The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries:
We examine the short- and long-term movements of government spending relative to output in 51 countries. We find that in the short term, the main components of government spending increase with output in about half of the sample countries, with some variation across spending categories and countries...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 04/202 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | We examine the short- and long-term movements of government spending relative to output in 51 countries. We find that in the short term, the main components of government spending increase with output in about half of the sample countries, with some variation across spending categories and countries. Further, we find that there is a long-term relationship between government spending and output (in line with ""Wagner''s law"") for the majority of countries for at least one spending aggregate. In the short term, we find that power dispersion and government size typically dampen the positive response of government spending to output. Output volatility and financial risk, on the other hand, contribute to the procylicality of government spending |
| Beschreibung: | 1 Online-Ressource (24 p) |
| ISBN: | 145187443X 9781451874433 |
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| index_date | 2024-07-03T20:13:29Z |
| indexdate | 2024-07-10T09:35:38Z |
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| record_format | marc |
| series2 | IMF Working Papers |
| spelling | Inchauste, Gabriela Verfasser aut The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries Inchauste, Gabriela Washington, D.C International Monetary Fund 2004 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/202 We examine the short- and long-term movements of government spending relative to output in 51 countries. We find that in the short term, the main components of government spending increase with output in about half of the sample countries, with some variation across spending categories and countries. Further, we find that there is a long-term relationship between government spending and output (in line with ""Wagner''s law"") for the majority of countries for at least one spending aggregate. In the short term, we find that power dispersion and government size typically dampen the positive response of government spending to output. Output volatility and financial risk, on the other hand, contribute to the procylicality of government spending Online-Ausg Akitoby, Bernardin Sonstige oth Clements, Benedict J. Sonstige oth Gupta, Sanjeev Sonstige oth http://elibrary.imf.org/view/IMF001/06865-9781451874433/06865-9781451874433/06865-9781451874433.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Inchauste, Gabriela The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries |
| title | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries |
| title_auth | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries |
| title_exact_search | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries |
| title_exact_search_txtP | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries |
| title_full | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries Inchauste, Gabriela |
| title_fullStr | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries Inchauste, Gabriela |
| title_full_unstemmed | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries Inchauste, Gabriela |
| title_short | The Cyclical and Long-Term Behavior of Government Expenditures in Developing Countries |
| title_sort | the cyclical and long term behavior of government expenditures in developing countries |
| url | http://elibrary.imf.org/view/IMF001/06865-9781451874433/06865-9781451874433/06865-9781451874433.xml |
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