Linking public investment programs and SPAHD macro models
Subtitle: methodology and application to aid requirements
By: Pierre-Richard Agenor, Nihal Bayraktar, Emmanuel Pinto Moreira, Research working paper Collection Title:Policy
Contributors: Bayraktar, Nihal; World Bank
Series: Policy research working paper -- 3944; Policy research working papers (Online) -- 3944.
Publisher: World Bank
Published: 2006
Place of publication: Washington, D.C
Language: eng
Format: [electronic resource] :
Subjects: Public investments; Econometric models
Description: "The authors propose a "bottom up" approach to link public investment programs with a class of macro models recently developed to quantify Strategy Papers for Human Development (SPAHD) in low-income countries.  The methodology involves establishing constant-price projections of investment outlays (disaggregated into infrastructure, education, and health), spending on maintenance and other goods and services, salaries, and user charges.  These estimates are incorporated in a SPAHD macro framework to calculate, under alternative scenarios, domestic financing, foreign borrowing, and aid requirements.  The authors also evaluate the impact on growth and indicators associated with the Millennium Development Goals.  They use illustrative applications, based on a SPAHD model for Niger, to highlight the link between tax reform and aid requirements. "--World Bank web site.
Notes: Title from PDF file as viewed on 8/28/2006.

Includes bibliographical references.

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