ENGLISH

Alex Segura-Ubiergo, Alejandro Simone, Sanjeev Gupta New Evidence on Fiscal Adjustment and Growth in Transition Economies

Book information

Language
english
Format
PDF
Filesize
476 kB (487302 bytes)
Pages
\35
Topic
Economy
Library
twirpx
Time added
2017-08-07 07:01:42
Финансово-экономические дисциплины;Мировая экономи

Description

IMF, Working Paper. 2006. No. 06/244. This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992–2001. Unlike most previous studies using cross-country regressions, the paper finds a positive and statistically significant relationship between fiscal adjustment and growth that is robust to different model specifications and estimation methods. The paper also presents country experiences to delve deeper into the mechanisms that may underlie this statistical relationship.

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