Hidden Bibliographic Details
Other authors / contributors: | Rodríguez, Hugo (Assistant Professor)
Schwartz, Gerd.
International Monetary Fund. Fiscal Affairs Department.
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ISBN: | 1283555786 9781283555784 1451903324 9781451903324 9781451979664 1451979665 1462302440 9781462302444 1452743134 9781452743134 9786613868237 661386823X
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ISSN: | 2227-8885
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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. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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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.
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Other form: | Print version: Clements, Benedict J. Economic determinants of government subsidies. [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Department, ©1998
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Standard no.: | 10.5089/9781451903324.001
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