Arbeitspapier
Fiscal Policy And Growth in Developing Asia
In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The region's overall level of taxes and government spending are substantially lower than those prevailing in advanced economies. Nevertheless, there are conceptual grounds why fiscal policy, including the composition of taxes and government spending, can have a significant effect on growth, as our empirical analysis shows. In line with economic theory, property taxes have a more benign impact on growth than direct taxes, and spending more on education has a sizable positive impact on growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: ADB Economics Working Paper Series ; No. 412
- Klassifikation
-
Wirtschaft
Taxation, Subsidies, and Revenue: General
National Government Expenditures and Related Policies: General
- Thema
-
fiscal policy
growth
taxation
government spending
Asia
Finanzpolitik
Besteuerungsverfahren
Öffentliche Ausgaben
Wirtschaftswachstum
Asien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Abdon, Arnelyn May
Estrada, Gemma Esther
Lee, Minsoo
Park, Donghyun
- Ereignis
-
Veröffentlichung
- (wer)
-
Asian Development Bank (ADB)
- (wo)
-
Manila
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Abdon, Arnelyn May
- Estrada, Gemma Esther
- Lee, Minsoo
- Park, Donghyun
- Asian Development Bank (ADB)
Entstanden
- 2014