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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| 其他作者: | , |
| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
2003.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2003/237 |
| 在线阅读: | Full text available on IMF |