Carregant...
Tipus de document
Document de treballData de publicació
Llicència de publicació
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/191699
Does economic complexity reduce the probability of a fiscal crisis?
Títol de la revista
Director/Tutor
ISSN de la revista
Títol del volum
Recurs relacionat
Resum
Higher economic complexity of a country reduces the probability of suffering a fiscal crisis between 46% and 57%. Along with institutional factors, complexity is shown to be sufficient to describe the risk of facing episodes of fiscal distress. On the contrary, the role of variables frequently emphasized by the literature and policy markets, such as the debt-output ratio, real growth, inflation, terms of trade or fiscal balance, is very modest or insignificant. Development strategies that aim for greater economic complexity also promise to reduce countries’ fiscal vulnerability
Matèries
Matèries (anglès)
Citació
Citació
GÓMEZ-GONZÁLEZ, José e., URIBE GIL, Jorge mario, VALENCIA, Oscar m.. Does economic complexity reduce the probability of a fiscal crisis?. _IREA – Working Papers_. 2022. Vol. IR22/18. [consulta: 27 de gener de 2026]. [Disponible a: https://hdl.handle.net/2445/191699]