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Fiscal policy and economic development / / Alex Mourmouras and Peter Rangazas



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Autore: Mourmouras Alex Visualizza persona
Titolo: Fiscal policy and economic development / / Alex Mourmouras and Peter Rangazas Visualizza cluster
Pubblicazione: [Washington, District of Columbia] : , : International Monetary Fund, , 2008
©2008
Descrizione fisica: 1 online resource (35 p.)
Disciplina: 336.3015195
Soggetto topico: Fiscal policy - Econometric models
Economic development - Econometric models
Soggetto genere / forma: Electronic books.
Altri autori: RangazasPeter  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; 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
B. 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
Sommario/riassunto: This 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
Titolo autorizzato: Fiscal policy and economic development  Visualizza cluster
ISBN: 1-4623-9514-7
1-4527-5917-0
9786612841064
1-4518-7013-2
1-282-84106-8
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910463998803321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers