{"id":"https://openalex.org/W3133409136","doi":"https://doi.org/10.18235/0003057","title":"Fiscal Rules and the Behavior of Public Investment in Latin America and the Caribbean: Towards Growth-Friendly Fiscal Policy?: The case of Argentina","display_name":"Fiscal Rules and the Behavior of Public Investment in Latin America and the Caribbean: Towards Growth-Friendly Fiscal Policy?: The case of Argentina","publication_year":2021,"publication_date":"2021-02-19","ids":{"openalex":"https://openalex.org/W3133409136","doi":"https://doi.org/10.18235/0003057","mag":"3133409136"},"language":"en","primary_location":{"id":"doi:10.18235/0003057","doi":"https://doi.org/10.18235/0003057","is_oa":false,"landing_page_url":"https://doi.org/10.18235/0003057","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"report"},"volume":null,"type":"report","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10419/237476","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5045677463","display_name":"Daniel Artana","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Daniel Artana","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008004632","display_name":"Cynthia Moskovits","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Cynthia Moskovits","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5029405448","display_name":"Jorge Puig","orcid":"https://orcid.org/0000-0001-5033-5608","observed_orcids":["https://orcid.org/0000-0001-5033-5608"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jorge Puig","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-5033-5608","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5026708263","display_name":"Ivana Templado","orcid":"https://orcid.org/0009-0002-5628-3719","observed_orcids":["https://orcid.org/0009-0002-5628-3719"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ivana Templado","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":8,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.9916999936103821,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.9916999936103821,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.005499999970197678,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.00139999995008111,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fiscal-rules","display_name":"fiscal rules","score":0.9990000128746033},{"id":"https://openalex.org/keywords/public-investment","display_name":"public investment","score":0.9890000224113464},{"id":"https://openalex.org/keywords/capital-expenditure","display_name":"capital expenditure","score":0.6830000281333923},{"id":"https://openalex.org/keywords/fiscal-consolidation","display_name":"fiscal consolidation","score":0.8289999961853027},{"id":"https://openalex.org/keywords/primary-expenditure","display_name":"primary expenditure","score":0.656000018119812},{"id":"https://openalex.org/keywords/imf-lending","display_name":"IMF lending","score":0.4749999940395355},{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.3919999897480011},{"id":"https://openalex.org/keywords/argentina","display_name":"Argentina","score":0.7149999737739563},{"id":"https://openalex.org/keywords/latin-america-and-the-caribbean","display_name":"Latin America and the Caribbean","score":0.8209999799728394}],"concepts":[{"id":"https://openalex.org/C158886217","wikidata":"https://www.wikidata.org/wiki/Q16799549","display_name":"Latin Americans","level":2,"score":0.785509467124939},{"id":"https://openalex.org/C172497479","wikidata":"https://www.wikidata.org/wiki/Q302208","display_name":"Capital expenditure","level":2,"score":0.7151744365692139},{"id":"https://openalex.org/C141441539","wikidata":"https://www.wikidata.org/wiki/Q1970908","display_name":"Boom","level":2,"score":0.6959056258201599},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.6527525782585144},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6383482217788696},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5631100535392761},{"id":"https://openalex.org/C2994464924","wikidata":"https://www.wikidata.org/wiki/Q1929688","display_name":"Public investment","level":3,"score":0.5315287709236145},{"id":"https://openalex.org/C2777234743","wikidata":"https://www.wikidata.org/wiki/Q7257739","display_name":"Public expenditure","level":3,"score":0.5192501544952393},{"id":"https://openalex.org/C2994282536","wikidata":"https://www.wikidata.org/wiki/Q1929688","display_name":"Public spending","level":3,"score":0.5136575102806091},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.43358373641967773},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.43108734488487244},{"id":"https://openalex.org/C2779999868","wikidata":"https://www.wikidata.org/wiki/Q191891","display_name":"Fiscal year","level":2,"score":0.4272216856479645},{"id":"https://openalex.org/C180075932","wikidata":"https://www.wikidata.org/wiki/Q5333342","display_name":"Econometric model","level":2,"score":0.42367294430732727},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4074609875679016},{"id":"https://openalex.org/C105639569","wikidata":"https://www.wikidata.org/wiki/Q582577","display_name":"Economic policy","level":1,"score":0.37790292501449585},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3737633228302002},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3336948752403259},{"id":"https://openalex.org/C178283979","wikidata":"https://www.wikidata.org/wiki/Q274490","display_name":"Public finance","level":2,"score":0.315197229385376},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.19067293405532837},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.09864580631256104},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.0},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.18235/0003057","doi":"https://doi.org/10.18235/0003057","is_oa":false,"landing_page_url":"https://doi.org/10.18235/0003057","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":null,"raw_type":"report"},{"id":"pmh:oai:RePEc:idb:brikps:11049","doi":null,"is_oa":false,"landing_page_url":"https://publications.iadb.org/publications/english/document/Fiscal-Rules-and-the-Behavior-of-Public-Investment-in-Latin-America-and-the-Caribbean-Towards-Growth-Friendly-Fiscal-Policy-The-case-of-Argentina.pdf","pdf_url":"https://publications.iadb.org/publications/english/document/Fiscal-Rules-and-the-Behavior-of-Public-Investment-in-Latin-America-and-the-Caribbean-Towards-Growth-Friendly-Fiscal-Policy-The-case-of-Argentina.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/237476","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/237476","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/237476","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/237476","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.47620001435279846}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":13,"referenced_works":["https://openalex.org/W613636528","https://openalex.org/W1491719151","https://openalex.org/W1522891573","https://openalex.org/W1537982782","https://openalex.org/W1931739805","https://openalex.org/W2155680526","https://openalex.org/W2265063675","https://openalex.org/W2767522882","https://openalex.org/W2966755841","https://openalex.org/W3125789481","https://openalex.org/W4251491302","https://openalex.org/W4253752739","https://openalex.org/W4285887736"],"related_works":["https://openalex.org/W4288440922","https://openalex.org/W1631314874","https://openalex.org/W607595349","https://openalex.org/W7111440469","https://openalex.org/W7113551243","https://openalex.org/W3128558977","https://openalex.org/W3134569750","https://openalex.org/W4285887736","https://openalex.org/W1042318673","https://openalex.org/W7126536421"],"abstract_inverted_index":{"This":[0],"paper":[1],"analyzes":[2],"the":[3,19,28,38,49,55,63,67,95,102,121,129,145,157],"implementation":[4],"of":[5,109,115,128,148],"Fiscal":[6],"Rules":[7],"(FR)":[8],"in":[9,37,42,167],"Argentina.":[10],"Several":[11],"clear":[12],"attempts":[13],"to":[14,143],"establish":[15],"a":[16,52,81,106,113,139,162,165],"FR":[17,33,141,166],"at":[18,94,101],"national":[20],"level":[21,108],"are":[22,169],"identified.":[23],"The":[24,31],"analysis":[25],"suggests":[26],"that":[27,34,80,138],"environment":[29],"matters.":[30],"only":[32],"was":[35,40],"binding":[36],"period":[39],"approved":[41],"2004":[43,122],"during":[44],"an":[45,125],"economic":[46],"boom,":[47],"with":[48,54,58,120],"country":[50],"under":[51],"program":[53],"IMF":[56],"and":[57,73,97,100,134],"high":[59,107],"political":[60],"support.":[61],"During":[62],"world":[64],"financial":[65],"crisis":[66],"expenditure":[68,111],"ceilings":[69],"were":[70],"relaxed,":[71],"however,":[72],"current":[74],"primary":[75],"expenditures":[76],"soared.":[77],"Simulations":[78],"show":[79],"countercyclical":[82],"fund":[83],"could":[84],"have":[85],"been":[86],"implemented":[87],"even":[88],"after":[89],"reducing":[90],"highly":[91],"distorting":[92],"taxes":[93],"federal":[96],"provincial":[98,152],"levels,":[99],"same":[103],"time":[104],"securing":[105],"capital":[110],"as":[112],"share":[114],"GDP,":[116],"had":[117],"Argentina":[118,168],"complied":[119],"FR.":[123],"Moreover,":[124],"econometric":[126],"exploration":[127],"link":[130],"between":[131],"flexible":[132,140],"FRs":[133],"public":[135,153],"investment":[136],"finds":[137],"helps":[142],"mitigate":[144],"negative":[146],"effects":[147],"fiscal":[149],"consolidations":[150],"on":[151,156],"investment.":[154],"Based":[155],"previous":[158],"analysis,":[159],"guidelines":[160],"for":[161,164],"proposal":[163],"provided.":[170]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-03-01T00:00:00"}