Political Institutions, Inequality, And Agricultural Growth : The Public Expenditure Connection [book]

Daniel Lederman, Hunt Allcott, Ramon Lopez
2006 Policy Research Working Papers  
This paper brings together the literatures on the political economy of public expenditures and the determinants of economic growth. Based on a new dataset of rural public expenditures in a panel of Latin American economies, the econometric evidence suggests that non-social subsidies reduce agricultural GDP. Furthermore, the evidence suggests that political and institutional factors as well as income inequality are determinants of the size and structure of rural public expenditures, through
more » ... tures, through which they have large and significant effects on agricultural GDP. JEL Classification: H11, E62, O11, N56. . 2005. "An improved method of constructing a database of monthly climate observations and associated high-resolution grids.
doi:10.1596/1813-9450-3902 fatcat:55i2yrmm2nas7iosscssj3hcai