Fiscal Expenditure Policy and Non-Oil Economic Growth : Evidence from GCC Countries /

Through the use of a multivariate cointegration and error-correction model, this study investigates the short- and long-run relationship over the past two decades between fiscal expenditure policy and non?oil real GDP growth in member countries of the Gulf Cooperation Council (GCC). Despite the impo...

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Tác giả chính: Wang, Qing
Tác giả khác: Fasano-Filho, Ugo
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2001.
Loạt:IMF Working Papers; Working Paper ; No. 2001/195
Truy cập trực tuyến:Full text available on IMF
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100 1 |a Wang, Qing. 
245 1 0 |a Fiscal Expenditure Policy and Non-Oil Economic Growth :   |b Evidence from GCC Countries /  |c Qing Wang, Ugo Fasano-Filho. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2001. 
300 |a 1 online resource (21 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Through the use of a multivariate cointegration and error-correction model, this study investigates the short- and long-run relationship over the past two decades between fiscal expenditure policy and non?oil real GDP growth in member countries of the Gulf Cooperation Council (GCC). Despite the important role of the government, the empirical results do not strongly support that increases in fiscal expenditures tend to slow or accelerate non?oil real growth in these countries. However, the breakdown into current and capital expenditures is useful for assessing the effects of each spending category on short- and long-run non?oil real GDP growth. 
538 |a Mode of access: Internet 
700 1 |a Fasano-Filho, Ugo. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2001/195 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2001/195/001.2001.issue-195-en.xml  |z IMF e-Library