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Monthly economic indicators support policy analysis of current economic developments and forecasting. This paper presents an overview of the data and statistical requirements to develop those indicators taking into account resource constraints that LIC typically face. We review statistical...
Persistent link: https://www.econbiz.de/10012252734
This paper surveys the theoretical and empirical literature on the relationship between taxation and public expenditure and economic growth. Particular attention is paid to the effect of taxation and government expenditure on the supply and productivity of labor and physical capital. Studies...
Persistent link: https://www.econbiz.de/10014400103
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis-based on the local projection method-finds...
Persistent link: https://www.econbiz.de/10012252736
of national accounts benchmarks, availability annual and quarterly GDP estimates, vintage of the System of National … Accounts (SNA), index formula used for calculating annual constant price (volume) estimates, availability of GDP by different … approaches, timeliness of disseminating and annual and quarterly GDP estimates, availability institutional sector accounts, and …
Persistent link: https://www.econbiz.de/10013170270
-country variations in countries' real GDP per capita to examine this issue for a large sample of advanced and developing countries. Our … increase in real GDP per capita, on average, reduces the Gini coefficient by around 0.08 percentage points, a result that is …
Persistent link: https://www.econbiz.de/10014411386
are not a good approximation for outputs. If taken seriously, the next logical step is to purge from GDP the fraction of …
Persistent link: https://www.econbiz.de/10014395682
variety relative to the United States helps to explain relative per capita GDP levels. The empirical work relies upon some …
Persistent link: https://www.econbiz.de/10014399925
increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0 …
Persistent link: https://www.econbiz.de/10014402858
leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate …
Persistent link: https://www.econbiz.de/10014404012
examines the implications of treating intangible spending as an acquisition of final (investment) goods on GDP growth for … result is in line with similar findings for the U.S. and the U.K. Furthermore, the growth in GDP and labor productivity may …
Persistent link: https://www.econbiz.de/10014402260