Review of 'Fiscal policy and economic growth'

This paper presents findings on the relationship between fiscal policy variables, economic development, and growth. The authors used a combination of historical data, cross-sectional data, and newly constructed public investment series to analyze the associations between these variables. The study found that poorer countries rely more heavily on international trade taxes, while developed economies place greater importance on income taxes. The authors also found that investment in transportation and communication was consistently linked to growth and that it was challenging to isolate the effects of taxation. The study provides useful insights into the complex relationships between fiscal policy and economic growth, and it is written in a clear and concise manner.