Government spending multipliers in developing countries : evidence from lending by official creditors (English)

The author uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for government spending. These loans typically finance multiyear spending projects, with disbursements linked to the stages of project implementation. The identification strategy exploits the long lags between approval and eventual disbursement of these loans to isolate a predetermined component of public spending...

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Author

Kraay,Aart C.;
Document Date
2013/11/01
Document Type
Journal Article
Report Number
93127
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2014/12/19
Disclosure Status
Disclosed
Doc Name
Government spending multipliers in developing countries : evidence from lending by official creditors
Keywords
government spending

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Citation

Kraay,Aart C..

Government spending multipliers in developing countries : evidence from lending by official creditors (English). Author accepted manuscript Washington, DC ; World Bank Group. http://documents.worldbank.org/curated/en/440351468320709783

Government spending multipliers in developing countries : evidence from lending by official creditors (English)

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