Underlying Factors Driving Fiscal Effort in Emerging Market Economies

Underlying Factors Driving Fiscal Effort in Emerging Market Economies
Using a panel dataset of 34 emerging market countries for the period 1990-2002, we examine the roles of various economic, political, and institutional variables in determining fiscal effort, as proxied by the primary surplus. We find that while fiscal effort increases, as expected, with the level of lagged debt, this effect tapers off beyond a... READ MORE...

Publication date: June 2005
ISBN 9781451861259
$15.00

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