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Impact of Government Expenditure on Growth : : The Case of Azerbaijan



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Titolo: Impact of Government Expenditure on Growth : : The Case of Azerbaijan Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica: 1 online resource (20 p.)
Disciplina: 333.823094754
Soggetto topico: Petroleum industry and trade - Azerbaijan - Econometric models
Petroleum industry and trade - Nigeria - Econometric models
Petroleum industry and trade - Saudi Arabia - Econometric models
Public Finance
Taxation
Industries: Energy
National Government Expenditures and Related Policies: Infrastructures
Other Public Investment and Capital Stock
National Government Expenditures and Related Policies: General
Business Taxes and Subsidies
Macroeconomics: Production
Public finance & taxation
Petroleum, oil & gas industries
Expenditure
Capital spending
Public investment spending
Oil, gas and mining taxes
Oil production
Expenditures, Public
Capital investments
Public investments
Petroleum industry and trade
Soggetto geografico: Saudi Arabia
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: 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 Model
Sommario/riassunto: This 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.
Titolo autorizzato: Impact of Government Expenditure on Growth  Visualizza cluster
ISBN: 1-4623-4470-4
1-4527-3193-4
9786612840692
1-4518-6975-4
1-282-84069-X
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910788238103321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2008/115