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01763cas a2200241 a 4500 |
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|c 5.00 USD
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|z 9781451843255
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Matovu, John.
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|a Composition of Government Expenditure, Human Capital Accumulation, and Welfare /
|c John Matovu.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2000.
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| 300 |
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|a 1 online resource (26 pages)
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| 490 |
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper uses a dynamic general equilibrium model calibrated to Ugandan data to examine the welfare effects of alternative scenarios of government expenditure and tax financing. Two expenditure types are considered: social spending that affects human capital, and infrastructure expenditures that affect productivity. The paper finds that social expenditures lead to higher economic growth depending on the form of financing; young generations benefit most from social spending financed by consumption taxes; agents do not substitute between human and physical capital as a result of changes in expenditure composition; and improving the productivity of fiscal expenditure is both growth and welfare enhancing.
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| 538 |
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2000/015
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2000/015/001.2000.issue-015-en.xml
|z IMF e-Library
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