Can a Government Enhance Long-Run Growth by Changing the Composition of Public Expenditure? /

This paper studies the effects of public expenditure reallocations on long-run growth. To do this, we assemble a new dataset based on the IMF's GFS yearbook for the period 1970-2010 and 56 countries (14 low-, 16 medium-, and 26 high-income countries). Using dynamic panel GMM estimators, we find...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Acosta Ormaechea, Santiago
Weitere Verfasser: Morozumi, Atsuyoshi
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/162
Online Zugang:Full text available on IMF