Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements

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 ou...

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Main Authors: Agénor, Pierre-Richard, Bayraktar, Nihal, Pinto Moreira, Emmanuel
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
TAX
Online Access:http://documents.worldbank.org/curated/en/2006/06/6889027/linking-public-investment-programs-spahd-macro-models-methodology-application-aid-requirements
http://hdl.handle.net/10986/8386
id okr-10986-8386
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCESS TO SAFE WATER
ACCOUNTING
ADJUSTMENT POLICIES
AGGREGATE DEMAND
ALLOCATION
BALANCE OF PAYMENTS
BUDGET BALANCE
BUDGET CONSTRAINT
BUDGET DEFICIT
BUDGET FRAMEWORK
CALIBRATION PROCESS
CAPITAL EXPENDITURE
CAPITAL EXPENDITURES
CAPITAL INFLOWS
CAPITAL STOCK
CENTRAL BANK
COMPREHENSIVE DEVELOPMENT
CONDITIONALITY
CONSUMER PRICE INDEX
CONSUMPTION EXPENDITURE
CONTINGENT LIABILITIES
DEBT
DEBT RELIEF
DEBT SERVICING
DEBT SUSTAINABILITY
DEFICITS
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT OBJECTIVES
DEVELOPMENT STRATEGIES
DISEASES
DISPOSABLE INCOME
DISTRIBUTIONAL ISSUES
DOMESTIC BORROWING
DOMESTIC GOOD
DOMESTIC MARKET
DOMESTIC TAX
DOMESTIC TAXATION
ECONOMIC COOPERATION
ECONOMIC GROWTH
EDUCATION
EDUCATION SYSTEM
EDUCATIONAL ATTAINMENT
ELASTICITIES
ELASTICITY
ELECTRICITY
EXOGENOUS VARIABLES
EXPENDITURE DATA
EXPENDITURES
EXPORTS
EXTERNAL FINANCING
FISCAL ACCOUNTS
FIXED CAPITAL
FOREIGN BORROWING
FOREIGN CAPITAL
FOREIGN DEBT
FORMAL ANALYSIS
GDP
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT EXPENDITURE
GOVERNMENT SPENDING
GROWTH
GROWTH RATE
HEALTH
HEALTH SERVICES
HUMAN DEVELOPMENT
HUMAN LIFE
IMPACT ON HEALTH
INCOME
INFANT
INFANT MORTALITY
INFANT MORTALITY RATE
INFANT MORTALITY RATES
INFRASTRUCTURE SERVICES
INTEREST PAYMENTS
INTEREST RATE
INTERNATIONAL DEVELOPMENT
INVENTORY
INVESTMENT
INVESTMENT FLOWS
INVESTMENT NEEDS
INVESTMENT PROJECTS
LABOR MARKET
LABOR SUPPLY
LIFE EXPECTANCY
LOW-INCOME COUNTRIES
LOW-INCOME COUNTRY
MACROECONOMIC FRAMEWORK
MACROECONOMIC MODEL
MACROECONOMIC MODELS
MACROECONOMIC VARIABLES
MACROECONOMICS
MAINTENANCE
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORKS
MILLENNIUM DEVELOPMENT GOALS
MORAL HAZARD
NEGATIVE EXTERNALITIES
NET EXPORTS
NET FOREIGN ASSETS
NET PRESENT VALUE
PER CAPITA INCOME
POLICY DECISIONS
POLICY IMPLICATIONS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLITICAL ECONOMY
POOR HOUSEHOLDS
POPULATION DENSITY
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
PRIMARY DEFICITS
PRIVATE CAPITAL
PRIVATE CONSUMPTION
PRIVATE INVESTMENT
PRIVATE SAVINGS
PRIVATE SECTOR
PROGRESS
PROVISION OF HEALTH SERVICES
PUBLIC
PUBLIC ASSETS
PUBLIC CAPITAL
PUBLIC DEBT
PUBLIC EDUCATION
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC INVESTMENT IN EDUCATION
PUBLIC INVESTMENT IN INFRASTRUCTURE
PUBLIC INVESTMENT PROGRAM
PUBLIC INVESTMENT PROGRAMS
PUBLIC INVESTMENTS
PUBLIC SECTOR
PUBLIC SECTOR EMPLOYEES
PUBLIC SERVICES
PUBLIC SPENDING
PUBLIC UTILITIES
RATE OF GROWTH
RATE OF INVESTMENT
RATE OF RETURN
REAL EXCHANGE RATE
REAL INCOME
ROADS
SAFE DRINKING WATER
SAVINGS
SIDE EFFECTS
SOCIAL INDICATORS
STATE UNIVERSITY
TAX
TAX EFFORT
TAX PAYMENTS
TAX POLICY
TAX RATE
TAX RATES
TAX REFORM
TAX REVENUE
TAX REVENUES
TAXATION
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TOTAL SPENDING
UNEMPLOYMENT
USER CHARGES
USER FEES
WAGES
spellingShingle ACCESS TO SAFE WATER
ACCOUNTING
ADJUSTMENT POLICIES
AGGREGATE DEMAND
ALLOCATION
BALANCE OF PAYMENTS
BUDGET BALANCE
BUDGET CONSTRAINT
BUDGET DEFICIT
BUDGET FRAMEWORK
CALIBRATION PROCESS
CAPITAL EXPENDITURE
CAPITAL EXPENDITURES
CAPITAL INFLOWS
CAPITAL STOCK
CENTRAL BANK
COMPREHENSIVE DEVELOPMENT
CONDITIONALITY
CONSUMER PRICE INDEX
CONSUMPTION EXPENDITURE
CONTINGENT LIABILITIES
DEBT
DEBT RELIEF
DEBT SERVICING
DEBT SUSTAINABILITY
DEFICITS
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT OBJECTIVES
DEVELOPMENT STRATEGIES
DISEASES
DISPOSABLE INCOME
DISTRIBUTIONAL ISSUES
DOMESTIC BORROWING
DOMESTIC GOOD
DOMESTIC MARKET
DOMESTIC TAX
DOMESTIC TAXATION
ECONOMIC COOPERATION
ECONOMIC GROWTH
EDUCATION
EDUCATION SYSTEM
EDUCATIONAL ATTAINMENT
ELASTICITIES
ELASTICITY
ELECTRICITY
EXOGENOUS VARIABLES
EXPENDITURE DATA
EXPENDITURES
EXPORTS
EXTERNAL FINANCING
FISCAL ACCOUNTS
FIXED CAPITAL
FOREIGN BORROWING
FOREIGN CAPITAL
FOREIGN DEBT
FORMAL ANALYSIS
GDP
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT EXPENDITURE
GOVERNMENT SPENDING
GROWTH
GROWTH RATE
HEALTH
HEALTH SERVICES
HUMAN DEVELOPMENT
HUMAN LIFE
IMPACT ON HEALTH
INCOME
INFANT
INFANT MORTALITY
INFANT MORTALITY RATE
INFANT MORTALITY RATES
INFRASTRUCTURE SERVICES
INTEREST PAYMENTS
INTEREST RATE
INTERNATIONAL DEVELOPMENT
INVENTORY
INVESTMENT
INVESTMENT FLOWS
INVESTMENT NEEDS
INVESTMENT PROJECTS
LABOR MARKET
LABOR SUPPLY
LIFE EXPECTANCY
LOW-INCOME COUNTRIES
LOW-INCOME COUNTRY
MACROECONOMIC FRAMEWORK
MACROECONOMIC MODEL
MACROECONOMIC MODELS
MACROECONOMIC VARIABLES
MACROECONOMICS
MAINTENANCE
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORKS
MILLENNIUM DEVELOPMENT GOALS
MORAL HAZARD
NEGATIVE EXTERNALITIES
NET EXPORTS
NET FOREIGN ASSETS
NET PRESENT VALUE
PER CAPITA INCOME
POLICY DECISIONS
POLICY IMPLICATIONS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLITICAL ECONOMY
POOR HOUSEHOLDS
POPULATION DENSITY
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
PRIMARY DEFICITS
PRIVATE CAPITAL
PRIVATE CONSUMPTION
PRIVATE INVESTMENT
PRIVATE SAVINGS
PRIVATE SECTOR
PROGRESS
PROVISION OF HEALTH SERVICES
PUBLIC
PUBLIC ASSETS
PUBLIC CAPITAL
PUBLIC DEBT
PUBLIC EDUCATION
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC INVESTMENT IN EDUCATION
PUBLIC INVESTMENT IN INFRASTRUCTURE
PUBLIC INVESTMENT PROGRAM
PUBLIC INVESTMENT PROGRAMS
PUBLIC INVESTMENTS
PUBLIC SECTOR
PUBLIC SECTOR EMPLOYEES
PUBLIC SERVICES
PUBLIC SPENDING
PUBLIC UTILITIES
RATE OF GROWTH
RATE OF INVESTMENT
RATE OF RETURN
REAL EXCHANGE RATE
REAL INCOME
ROADS
SAFE DRINKING WATER
SAVINGS
SIDE EFFECTS
SOCIAL INDICATORS
STATE UNIVERSITY
TAX
TAX EFFORT
TAX PAYMENTS
TAX POLICY
TAX RATE
TAX RATES
TAX REFORM
TAX REVENUE
TAX REVENUES
TAXATION
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TOTAL SPENDING
UNEMPLOYMENT
USER CHARGES
USER FEES
WAGES
Agénor, Pierre-Richard
Bayraktar, Nihal
Pinto Moreira, Emmanuel
Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements
geographic_facet Africa
Niger
relation Policy Research Working Paper; No. 3944
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.
format Publications & Research :: Policy Research Working Paper
author Agénor, Pierre-Richard
Bayraktar, Nihal
Pinto Moreira, Emmanuel
author_facet Agénor, Pierre-Richard
Bayraktar, Nihal
Pinto Moreira, Emmanuel
author_sort Agénor, Pierre-Richard
title Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements
title_short Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements
title_full Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements
title_fullStr Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements
title_full_unstemmed Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements
title_sort linking public investment programs and spahd macro models : methodology and application to aid requirements
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2006/06/6889027/linking-public-investment-programs-spahd-macro-models-methodology-application-aid-requirements
http://hdl.handle.net/10986/8386
_version_ 1764406184644706304
spelling okr-10986-83862021-04-23T14:02:41Z Linking Public Investment Programs and SPAHD Macro Models : Methodology and Application to Aid Requirements Agénor, Pierre-Richard Bayraktar, Nihal Pinto Moreira, Emmanuel ACCESS TO SAFE WATER ACCOUNTING ADJUSTMENT POLICIES AGGREGATE DEMAND ALLOCATION BALANCE OF PAYMENTS BUDGET BALANCE BUDGET CONSTRAINT BUDGET DEFICIT BUDGET FRAMEWORK CALIBRATION PROCESS CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INFLOWS CAPITAL STOCK CENTRAL BANK COMPREHENSIVE DEVELOPMENT CONDITIONALITY CONSUMER PRICE INDEX CONSUMPTION EXPENDITURE CONTINGENT LIABILITIES DEBT DEBT RELIEF DEBT SERVICING DEBT SUSTAINABILITY DEFICITS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT OBJECTIVES DEVELOPMENT STRATEGIES DISEASES DISPOSABLE INCOME DISTRIBUTIONAL ISSUES DOMESTIC BORROWING DOMESTIC GOOD DOMESTIC MARKET DOMESTIC TAX DOMESTIC TAXATION ECONOMIC COOPERATION ECONOMIC GROWTH EDUCATION EDUCATION SYSTEM EDUCATIONAL ATTAINMENT ELASTICITIES ELASTICITY ELECTRICITY EXOGENOUS VARIABLES EXPENDITURE DATA EXPENDITURES EXPORTS EXTERNAL FINANCING FISCAL ACCOUNTS FIXED CAPITAL FOREIGN BORROWING FOREIGN CAPITAL FOREIGN DEBT FORMAL ANALYSIS GDP GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT EXPENDITURE GOVERNMENT SPENDING GROWTH GROWTH RATE HEALTH HEALTH SERVICES HUMAN DEVELOPMENT HUMAN LIFE IMPACT ON HEALTH INCOME INFANT INFANT MORTALITY INFANT MORTALITY RATE INFANT MORTALITY RATES INFRASTRUCTURE SERVICES INTEREST PAYMENTS INTEREST RATE INTERNATIONAL DEVELOPMENT INVENTORY INVESTMENT INVESTMENT FLOWS INVESTMENT NEEDS INVESTMENT PROJECTS LABOR MARKET LABOR SUPPLY LIFE EXPECTANCY LOW-INCOME COUNTRIES LOW-INCOME COUNTRY MACROECONOMIC FRAMEWORK MACROECONOMIC MODEL MACROECONOMIC MODELS MACROECONOMIC VARIABLES MACROECONOMICS MAINTENANCE MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORKS MILLENNIUM DEVELOPMENT GOALS MORAL HAZARD NEGATIVE EXTERNALITIES NET EXPORTS NET FOREIGN ASSETS NET PRESENT VALUE PER CAPITA INCOME POLICY DECISIONS POLICY IMPLICATIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLITICAL ECONOMY POOR HOUSEHOLDS POPULATION DENSITY POVERTY REDUCTION POVERTY REDUCTION STRATEGIES PRIMARY DEFICITS PRIVATE CAPITAL PRIVATE CONSUMPTION PRIVATE INVESTMENT PRIVATE SAVINGS PRIVATE SECTOR PROGRESS PROVISION OF HEALTH SERVICES PUBLIC PUBLIC ASSETS PUBLIC CAPITAL PUBLIC DEBT PUBLIC EDUCATION PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN EDUCATION PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC INVESTMENT PROGRAM PUBLIC INVESTMENT PROGRAMS PUBLIC INVESTMENTS PUBLIC SECTOR PUBLIC SECTOR EMPLOYEES PUBLIC SERVICES PUBLIC SPENDING PUBLIC UTILITIES RATE OF GROWTH RATE OF INVESTMENT RATE OF RETURN REAL EXCHANGE RATE REAL INCOME ROADS SAFE DRINKING WATER SAVINGS SIDE EFFECTS SOCIAL INDICATORS STATE UNIVERSITY TAX TAX EFFORT TAX PAYMENTS TAX POLICY TAX RATE TAX RATES TAX REFORM TAX REVENUE TAX REVENUES TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TOTAL SPENDING UNEMPLOYMENT USER CHARGES USER FEES WAGES 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. 2012-06-18T22:28:20Z 2012-06-18T22:28:20Z 2006-06 http://documents.worldbank.org/curated/en/2006/06/6889027/linking-public-investment-programs-spahd-macro-models-methodology-application-aid-requirements http://hdl.handle.net/10986/8386 English Policy Research Working Paper; No. 3944 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Niger