Political institutions, inequality, and agricultural growth : the public expenditure connection / Hunt Allcott, Daniel Lederman, Ramón López

"This paper brings together the literatures on the political economy of public expenditures and the determinants of economic growth. Based on a new dataset of rural public expenditures in a panel of Latin American economies, the econometric evidence suggests that non-social subsidies reduce agr...

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Bibliographic Details
Main Authors:Lederman, Daniel
Corporate Authors:World Bank
Other Authors:Allcott, Hunt
López, Ramón, 1948-
Format: Online-Resource
Language:English
Published:[Washington, D.C] : World Bank, [2006]
Series:Policy research working paper
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Online Access:kostenfrei
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Summary:"This paper brings together the literatures on the political economy of public expenditures and the determinants of economic growth. Based on a new dataset of rural public expenditures in a panel of Latin American economies, the econometric evidence suggests that non-social subsidies reduce agricultural GDP. Furthermore, the evidence suggests that political and institutional factors as well as income inequality are determinants of the size and structure of rural public expenditures, through which they have large and significant effects on agricultural GDP. "--World Bank web site
Item Description:Includes bibliographical references
Physical Description:1 Online-Ressource (42 Seiten) Diagramme, Tabellen