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Can Statistical Capacity Building Help Reduce Procyclical Fiscal Policy?

Title: Can Statistical Capacity Building Help Reduce Procyclical Fiscal Policy?
Authors: Tapsoba, Sampawende J.‐A.; Noumon, Codjo Neree; York, Robert C.
Source: Journal of International Development ; volume 29, issue 4, page 407-430 ; ISSN 0954-1748 1099-1328
Publisher Information: Wiley
Publication Year: 2017
Collection: Wiley Online Library (Open Access Articles via Crossref)
Description: Few papers have attempted to assess the role of ‘capacity’, especially in the area of macroeconomic statistics. Consequently, we make an attempt to advance this literature through the construction of a ‘statistical capacity building index’ and then test its explanatory power on the cyclicality of government spending. Using panel data from 62 developing countries, we find evidence that improvements in this index are associated with less procyclicality of government spending over the period 1990–2012, with the significance of this relationship dependent upon the quality of administrative and technical capacity of budgetary institutions. Copyright © 2017 John Wiley & Sons, Ltd.
Document Type: article in journal/newspaper
Language: English
DOI: 10.1002/jid.3273
Availability: https://doi.org/10.1002/jid.3273; https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1002%2Fjid.3273; https://onlinelibrary.wiley.com/doi/pdf/10.1002/jid.3273
Rights: http://onlinelibrary.wiley.com/termsAndConditions#vor
Accession Number: edsbas.169CE2C4
Database: BASE