Is Fiscal Policy Procyclical in Developing Oil-Producing Countries? /
This paper examines the cyclicality of fiscal behavior in 28 developing oil-producing countries (OPCs) during 1990-2009. After testing five fiscal measures - government expenditure, consumption, investment, non-oil revenue, and non-oil primary balance - and correcting for reverse causality between n...
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2011.
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Colección: | IMF Working Papers; Working Paper ;
No. 2011/171 |
Acceso en línea: | Full text available on IMF |