Is Fiscal Policy Procyclical in Developing Oil-Producing Countries? /

Is Fiscal Policy Procyclical in Developing Oil-Producing Countries? /

This paper examines the cyclicality of fiscal behavior in 28 developing oil-producing countries (OPCs) during 1990-2009. After testing five fiscal measures - government expenditure, consumption, investment, non-oil revenue, and non-oil primary balance - and correcting for reverse causality between n...

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Bibliografiske detaljer
Hovedforfatter:	Erbil, Nese
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2011.
Serier:	IMF Working Papers; Working Paper ; No. 2011/171
Online adgang:	Full text available on IMF

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