Economic determinants of government subsidies /

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Bibliographic Details
Author / Creator:Clements, Benedict J.
Imprint:[Washington, D.C.] : International Monetary Fund, Fiscal Affairs Department, [1998]
©1998
Description:1 online resource (32 pages).
Language:English
Series:IMF working paper, 2227-8885 ; WP/98/166
IMF working paper (Online) ; WP/98/166.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497702
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Other authors / contributors:Rodríguez, Hugo (Assistant Professor)
Schwartz, Gerd.
International Monetary Fund. Fiscal Affairs Department.
ISBN:1283555786
9781283555784
1451903324
9781451903324
9781451979664
1451979665
1462302440
9781462302444
1452743134
9781452743134
9786613868237
661386823X
ISSN:2227-8885
Notes:"December 1998."
Includes bibliographical references (pages 30-32).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Annotation The paper studies the economic determinants of government subsidies using panel data for 40 countries over 18 years (from 1975 to 1992) and finds that individual country-specific factors play a sizeable role in determining government subsidies. But it also suggests several characteristicsa small government, a small external current account deficit, and a productive structure geared more toward services and agriculture than manufacturingmay make it easier to keep subsidy expenditures down. the paper also suggests that globalization and the associated increase in openness are not impediments to reducing subsidies. In itself, an IMF-supported adjustment program is found not to be a significant determinant of government subsidy expenditures.
Other form:Print version: Clements, Benedict J. Economic determinants of government subsidies. [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Department, ©1998
Standard no.:10.5089/9781451903324.001