EconStor >
Institute for Advanced Development Studies (INESAD), La Paz >
Development Research Working Paper Series, Institute for Advanced Development Studies (INESAD) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/45691
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorMachicado, Carlos Gustavoen_US
dc.contributor.authorEstrada, Paulen_US
dc.contributor.authorFlores, Ximenaen_US
dc.date.accessioned2010-10-21en_US
dc.date.accessioned2011-05-26T10:02:47Z-
dc.date.available2011-05-26T10:02:47Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/45691-
dc.description.abstractIt has been widely documented that fiscal policy can promote economic growth, when it is based on an efficient provision of pubic capital. But little work has been done, in Bolivia, in relation to the macroeconomic and sectoral impacts of increasing public investment in infrastructure. This paper develops a Dynamic Stochastic General Equilibrium (DSGE) model for a small open economy with five sectors: Non-tradable or services, importable or manufacturing, hydrocarbons, mining and agriculture. The model is parameterized and solved for the Bolivian economy and several interesting scenarios are simulated by changing government expenditures, taxes, country risk, Total Factor Productivity, effectiveness of public capital and terms of trade. This analysis is relevant for the Bolivian economy, because the government is using fiscal policy as one of its main tool to attack poverty and aims to put public investment as the foremost instruments to promote growth and welfare.en_US
dc.language.isoengen_US
dc.publisherInst. for Advanced Development Studies La Pazen_US
dc.relation.ispartofseriesDevelopment Research Working Paper Series 2010/04en_US
dc.subject.jelE62en_US
dc.subject.jelH54en_US
dc.subject.jelO41en_US
dc.subject.ddc330en_US
dc.subject.keywordFiscal Policyen_US
dc.subject.keywordInfrastructureen_US
dc.subject.keywordMultisector Growth Modelen_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwInfrastrukturinvestitionen_US
dc.subject.stwDynamisches Gleichgewichten_US
dc.subject.stwKleines-offenes-Landen_US
dc.subject.stwMehr-Sektoren-Modellen_US
dc.subject.stwBolivienen_US
dc.titlePublic expenditure policy in Bolivia: Growth and welfareen_US
dc.typeWorking Paperen_US
dc.identifier.ppn637359623en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Development Research Working Paper Series, Institute for Advanced Development Studies (INESAD)

Files in This Item:
File Description SizeFormat
637359623.pdf1.23 MBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.