Public Spending During Growth Accelerations and Decelerations: Exploring the Interaction of the Business Cycle and Control of Corruption

• Main Authors: Mendoza, Ronald U, Doytch, Nadia, Greenstein, Joshua P
• Format: text
• Published: Archīum Ateneo 2012
• Subjects: business cycle; governance; social spending; fiscal space; countercyclical fiscal policy; Economic Policy; Public Affairs, Public Policy and Public Administration
• Online Access: https://archium.ateneo.edu/asog-pubs/105; https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1988108
• Institution: Ateneo De Manila University

The present paper analyzes the cyclicality of public spending on key social, economic and military sectors, including agriculture, education, health, social protection, transportation and military spending using data available for up to 40 developing countries spanning the period from 1980 to 2004....