Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115458
Authors: 
Baca Campodónico, Jorge F.
Peschiera Cassinelli, Jorge R.
Mesones, Jorge A.
Year of Publication: 
2014
Series/Report no.: 
IDB Working Paper Series IDB-WP-490
Abstract: 
The Peruvian economy has exhibited remarkable growth in the past 20 years. Good tax and monetary policies, along with comprehensive structural adjustment, which has attracted substantial foreign investment, are regarded as the pillars of this success. Notwithstanding the advances experienced on reducing poverty, lowering inequality and unemployment continue to be elusive targets for the Peruvian government and constitute main causes of social unrest. This paper assesses the impact of Peruvian public expenditures in education, health, and infrastructure on economic growth, poverty, and income distribution in the past 20 years using a Dynamic Computable General Equilibrium Model (DCGEM), which is an economy-wide model that describes the behavior of producers and consumers and the linkages among them.
Subjects: 
Computable general equilibrium models
public expenditures
health
education
infrastructure
JEL: 
C68
H50
H51
H52
H54
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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