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| HAL : halshs-00667201, version 1 |
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| Do National Numerical Fiscal Rules Really Shape Fiscal Behaviours in Developing Countries? A Treatment Effect Evaluation |
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| Rene Tapsoba 1 |
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| (07/02/2012) |
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| This paper analyses the effect of National Numerical Fiscal Rules (FRs) upon fiscal discipline in 74 developing countries over the period 1990-2007. It is the first study that assesses the impact of FRs on budgetary outcomes while controlling for the self-selection problem. It finds that the effect of FRs on structural fiscal balance is significantly positive, robust to a variety of alternative specifications, and varies with the type of FRs. It also finds that the treatment effect differs according to countries characteristics: number of FRs, time length since FRs adoption, presence of supranational FRs, government fractionalisation and government stability. |
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| 1 : | Centre d'études et de recherches sur le developpement international (CERDI) |
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CNRS : UMR6587 – Université d'Auvergne - Clermont-Ferrand I |
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| Discipline | : | Sciences de l'Homme et Société/Economies et finances |
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| Fiscal rules – Fiscal discipline – Treatment effect – Propensity Scores-Matching – developing countries |
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| halshs-00667201, version 1 | |
| http://halshs.archives-ouvertes.fr/halshs-00667201 | |
| oai:halshs.archives-ouvertes.fr:halshs-00667201 | |
| Contributeur : Cerdi Etudes & Documents - Publications | |
| Déposé pour le compte de : | |
| Soumis le : Mardi 7 Février 2012, 10:53:20 | |
| Dernière modification le : Mercredi 8 Février 2012, 10:24:37 | |
