Series: IMF Working Papers
Author(s): Benedict Clements , Hugo Rodríguez , and Gerd Schwartz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1998
Keywords: government subsidies, government expenditures, subsidies, expenditures, expenditure, subsidy, government expenditure
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 det...