Friday, November 14, 2014

Tweet

[IWS] ADB: GOVERNMENT SPENDING AND INCLUSIVE GROWTH IN DEVELOPING ASIA [12 November 2014]

IWS Documented News Service

_______________________________

Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

Asian Development Bank (ADB)

ADB Economics Working Paper Series No. 415

 

GOVERNMENT SPENDING AND INCLUSIVE GROWTH IN DEVELOPING ASIA [12 November 2014]

by Seok-Kyun Hur

http://www.adb.org/publications/government-spending-and-inclusive-growth-developing-asia

or

http://www.adb.org/sites/default/files/publication/149219/ewp-415.pdf

[full-text, 46 pages]

 

This paper assesses the effects of fiscal policy on both equity and growth, specifically whether it is

possible to design fiscal spending so that it enhances equity without sacrificing economic growth and

vice versa. A cross-country panel vector autoregression (PVAR) using the World Development

Indicators confirms the growth effects of individual fiscal spending items as anticipated whereas

distributional effects were either temporarily positive or negligible for most fiscal items. However,

compared with Organisation for Economic Co-operation and Development members, spending on

public health and public education appeared to alleviate income inequality significantly in the Asian

Development Bank members. This implies that fiscal expenditure policies may contribute more to

inclusive growth in developing economies than in advanced ones.

 

 

________________________________________________________________________

This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 

 

 

 

 

 

 

 




Links to this post:

Create a Link



<< Home

This page is powered by Blogger. Isn't yours?