The Economics of public finance
Author :
Publisher : Atlantic Publishers & Distri
Page : 192 pages
File Size : 42,41 MB
Release : 1974
Category :
ISBN :
Author :
Publisher : Atlantic Publishers & Distri
Page : 192 pages
File Size : 42,41 MB
Release : 1974
Category :
ISBN :
Author :
Publisher : Atlantic Publishers & Distri
Page : 182 pages
File Size : 28,69 MB
Release : 1984
Category :
ISBN :
Author :
Publisher :
Page : 0 pages
File Size : 32,63 MB
Release : 1983
Category :
ISBN :
Author : Matthew O. Odedokun
Publisher :
Page : 36 pages
File Size : 26,74 MB
Release : 2001
Category : Developing countries
ISBN :
Author : Johannes F. Linn
Publisher : World Bank Publications
Page : 33 pages
File Size : 12,68 MB
Release : 1989
Category : Developing countries
ISBN :
Author : Salvador Barrios
Publisher :
Page : 264 pages
File Size : 31,57 MB
Release : 2009
Category : Economic development
ISBN :
What role can better quality of public finances play in supporting Europe's long-term economic growth prospects? This question was at the centre of the 2008 European Commission workshop on public finances. It was largely motivated by the pressures put on European economies and their budgets from ageing populations and increased globalisation. However, the on-going financial crisis has given the issue an even greater prominence. Current fiscal stimulus packages not only include short-term measures, but also aim to have a lasting impact on growth. The latter is one aspect of ensuring a high quality of public finances. The workshop papers presented and analysed a number of policy options, ranging from the role of growth-enhancing public expenditure, in particular public infrastructure, and more generally the provision of public capital, the role of institutions, tax policy and the interaction of short-term counter-cyclical fiscal policy and long-term economic growth.
Author : Mu Li Yang
Publisher :
Page : 376 pages
File Size : 40,82 MB
Release : 2003
Category :
ISBN :
Author : Mr.Paul Cashin
Publisher : International Monetary Fund
Page : 36 pages
File Size : 50,62 MB
Release : 1994-08-01
Category : Business & Economics
ISBN : 1451951477
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes which are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series cross sectional results are obtained which support the proposed influence of the public finance variables on economic growth.
Author : Hugh N. Dawes
Publisher : World Bank Publications
Page : 27 pages
File Size : 15,94 MB
Release : 1982
Category : Finance, Public
ISBN :
Author : Alfred Greiner
Publisher : Springer Science & Business Media
Page : 148 pages
File Size : 28,80 MB
Release : 2009-07-24
Category : Business & Economics
ISBN : 3642017452
Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.