A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger

The authors apply the dynamic macroeconomic framework developed by Agénor, Bayraktar, and El Aynaoui (2004) to Niger. As in the original model, linkages between foreign aid, public investment (disaggregated into education, infrastructure, and health), and growth are explicitly captured. Although the...

Full description

Bibliographic Details
Main Authors:	Pinto Moreira, Emmanuel, Bayraktar, Nihal
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCELERATOR ACCELERATOR EFFECT ACCOUNTING ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURE BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION BORROWING BUDGETARY ASSISTANCE CAPITAL FORMATION CENTRAL BANK CIVIL SERVICE COMPETITIVENESS CORPORATE INCOME TAXES CURRENCY CURRENT ACCOUNT CURRENT PRICES DEBT DEBT RELIEF DEBT SERVICE DEFICIT FINANCING DEPOSITS DEVALUATION DEVELOPMENT ASSISTANCE DIRECT INVESTMENT DISPOSABLE INCOME DOMESTIC BORROWING ECONOMIC BOOM ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC STRUCTURE ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUATIONS EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES EXPLOITATION EXPORTS FINANCIAL INTERMEDIATION FISCAL POLICIES FOREIGN ASSETS GDP GINI COEFFICIENT GNP GNP PER CAPITA GOVERNMENT SPENDING GROWTH RATE HEALTH SERVICES HUMAN DEVELOPMENT IMPORTS INCOME INFLATION INTEREST PAYMENTS INTEREST RATE INVESTMENT POLICY INVESTMENT SPENDING LINKAGES LIVING CONDITIONS LIVING STANDARDS MACROECONOMIC STABILITY MARGINAL PRODUCTIVITY MARKET PRICES MINES MONETARY POLICIES MORAL HAZARD POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRIVATE INVESTMENT PRODUCTION FUNCTION PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING REAL GDP REVENUE MOBILIZATION REVENUE PERFORMANCE ROADS SAVINGS SIDE EFFECTS STOCKS STRUCTURAL ADJUSTMENT TAX TAX COLLECTION TAX REVENUE TAXATION TELECOMMUNICATIONS TRADE UNIONS UNEMPLOYMENT URBANIZATION VALUE OF OUTPUT WAGES
Online Access:	http://hdl.handle.net/10986/8851

id	okr-10986-8851
recordtype	oai_dc
spelling	okr-10986-88512017-12-13T13:57:24Z A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger Pinto Moreira, Emmanuel Bayraktar, Nihal ACCELERATOR ACCELERATOR EFFECT ACCOUNTING ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURE BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION BORROWING BUDGETARY ASSISTANCE CAPITAL FORMATION CENTRAL BANK CIVIL SERVICE COMPETITIVENESS CORPORATE INCOME TAXES CURRENCY CURRENT ACCOUNT CURRENT PRICES DEBT DEBT RELIEF DEBT SERVICE DEFICIT FINANCING DEPOSITS DEVALUATION DEVELOPMENT ASSISTANCE DIRECT INVESTMENT DISPOSABLE INCOME DOMESTIC BORROWING ECONOMIC BOOM ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC STRUCTURE ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUATIONS EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES EXPLOITATION EXPORTS FINANCIAL INTERMEDIATION FISCAL POLICIES FOREIGN ASSETS GDP GINI COEFFICIENT GNP GNP PER CAPITA GOVERNMENT SPENDING GROWTH RATE HEALTH SERVICES HUMAN DEVELOPMENT IMPORTS INCOME INFLATION INTEREST PAYMENTS INTEREST RATE INVESTMENT POLICY INVESTMENT SPENDING LINKAGES LIVING CONDITIONS LIVING STANDARDS MACROECONOMIC STABILITY MARGINAL PRODUCTIVITY MARKET PRICES MINES MONETARY POLICIES MORAL HAZARD POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRIVATE INVESTMENT PRODUCTION FUNCTION PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING REAL GDP REVENUE MOBILIZATION REVENUE PERFORMANCE ROADS SAVINGS SIDE EFFECTS STOCKS STRUCTURAL ADJUSTMENT TAX TAX COLLECTION TAX REVENUE TAXATION TELECOMMUNICATIONS TRADE UNIONS UNEMPLOYMENT URBANIZATION VALUE OF OUTPUT WAGES The authors apply the dynamic macroeconomic framework developed by Agénor, Bayraktar, and El Aynaoui (2004) to Niger. As in the original model, linkages between foreign aid, public investment (disaggregated into education, infrastructure, and health), and growth are explicitly captured. Although the nominal exchange rate is fixed, the relative price of domestic goods is endogenous, thereby allowing for potential Dutch disease effects associated with increases in aid. The authors assess the impact of policy shocks on poverty by using partial growth elasticities. They perform various policy experiments, including an increase in the level of foreign aid, a reallocation of public investment toward infrastructure, and neutral and non-neutral cuts in tariffs. The simulations show the dynamic tradeoffs that these policies entail with respect to growth and poverty reduction in Niger. 2012-06-22T20:04:48Z 2012-06-22T20:04:48Z 2005-02 http://hdl.handle.net/10986/8851 English Policy Research Working Paper; No. 3506 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Niger
repository_type	Digital Repository
institution_category	Foreign Institution
institution	World Bank
building	World Bank Open Knowledge Repository
collection	Online Access
language	English
topic	ACCELERATOR ACCELERATOR EFFECT ACCOUNTING ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURE BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION BORROWING BUDGETARY ASSISTANCE CAPITAL FORMATION CENTRAL BANK CIVIL SERVICE COMPETITIVENESS CORPORATE INCOME TAXES CURRENCY CURRENT ACCOUNT CURRENT PRICES DEBT DEBT RELIEF DEBT SERVICE DEFICIT FINANCING DEPOSITS DEVALUATION DEVELOPMENT ASSISTANCE DIRECT INVESTMENT DISPOSABLE INCOME DOMESTIC BORROWING ECONOMIC BOOM ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC STRUCTURE ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUATIONS EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES EXPLOITATION EXPORTS FINANCIAL INTERMEDIATION FISCAL POLICIES FOREIGN ASSETS GDP GINI COEFFICIENT GNP GNP PER CAPITA GOVERNMENT SPENDING GROWTH RATE HEALTH SERVICES HUMAN DEVELOPMENT IMPORTS INCOME INFLATION INTEREST PAYMENTS INTEREST RATE INVESTMENT POLICY INVESTMENT SPENDING LINKAGES LIVING CONDITIONS LIVING STANDARDS MACROECONOMIC STABILITY MARGINAL PRODUCTIVITY MARKET PRICES MINES MONETARY POLICIES MORAL HAZARD POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRIVATE INVESTMENT PRODUCTION FUNCTION PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING REAL GDP REVENUE MOBILIZATION REVENUE PERFORMANCE ROADS SAVINGS SIDE EFFECTS STOCKS STRUCTURAL ADJUSTMENT TAX TAX COLLECTION TAX REVENUE TAXATION TELECOMMUNICATIONS TRADE UNIONS UNEMPLOYMENT URBANIZATION VALUE OF OUTPUT WAGES
spellingShingle	ACCELERATOR ACCELERATOR EFFECT ACCOUNTING ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURE BALANCE OF PAYMENTS BANKING SECTOR BANKING SYSTEM BASIC EDUCATION BORROWING BUDGETARY ASSISTANCE CAPITAL FORMATION CENTRAL BANK CIVIL SERVICE COMPETITIVENESS CORPORATE INCOME TAXES CURRENCY CURRENT ACCOUNT CURRENT PRICES DEBT DEBT RELIEF DEBT SERVICE DEFICIT FINANCING DEPOSITS DEVALUATION DEVELOPMENT ASSISTANCE DIRECT INVESTMENT DISPOSABLE INCOME DOMESTIC BORROWING ECONOMIC BOOM ECONOMIC GROWTH ECONOMIC RECOVERY ECONOMIC STRUCTURE ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUATIONS EQUILIBRIUM EXCHANGE RATE EXOGENOUS VARIABLES EXPLOITATION EXPORTS FINANCIAL INTERMEDIATION FISCAL POLICIES FOREIGN ASSETS GDP GINI COEFFICIENT GNP GNP PER CAPITA GOVERNMENT SPENDING GROWTH RATE HEALTH SERVICES HUMAN DEVELOPMENT IMPORTS INCOME INFLATION INTEREST PAYMENTS INTEREST RATE INVESTMENT POLICY INVESTMENT SPENDING LINKAGES LIVING CONDITIONS LIVING STANDARDS MACROECONOMIC STABILITY MARGINAL PRODUCTIVITY MARKET PRICES MINES MONETARY POLICIES MORAL HAZARD POPULATION GROWTH POVERTY LINE PRESENT VALUE PRIVATE CONSUMPTION PRIVATE INVESTMENT PRODUCTION FUNCTION PUBLIC DEBT PUBLIC EMPLOYMENT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING REAL GDP REVENUE MOBILIZATION REVENUE PERFORMANCE ROADS SAVINGS SIDE EFFECTS STOCKS STRUCTURAL ADJUSTMENT TAX TAX COLLECTION TAX REVENUE TAXATION TELECOMMUNICATIONS TRADE UNIONS UNEMPLOYMENT URBANIZATION VALUE OF OUTPUT WAGES Pinto Moreira, Emmanuel Bayraktar, Nihal A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger
geographic_facet	Africa Niger
relation	Policy Research Working Paper; No. 3506
description	The authors apply the dynamic macroeconomic framework developed by Agénor, Bayraktar, and El Aynaoui (2004) to Niger. As in the original model, linkages between foreign aid, public investment (disaggregated into education, infrastructure, and health), and growth are explicitly captured. Although the nominal exchange rate is fixed, the relative price of domestic goods is endogenous, thereby allowing for potential Dutch disease effects associated with increases in aid. The authors assess the impact of policy shocks on poverty by using partial growth elasticities. They perform various policy experiments, including an increase in the level of foreign aid, a reallocation of public investment toward infrastructure, and neutral and non-neutral cuts in tariffs. The simulations show the dynamic tradeoffs that these policies entail with respect to growth and poverty reduction in Niger.
format	Publications & Research :: Policy Research Working Paper
author	Pinto Moreira, Emmanuel Bayraktar, Nihal
author_facet	Pinto Moreira, Emmanuel Bayraktar, Nihal
author_sort	Pinto Moreira, Emmanuel
title	A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger
title_short	A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger
title_full	A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger
title_fullStr	A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger
title_full_unstemmed	A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger
title_sort	macroeconomic framework for quantifying growth and poverty reduction strategies in niger
publisher	World Bank, Washington, DC
publishDate	2012
url	http://hdl.handle.net/10986/8851
_version_	1610772673346928640

A Macroeconomic Framework for Quantifying Growth and Poverty Reduction Strategies in Niger

Similar Items