03136nam 2200649 450 991046401370332120170817212637.01-4623-4470-41-4527-3193-497866128406921-4518-6975-41-282-84069-X(CKB)3170000000055026(EBL)1607871(SSID)ssj0000944143(PQKBManifestationID)11573590(PQKBTitleCode)TC0000944143(PQKBWorkID)10982652(PQKB)10312651(OCoLC)815737975(MiAaPQ)EBC1607871(EXLCZ)99317000000005502620140225h20082008 uy 0engur|n|---|||||txtccrImpact of government expenditure on growth the case of Azerbaijan /Junko Koeda and Vitali Kramarenko[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (20 p.)IMF Working PapersIMF working paper ;WP/08/115Description based upon print version of record.1-4519-1429-6 Includes bibliographical references.Contents; I. Introduction; II. Historical Lessons for New Oil-Producing Countries: The Cases of Nigeria and Saudi Arabia; Figures; 1. Nigeria and Saudi Arabia: Selected Economic Indicators, 1970-89; III. Model-Based Evaluation of Fiscal Policy Scenario; A. Literature Review; B. The Model; C. Simulations; Baseline scenario: inputs to the simulation exercise; 2. The baseline scenario; Calibration; Table; 1. Parameters and initial conditions (in annual frequency); Simulation results; IV. Conclusion; 3. Simulation results; References; Annex; I. Solving the ModelThis paper evaluates a fiscal scenario based on the assumption of a rapid scaling-up of expenditure to be followed by a rapid scaling-down in the context of Azerbaijan's current temporary oil production boom. To this end, it relies on a review of historical precedents and a neoclassical growth model. Based on both strands of analysis, the paper suggests that the evaluated fiscal scenario poses significant risks to growth sustainability.IMF Working PapersPetroleum industry and tradeAzerbaijanEconometric modelsPetroleum industry and tradeNigeriaEconometric modelsPetroleum industry and tradeSaudi ArabiaEconometric modelsElectronic books.Petroleum industry and tradeEconometric models.Petroleum industry and tradeEconometric models.Petroleum industry and tradeEconometric models.333.823094754Koeda Junko888389Kramarenko V(Vitaliy)888390MiAaPQMiAaPQMiAaPQBOOK9910464013703321Impact of government expenditure on growth1984643UNINA