1.

Record Nr.

UNINA9910788699603321

Autore

Gupta Sanjeev

Titolo

New Evidence on Fiscal Adjustment and Growth in Transition Economies / / Sanjeev Gupta, Alejandro Simone, Alex Segura-Ubiergo

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-6089-0

1-4527-9453-7

1-283-51674-8

9786613829191

1-4519-0957-8

Descrizione fisica

1 online resource (35 p.)

Collana

IMF Working Papers

Altri autori (Persone)

SimoneAlejandro

Segura-UbiergoAlex

Soggetti

Economic stabilization - Developing countries

Fiscal policy - Developing countries

Macroeconomics

Public Finance

Fiscal Policy

Debt

Debt Management

Sovereign Debt

Institutions and the Macroeconomy

Public finance & taxation

Fiscal consolidation

Government debt management

Fiscal stance

Structural reforms

Fiscal policy

Debts, Public

Russian Federation

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"October 2006."



Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. EMPIRICAL METHODOLOGY AND SAMPLE""; ""III. GROWTH AND FISCAL ADJUSTMENT IN TRANSITION COUNTRIES: SOME STYLIZED FACTS""; ""IV. ECONOMETRIC MODEL RESULTS""; ""V. QUALITATIVE ANALYSIS OF COUNTRY EXPERIENCES""; ""VI. CONCLUSIONS""; ""References""

Sommario/riassunto

This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001. Unlike most previous studies using cross-country regressions, the paper finds a positive and statistically significant relationship between fiscal adjustment and growth that is robust to different model specifications and estimation methods. The paper also presents country experiences to delve deeper into the mechanisms that may underlie this statistical relationship.