LEADER 03525nam 2200637 450 001 9910463998803321 005 20170821155846.0 010 $a1-4623-9514-7 010 $a1-4527-5917-0 010 $a9786612841064 010 $a1-4518-7013-2 010 $a1-282-84106-8 035 $a(CKB)3170000000055031 035 $a(EBL)1607881 035 $a(SSID)ssj0000944033 035 $a(PQKBManifestationID)11944105 035 $a(PQKBTitleCode)TC0000944033 035 $a(PQKBWorkID)10982173 035 $a(PQKB)10677554 035 $a(OCoLC)762121227 035 $a(MiAaPQ)EBC1607881 035 $a(EXLCZ)993170000000055031 100 $a20140226h20082008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFiscal policy and economic development /$fAlex Mourmouras and Peter Rangazas 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (35 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/155 300 $aDescription based upon print version of record. 311 $a1-4519-1466-0 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; Figures; 1. Selected Industrial Countries: Government Purchases (share of GDP); Tables; 1. Government in Developed and Developing Countries; 2. Growth Rate in Productivity per Hour Worked (Annualized Percent); II. Related Literature; A. Growth of Government; B. Taxation and the Traditional Sector; C. Land Inequality and Development; III. The Model; A. Production; B. Households; C. Equilibrium; D. Government; IV. Explaining Fiscal Policy; V. Government Debt; VI. Calibration Experiments; A. Calibrating the Model 327 $aB. Historical Growth Experience of Currently Developed Countries2. Calibrated Parameters; 3. Predicted (Dashed) versus Actual (Solid) Government Purchase Share; 4. Predicted (Dashed) versus Actual (Solid) Government Investment Share; C. Growth of Currently Developing Countries; 5. Predicted (Dashed) versus Actual (Solid) Labor Productivity Growth Rates; 6. Tax Rates; 7. Share of Labor Force in Modern Sector; VII. Conclusion; 8. Labor Productivity Growth Rates; References; Appendix 330 $aThis paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3) Today's developing countries have larger government sectors than did today's developed countries at similar stages of development. The explanations for these facts are based on the structural transformation from traditional (mostly agricultural) to modern (industrial and post-industrial) production, risi 410 0$aIMF Working Papers 606 $aFiscal policy$xEconometric models 606 $aEconomic development$xEconometric models 608 $aElectronic books. 615 0$aFiscal policy$xEconometric models. 615 0$aEconomic development$xEconometric models. 676 $a336.3015195 700 $aMourmouras$b Alex$0790243 701 $aRangazas$b Peter$0790244 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463998803321 996 $aFiscal policy and economic development$91984638 997 $aUNINA