurement, and Specification; IV. Results; A. Key Facts; 2. Cyclical properties of government spending, 1970-2008; 3. Robustness checks, system-GMM estimates and additional controls. | |
| 505 | 8 | |a 4. Cyclical properties of government spending by decadeB. Factors; 5. Political factors, impact on procyclicality, 1970-2008; 6. Financing constraints, impact on procyclicality, 1970-2008; 7. Macroeconomic stability and fiscal space, impact on procyclicality, 1970-2008; 8. How can we explain the evolution of procyclicality over time in sub-Saharan Africa?; V. Conclusions and Policy Implications; Appendix; References; Footnotes. | |
| 520 | |a This paper documents cyclical patterns of government expenditures in sub-Saharan Africa since 1970 and explains variation between countries and over time. Controlling for endogeneity, it finds government expenditures to be slightly more procyclical in sub-Saharan Africa than in other developing countries and some evidence that procyclicality in Africa has declined in recent years after a period of sharp increase through the 1990s. Greater fiscal space, proxied by lower external debt, and better access to concessional financing, proxied by larger aid flows, seem to be important factors in dimin. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Fiscal policy |z Africa, Sub-Saharan. | |
| 650 | 0 | |a Finance, Public |z Africa, Sub-Saharan. | |
| 651 | 0 | |a Africa, Sub-Saharan |x Economic policy. | |
| 650 | 6 | |a Politique fiscale |z Afrique subsaharienne. | |
| 650 | 6 | |a Finances publiques |z Afrique subsaharienne. | |
| 651 | 6 | |a Afrique subsaharienne |x Politique économique. | |
| 650 | 7 | |a Economic policy |2 fast | |
| 650 | 7 | |a Finance, Public |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 651 | 7 | |a Sub-Saharan Africa |2 fast | |
| 700 | 1 | |a Lledo, Victor Duarte. | |
| 700 | 1 | |a Gadenne, Lucie. | |
| 758 | |i has work: |a Cyclical Patterns of Government Expenditures in Sub-Saharan Africa (Text) |1 https://id.oclc.org/worldcat/entity/E39PD3Ckh6xXbQgXR7vCvCKcRq |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Yackovlev, Irene. |t Cyclical Patterns of Government Expenditures in Sub-Saharan Africa: Facts and Factors. |d Washington : International Monetary Fund, ©2009 |z 9781451874198 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1606005 |z Texto completo |
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