New Evidence on Fiscal Adjustment and Growth in Transition Economies Alejandro Simone

ISBN: 9781283516747

Published: October 1st 2006

ebook

35 pages


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New Evidence on Fiscal Adjustment and Growth in Transition Economies  by  Alejandro Simone

New Evidence on Fiscal Adjustment and Growth in Transition Economies by Alejandro Simone
October 1st 2006 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 35 pages | ISBN: 9781283516747 | 6.66 Mb

This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001. Unlike most previous studies using cross-country regressions, the paper finds a positive and statisticallyMoreThis paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001.

Unlike most previous studies using cross-country regressions, the paper finds a positive and statistically significant relationship between fiscal adjustment and growth that is robust to different model specifications and estimation methods. The paper also presents country experiences to delve deeper into the mechanisms that may underlie this statistical relationship.



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