01875cas a2200265 a 4500 AALejournalIMF000770 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451979664 1018-5941 BD-DhAAL BD-DhAAL Clements, Benedict. Economic Determinants of Government Subsidies / Benedict Clements, Hugo Rodriguez, Gerd Schwartz. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper studies the economic determinants of government subsidies using panel data for 40 countries over 18 years (from 1975 to 1992) and finds that individual country-specific factors play a sizeable role in determining government subsidies. But it also suggests several characteristics-a small government, a small external current account deficit, and a productive structure geared more toward services and agriculture than manufacturing-may make it easier to keep subsidy expenditures down. The paper also suggests that globalization and the associated increase in openness are not impediments to reducing subsidies. In itself, an IMF-supported adjustment program is found not to be a significant determinant of government subsidy expenditures. Mode of access: Internet Rodriguez, Hugo. Schwartz, Gerd. IMF Working Papers; Working Paper ; No. 1998/166 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/166/001.1998.issue-166-en.xml IMF e-Library