Can Statistical Capacity Building Help Reduce Procyclical Fiscal Policy in Developing Countries? /

Few papers have attempted to assess the role of 'capacity,' especially in the area of macroeconomic statistics. Consequently, we make an attempt to advance this literature through the construction of a 'statistical capacity building index,' and then test its explanatory power on...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Tapsoba, Sampawende
مؤلفون آخرون: Noumon, Neree, York, Robert
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2016.
سلاسل:IMF Working Papers; Working Paper ; No. 2016/209
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:Few papers have attempted to assess the role of 'capacity,' especially in the area of macroeconomic statistics. Consequently, we make an attempt to advance this literature through the construction of a 'statistical capacity building index,' and then test its explanatory power on the cyclicality of government spending. Using panel data from 62 developing countries, we find evidence that improvements in this index are associated with less procyclicality of government spending over the period 1990-2012; with the significance of this relationship dependent upon the quality of administrative and technical capacity of budgetary institutions.
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وصف مادي:1 online resource (32 pages)
التنسيق:Mode of access: Internet
تدمد:1018-5941
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students