Publication:
The Composition of Public Expenditure and Growth : A Small-Scale Intertemporal Model for Low-Income Countries

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dc.contributor.authorBayraktar, Nihal
dc.contributor.authorMoreira, Emmanuel Pinto
dc.date.accessioned2012-06-08T20:43:50Z
dc.date.available2012-06-08T20:43:50Z
dc.date.issued2007-12
dc.description.abstractThis paper presents a small-scale intertemporal model of endogenous growth that accounts for the composition of public expenditure and externalities associated with public capital. Government spending is disaggregated into various components, including maintenance, security, and investment in education, health, and core infrastructure. After studying its long-run properties, the model is calibrated for Haiti, using country-specific information as well as parameter estimates from the literature. A variety of policy experiments are then reported, including a reallocation of spending aimed at creating fiscal space to promote public investment; an improvement in fiscal management that leads to a reduction in tax collection costs; higher spending on security; and a composite fiscal package.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/12/8841616/composition-public-expenditure-growth-small-scale-intertemporal-model-low-income-countries
dc.identifier.doi10.1596/1813-9450-4430
dc.identifier.urihttps://hdl.handle.net/10986/7595
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4430
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADMINISTRATIVE COSTS
dc.subjectADVERSE EFFECTS
dc.subjectBANK POLICY
dc.subjectBASE YEAR
dc.subjectBASELINE SCENARIO
dc.subjectBENCHMARKING
dc.subjectBORROWING
dc.subjectBUDGET BALANCE
dc.subjectBUDGET CONSTRAINT
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET SURPLUS
dc.subjectBUSINESS CYCLE
dc.subjectCALCULATIONS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL SPENDING
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STOCKS
dc.subjectCASH BASIS
dc.subjectCIVIL LIBERTIES
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMPOSITION OF GOVERNMENT SPENDING
dc.subjectCOMPOSITION OF PUBLIC SPENDING
dc.subjectCONSUMPTION SMOOTHING
dc.subjectCONSUMPTION TAXES
dc.subjectCONTRIBUTION
dc.subjectCURRENT ACCOUNT
dc.subjectDEBT
dc.subjectDEBT SUSTAINABILITY
dc.subjectDEFICITS
dc.subjectDEPRECIATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDISCOUNT RATE
dc.subjectDISCOUNTED VALUE
dc.subjectDOMESTIC DEBT
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC SECURITY
dc.subjectEDUCATED INDIVIDUALS
dc.subjectEDUCATION EXPENDITURES
dc.subjectEDUCATION SERVICES
dc.subjectEDUCATION SYSTEM
dc.subjectEDUCATIONAL SYSTEMS
dc.subjectEFFICIENCY OF RESOURCE ALLOCATION
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectELECTRICITY
dc.subjectEQUATIONS
dc.subjectEQUILIBRIUM
dc.subjectEXCESS DEMAND
dc.subjectEXPENDITURES
dc.subjectEXPROPRIATION
dc.subjectEXPROPRIATION RISKS
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCING
dc.subjectEXTERNALITIES
dc.subjectFISCAL ACCOUNTS
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL POLICY
dc.subjectFISCAL REFORMS
dc.subjectFIXED CAPITAL
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROWTH MODEL
dc.subjectGROWTH RATE
dc.subjectHEALTH CARE
dc.subjectHEALTH SERVICES
dc.subjectHOUSEHOLD SPENDING
dc.subjectHUMAN CAPITAL
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINCREASING RETURNS
dc.subjectINFRASTRUCTURE SERVICES
dc.subjectINTEREST EXPENDITURE
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL BANK
dc.subjectINVENTORY
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT SPENDING
dc.subjectLABOR FORCE
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CONSTRAINTS
dc.subjectLITERACY
dc.subjectLIVING STANDARDS
dc.subjectLOW-INCOME
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMICS
dc.subjectMARGINAL PRODUCT
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectMARGINAL UTILITY
dc.subjectMARGINAL UTILITY OF CONSUMPTION
dc.subjectMARKET PRICES
dc.subjectMAXIMUM LIKELIHOOD ESTIMATION
dc.subjectMISMANAGEMENT
dc.subjectMONETARY FUND
dc.subjectNATIONAL ACCOUNTS
dc.subjectNET REVENUE
dc.subjectOPEN ECONOMY
dc.subjectOPTIMAL TAXATION
dc.subjectOUTPUT PER CAPITA
dc.subjectOUTPUT RATIO
dc.subjectPERSONAL INCOME
dc.subjectPERSONAL INCOME TAX
dc.subjectPHYSICAL ASSETS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL STABILITY
dc.subjectPOVERTY RATE
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGIES
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL STOCK
dc.subjectPRIVATE CONSUMPTION
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SAVING
dc.subjectPRIVATE SAVINGS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SPENDING
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION INPUTS
dc.subjectPRODUCTIVE CAPITAL
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC CAPITAL
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEFICITS
dc.subjectPUBLIC DISCLOSURE
dc.subjectPUBLIC EDUCATION
dc.subjectPUBLIC EMPLOYEES
dc.subjectPUBLIC EMPLOYMENT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE REVIEWS
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC HEALTH SERVICES
dc.subjectPUBLIC INFRASTRUCTURE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENT IN INFRASTRUCTURE
dc.subjectPUBLIC INVESTMENT SPENDING
dc.subjectPUBLIC PRODUCTION
dc.subjectPUBLIC RESOURCES
dc.subjectPUBLIC SCHOOLS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR EMPLOYMENT
dc.subjectPUBLIC SECTOR WAGES
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectRATE OF GROWTH
dc.subjectRATIO OF PUBLIC SPENDING
dc.subjectREAL GDP
dc.subjectREMITTANCES
dc.subjectRESOURCE ALLOCATION
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK OF EXPROPRIATION
dc.subjectRISK OF REPUDIATION
dc.subjectROADS
dc.subjectRULE OF LAW
dc.subjectSALARIES
dc.subjectSAVING BEHAVIOR
dc.subjectSAVINGS
dc.subjectSENIOR
dc.subjectSIDE EFFECTS
dc.subjectSTATE UNIVERSITY
dc.subjectSTOCKS
dc.subjectTAX COLLECTION
dc.subjectTAX INCOME
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEMS
dc.subjectTAXATION
dc.subjectTELECOMMUNICATIONS
dc.subjectTELEPHONE LINES
dc.subjectTERRORISM
dc.subjectTOTAL DEBT
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL PUBLIC EXPENDITURE
dc.subjectTOTAL REVENUE
dc.subjectTOTAL SPENDING
dc.subjectUNCERTAINTY
dc.subjectUNEMPLOYMENT
dc.subjectUNSKILLED WORKERS
dc.subjectUTILITY FUNCTION
dc.subjectVALUABLE
dc.subjectWAGE
dc.subjectWAGE INCOME
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWEALTH EFFECT
dc.subjectWORTH
dc.titleThe Composition of Public Expenditure and Growth : A Small-Scale Intertemporal Model for Low-Income Countriesen
dspace.entity.typePublication
okr.crossref.titleThe Composition Of Public Expenditure And Growth : A Small-Scale Intertemporal Model For Low-Income Countries
okr.date.doiregistration2025-04-10T09:20:24.678931Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/12/8841616/composition-public-expenditure-growth-small-scale-intertemporal-model-low-income-countries
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid418931468314717910
okr.identifier.doi10.1596/1813-9450-4430
okr.identifier.externaldocumentum000158349_20071206085451
okr.identifier.internaldocumentum8841616
okr.identifier.reportWPS4430
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/12/06/000158349_20071206085451/Rendered/PDF/wps4430.pdfen
okr.topicEconomic Theory and Research
okr.topicPublic Sector Expenditure Analysis and Management
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics and Finance
okr.topicMacroeconomics and Economic Growth
okr.topicPublic Sector Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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