Title Can statistical capacity building help reduce procyclical fiscal policy in developing countries? / prepared by Neree C.G.M. Noumon, Sampawende J.-A. Tapsoba, and Robert C. York

Published [Washington, D.C.] : International Monetary Fund, [2016] ©2016

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Description 1 online resource (32 pages) : color illustrations Series IMF working paper ; WP/16/209 IMF working paper ; WP/16/209. Contents Cover; Table of Contents; Abstract; Introduction; I. Measuring Statistical Capacity; II. Role of Budget Institutions; III. Empirical Strategy; A. Methodology ; B. Dataset; IV. Results; A. Baseline Estimates; B. Role of Budget Institutions; Budget institutions and the availability of better information; Budget institutions and the use of the information; C. Robustness Tests; V. Conclusion; References; Tables; 1. Statistical Capacity Building and Statistical Capacity; 2. Summary Statistics of the Main Variables; 3. Statistical Capacity Building and the Procyclicality of Fiscal Policy (baseline) 4. Statistical Capacity Building and the Budget Process5. Robustness Analysis: Statistical Capacity Building and the Cyclicality of Fiscal Policy; Figures; 1. Evolution of Technical Assistance Delivery and Composition,1990-2012; 2. Statistical Capacity Building and Stages of the Budget; 3. Statistical Capacity Building and the Quality of Budget Institutions; Appendices; I. Country List; II. Key Variables; III. Granger Causality Tests Between Expenditure Growth and GDP Growth; IV. Different Dimensions of Budget Institutions Summary 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 Notes "November 2016." At head of title: International Monetary Fund, Statistics Department Bibliography Includes bibliographical references (pages 30-32) Notes Online resource; title from pdf title page (IMF.org Web site, viewed November 28, 2016) Subject Fiscal policy -- Developing countries Industrial capacity -- Developing countries -- Mathematical models Government spending policy -- Developing countries Fiscal policy Government spending policy Industrial capacity -- Mathematical models Developing countries Form Electronic book Author Tapsoba, Sampawende J.-A. (Sampawende Jules-Armand), author, (IMF staff) York, Robert C. (Robert Christopher), 1962- author, (IMF staff) International Monetary Fund, publisher. International Monetary Fund. Statistics Department, issuing body. ISBN 9781475552003 1475552009 1475554249 9781475554243

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