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How Public Spending Can Help You Grow : An Empirical Analysis for Developing Countries

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dc.contributor.authorMoreno-Dodson, Blanca
dc.contributor.authorBayraktar, Nihal
dc.date.accessioned2012-08-13T10:26:26Z
dc.date.available2012-08-13T10:26:26Z
dc.date.issued2011-02
dc.description.abstractAlthough many studies indicate that both the level and composition of public spending are significant for economic growth, the results in the empirical literature are still mixed. This note is based on a paper of the same title (Bayraktar and Moreno-Dodson 2010) that compares a set of fast-growing developing countries to a mix of developing countries with different growth patterns. Considering the full government budget constraint, the empirical analysis shows that public spending, especially its 'core' components, contributes to economic growth only in countries that are capable of using funds for productive purposes. In addition, those countries must have an adequate economic policy environment with macroeconomic stability, openness, and private sector investments that are conducive to growth.en
dc.identifierhttp://documents.worldbank.org/curated/en/2011/02/13721068/public-spending-can-help-grow-empirical-analysis-developing-countries
dc.identifier.doi10.1596/10107
dc.identifier.urihttps://hdl.handle.net/10986/10107
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEconomic Premise; No. 48
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectBANK POLICY
dc.subjectBUDGET ALLOCATIONS
dc.subjectBUDGET DEFICIT
dc.subjectCAPITAL ASSETS
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL SPENDING
dc.subjectCOMPARISON GROUP
dc.subjectCOMPOSITION OF GOVERNMENT SPENDING
dc.subjectCOMPOSITION OF PUBLIC SPENDING
dc.subjectCOUNTRY LEVEL
dc.subjectCOUNTRY-SPECIFIC CHARACTERISTICS
dc.subjectCREATIVE ACCOUNTING
dc.subjectCROSS-COUNTRY STUDY
dc.subjectCURRENT ACCOUNT DEFICITS
dc.subjectDEBT
dc.subjectDEFENSE EXPENDITURES
dc.subjectDEFICITS
dc.subjectDETERMINING GROWTH
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT COUNTRIES
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC INVESTMENT
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC POLICY ENVIRONMENT
dc.subjectECONOMIC STUDIES
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPIRICAL LITERATURE
dc.subjectEMPIRICAL RESULTS
dc.subjectEMPIRICAL STUDIES
dc.subjectENDOGENOUS GROWTH
dc.subjectENDOGENOUS GROWTH MODEL
dc.subjectFINANCES
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL STATISTICS
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFISCAL RULES
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGOLDEN RULE
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT BUDGET CONSTRAINT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH CONTEXT
dc.subjectGROWTH MODEL
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH RATE
dc.subjectHEALTH SPENDING
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectINFLATION
dc.subjectLIABILITY
dc.subjectLOCAL MARKETS
dc.subjectLONG RUN
dc.subjectMACROECONOMIC STABILITY
dc.subjectNEGATIVE IMPACT
dc.subjectNEGATIVE INCENTIVES
dc.subjectNET BORROWING
dc.subjectNET DEBT
dc.subjectNET EFFECT
dc.subjectPER CAPITA GROWTH
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOSITIVE IMPACT
dc.subjectPOVERTY REDUCTION
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR INVESTMENT
dc.subjectPRODUCTION FUNCTION
dc.subjectPUBLIC
dc.subjectPUBLIC CAPITAL
dc.subjectPUBLIC ECONOMICS
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectREDUCING INFLATION
dc.subjectRETURN
dc.subjectRURAL INFRASTRUCTURE
dc.subjectSIGNIFICANT IMPACT
dc.subjectSOCIAL SPENDING
dc.subjectTAXATION
dc.subjectTOTAL PUBLIC EXPENDITURE
dc.subjectTOTAL PUBLIC SPENDING
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENNESS
dc.subjectTRADE POLICY
dc.subjectTRADING
dc.subjectTRANSITION ECONOMIES
dc.titleHow Public Spending Can Help You Grow : An Empirical Analysis for Developing Countriesen
dspace.entity.typePublication
okr.date.disclosure2011-02-03
okr.date.doiregistration2025-04-29T10:04:58.163819Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2011/02/13721068/public-spending-can-help-grow-empirical-analysis-developing-countries
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid225201468330337633
okr.identifier.externaldocumentum000333038_20110203043100
okr.identifier.internaldocumentum13721068
okr.identifier.report59381
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/02/03/000333038_20110203043100/Rendered/PDF/593810BRI0EP480Box358280B01PUBLIC1.pdfen
okr.topicPublic Sector Economics
okr.topicPoverty Reduction::Inequality
okr.topicPublic Sector Expenditure Policy
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPublic Sector Development
okr.unitOffice of VP & Head of Network (PRMVP)
okr.volume1 of 1
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