Volume/Issue: 2017/253
Series: IMF Working Papers
Author(s):
Rui Xu
, and
Kaiji Gong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
November
2017
DOI: http://dx.doi.org/10.5089/9781484326008.001
ISBN: 9781484326008
We analyze the impact of rising import competition from China on U.S. innovative activities.
Using Compustat data, we find that import competition induces R&D expenditures to be
reallocated towards more productive...
Volume/Issue: 2016/233
Series: IMF Working Papers
Author(s):
Vitor Gaspar
,
Laura Jaramillo
, and
Philippe Wingender
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
December
2016
DOI: http://dx.doi.org/10.5089/9781475558142.001
ISBN: 9781475558142
An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 12¾ percent, real GDP per capita increases sharply and in a sustained manner over the...
Volume/Issue: 2014/9
Series: Staff Discussion Notes
Author(s):
Ratna Sahay
,
Vivek Arora
,
Athanasios Arvanitis
,
Hamid Faruqee
,
Papa N'Diaye
, and
Tommaso Mancini Griffoli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
October
2014
DOI: http://dx.doi.org/10.5089/9781498318204.006
ISBN: 9781498318204
Accommodative monetary policies in advanced economies have spurred increased capital inflows into emerging markets since the global financial crisis. Starting in May 2013, when the Federal Reserve publicly discusse...
Volume/Issue: 2012/52
Series: IMF Working Papers
Author(s):
Santanu Chatterjee
, and
Azer Mursagulov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2012
DOI: http://dx.doi.org/10.5089/9781463937133.001
ISBN: 9781463937133
Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper examines the mechanism through which public infrastructure spending affects the dynamics of the rea...
Volume/Issue: 2010/123
Series: IMF Working Papers
Author(s):
Magda Kandil
, and
Hanan Morsy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2010
DOI: http://dx.doi.org/10.5089/9781455200825.001
ISBN: 9781455200825
Across a sample of thirty four emerging countries, the evidence shows the frequent existence of a pro-cyclical fiscal impulse. However, the scope for countercyclical policy increases with the availability of intern...
Volume/Issue: 2008/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
June
2008
DOI: http://dx.doi.org/10.5089/9781451825947.002
ISBN: 9781451825947
The strategy that has the best chance of allowing the Republic of Marshall Islands (RMI) to achieve fiscal sustainability after FY2023 involves substantial fiscal consolidation. The alternative (policy action) scen...
Volume/Issue: 2008/111
Series: IMF Working Papers
Author(s):
Daria Zakharova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2008
DOI: http://dx.doi.org/10.5089/9781451869712.001
ISBN: 9781451869712
This paper reviews some broad principles of fiscal coverage, building on cross-country experience. It discusses the level of coverage that would be appropriate to conduct good quality fiscal analysis, while strikin...
Volume/Issue: 2008/7
Series: IMF Working Papers
Author(s):
Tamás Papp
, and
Elöd Takáts
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2008
DOI: http://dx.doi.org/10.5089/9781451868692.001
ISBN: 9781451868692
The paper shows how tax rate cuts can increase revenues by improving tax compliance. The intuition is that tax evasion has externalities: tax evaders protect each other, because they tie down limited enforcement ca...
Volume/Issue: 2006/252
Series: IMF Working Papers
Author(s):
Anoop Singh
, and
Martin Cerisola
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2006
DOI: http://dx.doi.org/10.5089/9781451865127.001
ISBN: 9781451865127
This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the c...
Volume/Issue: 2004/157
Series: IMF Working Papers
Author(s):
Benedict Clements
,
Sanjeev Gupta
,
Emanuele Baldacci
, and
Carlos Mulas-Granados
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2004
DOI: http://dx.doi.org/10.5089/9781451857528.001
ISBN: 9781451857528
This paper investigates the political and economic determinants of successful fiscal adjustment in 25 emerging market economies from 1980 to 2001. The results show that large and back-loaded fiscal adjustments have...