1.

Record Nr.

UNINA9910959022703321

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

9786613829191

9781462360895

1462360890

9781452794532

1452794537

9781283516747

1283516748

9781451909579

1451909578

Edizione

[1st ed.]

Descrizione fisica

1 online resource (35 p.)

Collana

IMF Working Papers

Altri autori (Persone)

Segura-UbiergoAlex

SimoneAlejandro

Soggetti

Economic stabilization - Developing countries

Fiscal policy - Developing countries

Debt Management

Debt

Debts, Public

Fiscal consolidation

Fiscal Policy

Fiscal policy

Fiscal stance

Government debt management

Institutions and the Macroeconomy

Macroeconomics

Public finance & taxation

Public Finance

Sovereign Debt

Structural reforms

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.