The role of institutional quality on fiscal consolidation in developing countries
This paper examines the effect of institutional quality on the effort of fiscal consolidation in developing countries during 1980-2008. The panel generalized method of moments (GMM) results indicate that better quality of institutions tend to reduce the deficit budget accounts and the debt-to-GDP ra...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2012
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| Online Access: | http://psasir.upm.edu.my/id/eprint/51269/ http://psasir.upm.edu.my/id/eprint/51269/1/12-20.pdf |
| _version_ | 1848851786578788352 |
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| author | Ng, Chee Hung Law, Siong Hook |
| author_facet | Ng, Chee Hung Law, Siong Hook |
| author_sort | Ng, Chee Hung |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper examines the effect of institutional quality on the effort of fiscal consolidation in developing countries during 1980-2008. The panel generalized method of moments (GMM) results indicate that better quality of institutions tend to reduce the deficit budget accounts and the debt-to-GDP ratios in developing countries. The stronger institutions allow these countries to involve in more fiscal expansionary programs as well as to achieve a higher sustainable level of debts. |
| first_indexed | 2025-11-15T10:27:43Z |
| format | Conference or Workshop Item |
| id | upm-51269 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:27:43Z |
| publishDate | 2012 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-512692017-04-03T07:44:02Z http://psasir.upm.edu.my/id/eprint/51269/ The role of institutional quality on fiscal consolidation in developing countries Ng, Chee Hung Law, Siong Hook This paper examines the effect of institutional quality on the effort of fiscal consolidation in developing countries during 1980-2008. The panel generalized method of moments (GMM) results indicate that better quality of institutions tend to reduce the deficit budget accounts and the debt-to-GDP ratios in developing countries. The stronger institutions allow these countries to involve in more fiscal expansionary programs as well as to achieve a higher sustainable level of debts. Faculty of Economics and Management, Universiti Putra Malaysia 2012 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/51269/1/12-20.pdf Ng, Chee Hung and Law, Siong Hook (2012) The role of institutional quality on fiscal consolidation in developing countries. In: National Research & Innovation Conference for Graduate Students in Social Sciences (GS-NRIC 2012), 7-9 Dec. 2012, Mahkota Hotel, Melaka. (pp. 400-413). |
| spellingShingle | Ng, Chee Hung Law, Siong Hook The role of institutional quality on fiscal consolidation in developing countries |
| title | The role of institutional quality on fiscal consolidation in developing countries |
| title_full | The role of institutional quality on fiscal consolidation in developing countries |
| title_fullStr | The role of institutional quality on fiscal consolidation in developing countries |
| title_full_unstemmed | The role of institutional quality on fiscal consolidation in developing countries |
| title_short | The role of institutional quality on fiscal consolidation in developing countries |
| title_sort | role of institutional quality on fiscal consolidation in developing countries |
| url | http://psasir.upm.edu.my/id/eprint/51269/ http://psasir.upm.edu.my/id/eprint/51269/1/12-20.pdf |