Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries /

Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries /

Private investment is the principal transmission channel through which fiscal policy affects growth in high-income countries. In low-income countries, governance and also other considerations suggest that the primary channel is factor productivity. Empirical results reported in this paper confirm th...

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Dettagli Bibliografici
Autore principale:	Kojo, Naoko
Altri autori:	Baldacci, Emanuele, Hillman, Arye
Natura:	Periodico
Lingua:	English
Pubblicazione:	Washington, D.C. : International Monetary Fund, 2003.
Serie:	IMF Working Papers; Working Paper ; No. 2003/237
Accesso online:	Full text available on IMF

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