The impact of structural adjustment reforms on public sector expenditures: Evidence from developing countries

Download

acarindex-1423910167.pdf

Date

2000-1-01

Author

Ghafoor, Abdul
Weiss, John
Jalilian, Hossein

Metadata

Show full item record

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Item Usage Stats

217
views

62
downloads

The paper attempts to analyze the impact of structural adjustment policy reforms on aggregated and disaggregated public expenditure. The study investigates the extent to which structural adjustment reforms were able to reshape public expenditure in developing countries as expected. A comparative analysis has been made of aggregated and disaggregated public expenditure before and after implementing structural adjustment reforms. The model is tested using panel data of sixteen developing countries for the period of 1975-95. The fixed effects technique was used to control for country-specific differences. It was found that although some of the developing countries from our sample have shown a downward trend in total public expenditure, the results become statistically insignificant when we use panel data for total public expenditure. There is evidence that the downward trend in total public expenditure may be due to a cut in public spending on health and education.

URI

https://hdl.handle.net/11511/92117

Journal

ODTÜ Gelişme Dergisi

Collections

Department of Political Science and Public Administration, Article

Suggestions

OpenMETU
Core

The Impact of Macro-Economic Drivers in Housing Markets: The US Cas Yılmaz, Bilgi; Yerlikaya Özkurt, Fatma; Kestel, Sevtap Ayşe (2021-08-01) This paper analyzes the effect of macro-economic, financial and commodity market indicators on housing markets. We compare the efficiency of the models generated by Generalized Linear Models (GLM) and Multivariate Adaptive Regression Splines (MARS) according to method free measures for estimating the housing market trend. These models are used for the first time to identify the influence of macro-economic indicators on housing markets and the estimation of the trend in housing markets to our best knowledge....
The Effects of bank specific, industry specific and macroeconomic factors on bank profitability in OECD countries between 2000-2009 Maltaş, Zeynep; Ayaydın Hacıömeroğlu, Hande; Department of Business Administration (2013) This thesis analyzes the bank-specific, industry-specific and macroeconomic determinants of bank profitability (ROA) in 31 OECD Countries between 2000 and 2009 using a panel data. Each country‟s banking sector is treated as a single representative bank. Fixed effects model is used in the study. Deposits, capitalization, non-interest income, GDP growth are found to have a positive impact on bank profitability while non-performing loans, operating expenses and financial sector development have negative effect...
The Impact of technology level and structural change of exports on the dynamics of international competitiveness : a sctoral disaggregated analysis of Turkish manufacturing sector Şahan, Fatih; Pamukcu, Mehmet Teoman; Department of Economics (2012) The major aim of this thesis is to analyze the impact of structural change of exports and technology level on the international competitiveness. In order to analyze international competitiveness, export market shares are used. The empirical analysis suggested in this thesis includes two steps. In the first step, constant market share analysis is conducted to understand the causes of changes in export market shares from one period to another and in the second step a difference generalized method of moments m...
The impact of international capital flows in a three-sector open economy: a dynamic general equilibrium analysis Akgül, Zeynep; Saraçoğlu, Dürdane Şirin; Department of Economics (2009) This thesis examines the effects of international capital flows on economic growth by using a dynamic general equilibrium framework based on a three-sector Ramsey Model. In order to detect the impact of financial integration on production, allocation of resources across three sectors and consumption, two different economic environments are modelled. While the first model represents a closed economy with financial autarky, the second model examplifies a financially integrated open economy with partial capita...
Assessing domestic debt sustainability of Turkey with a risk management approach Tiftik, Mehmet Emre; Gaygısız Lajunen, Esma; Department of Economics (2006) This thesis analyzes the debt dynamics of Turkey and assesses the sustainability of fisscal policy. The assessment of fiscal policy follows the methodology of Garcia and Rigobon (2004). This approach focuses on the concept of debt sustainability from a risk management perspective and incorporates the effects of stochastic shocks to the economy in its assessment. The results suggest that a continuation of the present fiscal stances will lead to a fiscal unsustainability in Turkey. Furthermore, the results in...

Citation Formats

A. Ghafoor, J. Weiss, and H. Jalilian, “The impact of structural adjustment reforms on public sector expenditures: Evidence from developing countries,” ODTÜ Gelişme Dergisi, vol. 27, no. 1, pp. 119–132, 2000, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/92117.