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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Kojo, Naoko
Awduron Eraill: Baldacci, Emanuele, Hillman, Arye
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2003.
Cyfres:IMF Working Papers; Working Paper ; No. 2003/237
Mynediad Ar-lein:Full text available on IMF