Can a Government Enhance Long Run Growth by Changing the Composition of Public Expenditure is popular PDF and ePub book, written by Mr.Santiago Acosta Ormaechea in 2013-07-08, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Can a Government Enhance Long Run Growth by Changing the Composition of Public Expenditure can be Read Online from any device for your convenience.
Can a Government Enhance Long Run Growth by Changing the Composition of Public Expenditure Book PDF Summary
This paper studies the effects of public expenditure reallocations on long-run growth. To do this, we assemble a new dataset based on the IMF’s GFS yearbook for the period 1970-2010 and 56 countries (14 low-, 16 medium-, and 26 high-income countries). Using dynamic panel GMM estimators, we find that a reallocation involving a rise in education spending has a positive and statistically robust effect on growth, when the compensating factor remains unspecified or when this is associated with an offsetting reduction in social protection spending. We also find that public capital spending relative to current spending appears to be associated with higher growth, yet results are non-robust in this latter case.
Detail Book of Can a Government Enhance Long Run Growth by Changing the Composition of Public Expenditure PDF
- Author : Mr.Santiago Acosta Ormaechea
- Release : 08 July 2013
- Publisher : International Monetary Fund
- ISBN : 9781475560602
- Genre : Business & Economics
- Total Page : 45 pages
- Language : English
- PDF File Size : 21,9 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Can a Government Enhance Long Run Growth by Changing the Composition of Public Expenditure by Mr.Santiago Acosta Ormaechea, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.