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...
Vea más
INFORMACIÓN
-
2007/12/01
-
Documento de trabajo sobre investigaciones relativas a políticas
-
WPS4452
-
1
-
1
-
2010/07/01
-
Disclosed
-
Fiscal spending and economic performance : some stylized facts
-
fiscal event