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Fiscal Policy in a Growth Framework

  • Gemmell, Norman

This paper assesses recent theorising and empirical evidence on the impact of fiscal policy—taxes, public expenditures and budget deficits—on long-run growth. It considers the relevance of recent advances in growth theory for low-income countries and compares the evidence for low-income countries with that for middle-and high-income (OECD) countries. [Discussion Paper No. 2001/84]

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File URL: http://www.wider.unu.edu/sites/default/files/dp2001-84.pdf
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Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper DP2001/84.

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Length: 30 pages
Date of creation: 2001
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Handle: RePEc:unu:wpaper:dp2001-84
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