The persistence of fiscal adjustments in developing countries

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URI: http://hdl.handle.net/11268/5667
DOI: 10.1080/13504850410001674812

Publication date

2004

Authors

Gupta, Sanjeev K.
Clements, Benedict J.
Baldacci, Emanuele

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Abstract

This study assesses effects of expenditure composition and other variables on the duration of fiscal adjustment episodes in a sample of 29 developing countries. Using survival analysis, the study finds that expenditure composition, size of the fiscal consolidation, and past performance on fiscal consolidation affect the persistence of adjustment.

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País en desarrollo
Política fiscal

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Bibliographic reference

Gupta, S., Clements, B., Baldacci, E., & Mulas-Granados, C. (2004). The persistence of fiscal adjustments in developing countries. Applied Economics Letters, 11(4), 209-212.

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journal article

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Área de Economía y Empresa