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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Abdon, Arnelyn May
  • Estrada, Gemma Esther
  • Lee, Minsoo
  • Park, Donghyun
  • Asian Development Bank (ADB)

Entstanden

  • 2014

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