Budget Institutions and Fiscal Performance in Low-Income Countries
By S. Gollwitzer, Eteri Kvintradze, T. Prakash, Luis-Felipe Zanna, Era Dabla‐Norris, Richard I Allen, Irene Yackovlev, V. Lledo. Social Science Research Network, 2010
140 citations recorded by the source corpus.
This paper presents, for the first time, multi-dimensional indices of the quality of budget institutions in low-income countries. The indices allow for benchmarking against the performance of middle-income countries, across regions, and according to different institutional arrangements that deliver good fiscal performance. Using the constructed indices, the paper provides preliminary empirical support for the hypotheses that strong budget institutions help improve fiscal balances and public external debt outcomes; and countries with stronger fiscal institutions have better scope to conduct countercyclical policies.
View Paper: https://www.semanticscholar.org/paper/87799d04a9b54a1de6c93fb23af8e36c079f6494
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- Era Dabla‐Norris
- Jim Brumby
- A. Kyobe
- C. Papageorgiou
- Z. Mills
- Nikos Benos
Citations in the corpus
- Fiscal Transparency, Fiscal Performance and Credit Ratings (2012, unknown): “Dabla-Norris et al. (2010) use the IMF’s ROSCs for fiscal transparency as a dimension of the quality of budget institutions index that they construct for a large sample of low-income countries.”
- Conditional political budget cycles: a review of recent evidence (2013, unknown): “increases in spending categories that are visible and easily targeted, such as construction of roads and physical structures (Gonzales 2002; Kneebone and McKenzie 2001; Drazen and Eslava 2006, 2010). Likewise, Potrafke (2010) reports an increase in the growth of public health expenditure in election”
- Investing in public investment: an index of public investment efficiency (2012, methodology): “…7 presents rank pair-wise correlations of the overall PIMI index with five existing relevant indices: the Budget Institution index constructed by 18 Dabla-Norris et al. (2010), Kaufman-Kraay governance indicators (including Government Effectiveness, the average of the Governance Indicators, and…”