Fiscal spending and economic performance : some stylized facts (English)

This paper complements the cross-country approach by examining the correlates of growth acceleration in per capita gross domestic product around "significant" public expenditure episodes by reorganizing the data around turning points, or events. The authors define a growth event as an increase in average per capita growth of at least 2 percentage points sustained for 5 years. A fiscal event is an increase in the annual growth rate of primary fiscal...

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Author

Carrere,Celine;

De Melo,Jaime A. P.;
Document Date
2007/12/01
Document Type
Policy Research Working Paper
Report Number
WPS4452
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Fiscal spending and economic performance : some stylized facts
Keywords
fiscal event

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Citation

Carrere,Celine; De Melo,Jaime A. P..

Fiscal spending and economic performance : some stylized facts (English). Policy Research working paper ; no. WPS 4452 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/178541468155139651

Fiscal spending and economic performance : some stylized facts (English)

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