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...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Kojo, Naoko
Kolejni autorzy: Baldacci, Emanuele, Hillman, Arye
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2003.
Seria:IMF Working Papers; Working Paper ; No. 2003/237
Dostęp online:Full text available on IMF