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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Kojo, Naoko
Tác giả khác: Baldacci, Emanuele, Hillman, Arye
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2003.
Loạt:IMF Working Papers; Working Paper ; No. 2003/237
Truy cập trực tuyến:Full text available on IMF