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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| Andre forfattere: | , |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2003/237 |
| Online adgang: | Full text available on IMF |