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Back Matter

Back Matter »

Source: Economic Stabilization and Growth in Portugal

Series: Occasional Papers

Author(s): Hans Schmitt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 1981

ISBN: 9781557750617

Keywords: Economic growth, balance of payments, domestic credit, wages, credit expansion, domestic credit expansion

This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major...

Front Matter

Front Matter »

Source: Economic Stabilization and Growth in Portugal

Series: Occasional Papers

Author(s): Hans Schmitt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 April 1981

ISBN: 9781557750617

Keywords: Economic growth, balance of payments, domestic credit, wages, credit expansion, domestic credit expansion

This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major...

Efficiency-Adjusted Public Capital and Growth

Efficiency-Adjusted Public Capital and Growth »

Source: Efficiency-Adjusted Public Capital and Growth

Volume/Issue: 2011/217

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Alvar Kangur , Abdoul Wane , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

ISBN: 9781463903503

Keywords: Public capital stock, public investment efficiency, appraisal, selection, implementation, evaluation of public investment, growth accounting, public investment, capital stock, investment management

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant...

Emerging Markets in Transition

Emerging Markets in Transition »

Source: Emerging Markets in Transition : Growth Prospects and Challenges

Volume/Issue: 2014/6

Series: Staff Discussion Notes

Author(s): Luis Cubeddu , Alexander Culiuc , Ghada Fayad , Yuan Gao , Kalpana Kochhar , Annette Kyobe , Ceyda Oner , Roberto Perrelli , Sarah Sanya , Evridiki Tsounta , and Zhongxia Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2014

ISBN: 9781498327664

Keywords: Emerging markets, growth, potential growth, convergence, heterogeneity, structural reform, productivity, terms of trade, trading partners, commodity prices

After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the po...

Estimation of Economic Growth in France Using Business Survey Data1

Estimation of Economic Growth in France Using Business Survey Data1 »

Source: Estimation of Economic Growth in France Using Business Survey Data

Volume/Issue: 2004/69

Series: IMF Working Papers

Author(s): Alain Kabundi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2004

ISBN: 9781451849097

Keywords: Dynamic factor models, survey data, forecasting, surveys, growth rate, economic growth, economic growth rate, Multiple or Simultaneous Equation Models: Models with Panel Data, Survey Methods, Forecasting and Other Model Applications

This paper proposes a new way of computing a coincident indicator for economic activity in France using data from business surveys. We use the generalized dynamic factor model à la Forni and others (2000) to extrac...

Eurosclerosis or Financial Collapse

Eurosclerosis or Financial Collapse »

Source: Eurosclerosis or Financial Collapse : Why Did Swedish Incomes Fall Behind?

Volume/Issue: 2005/29

Series: IMF Working Papers

Author(s): Valerie Cerra , and Sweta Saxena

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

ISBN: 9781451860481

Keywords: Welfare State, Output Loss, unemployment, economic growth, per capita income, business cycle, Economywide Country Studies: Europe, Economic Growth of Open Economies, Structure, Scope

Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or sluggish growt...

Expenditure Composition and Distortionary Tax for Equitable Economic Growth

Expenditure Composition and Distortionary Tax for Equitable Economic Growth »

Source: Expenditure Composition and Distortionary Tax for Equitable Economic Growth

Volume/Issue: 2006/165

Series: IMF Working Papers

Author(s): Hyun Park

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451864250

Keywords: allocative and redistributive policy, endogeneity, government spending, expenditure, tax rates, government expenditure, National Government Expenditures and Related Policies: General, Economic Growth and Aggregate Productivity: General,

This paper continues the study of optimal fiscal policy in a growing economy by exploring a case in which the government simultaneously provides three main categories of expenditures with distortionary tax finance:...

Explaining Russia's Output Collapse

Explaining Russia's Output Collapse »

Source: Explaining Russia's Output Collapse : Aggregate Sources and Regional Evidence

Volume/Issue: 2001/16

Series: IMF Working Papers

Author(s): Irina Dolinskaya , and Irina Tytell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2001

ISBN: 9781451843408

Keywords: Growth, transition, tfp, capital stock, growth accounting, growth rates, Saving, Production, Employment, And Investment

This paper explores sources of the output collapse in Russia during transition. A modified growth accounting framework is developed that takes into account changes in factor utilization typical of the transition pr...

Exports, Inflation, and Growth

Exports, Inflation, and Growth »

Source: Exports, Inflation, and Growth

Volume/Issue: 1997/119

Series: IMF Working Papers

Author(s): Thorvaldur Gylfason

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

ISBN: 9781451854138

Keywords: Trade, Natural Resources, Economic Growth, export ratio, closed economies, open economies, high inflation

This paper identifies some of the main determinants of exports and economic growth in cross-sectional data from the World Bank, covering 160 countries in the period 1985-1994. First, the linkages between the propen...

External Imbalances in the Euro Area

External Imbalances in the Euro Area »

Source: External Imbalances in the Euro Area

Volume/Issue: 2012/236

Series: IMF Working Papers

Author(s): Ruo Chen , Gian Milesi-Ferretti , and Thierry Tressel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2012

ISBN: 9781475524673

Keywords: euro area, external imbalances, financial integration, terms of trade shocks, trading partner, trading partners, trade shocks, commodity exporters, domestic demand, Institutions and the Macroeconomy

The paper examines the extent to which current account imbalances of euro area countries are related to intra-euro area factors and to external trade shocks. We argue that the traditional explanations for the risin...