Open research questions in Fiscal Policy and Economic Growth
280 gap statements mined from Fiscal Policy and Economic Growth papers in our 7.9M-paper local library, which holds 2,867 papers on the topic — drawn mostly from each paper's own stated research gap, future-work, challenge and limitation notes, and its abstract. The ones listed below are a selection still marked open; each names the study that raised it, with a DOI link where the paper has one.
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What the literature leaves open
The study identifies a gap in the existing literature by recognizing that transport-led development is a multidimensional process. The research highlights the importance of operational performance and logistics efficiency in addition to infrastructure investment.
From roads to results: strengthening governance for effective transport-led development in Sidama, Ethiopia · 2026 · DOIIt highlights the need to address the issue of endogeneity and serial correlation in the model. The study also notes the challenge of ensuring the robustness of the results.
Revisiting the fiscal deficit and infrastructure nexus: insights from Nigeria’s economic development · 2026 · DOIFurther research could explore the impact of other macroeconomic variables on the fiscal deficit. Alternative cointegration estimators could be applied to validate the results.
Revisiting the fiscal deficit and infrastructure nexus: insights from Nigeria’s economic development · 2026 · DOIFurther studies can investigate the impact of direct taxation on economic growth in other developing economies. Research can explore the effects of different types of taxation on economic growth. Studies can examine the relationship between institutional quality and tax compliance in various contexts.
Direct Taxation and Economic Growth in Sri Lanka: Testing the Nonlinear Effects of Taxation and the Moderating Roles of Institutional Quality and Tax Compliance · 2026 · DOIThe impact of direct taxation on economic growth in developing economies is not well understood. The moderating roles of institutional quality and tax compliance have not been extensively examined. The nonlinear effects of taxation on economic growth have not been fully investigated.
Direct Taxation and Economic Growth in Sri Lanka: Testing the Nonlinear Effects of Taxation and the Moderating Roles of Institutional Quality and Tax Compliance · 2026 · DOIEx post empirical analysis of program development outcomes, rather than planning documents, is scarce.
Data-Driven Pattern Analysis of Attributes Influencing Transportation Construction Program Development · 2025 · DOIThe causal welfare effects of new road connectivity for previously unconnected rural households have been difficult to pin down. There is a lack of credible causal estimates of the household-level welfare effects of rural road connectivity. The study aims to fill this gap by estimating the causal effect of new road connectivity on rural household welfare.
The Causal Effect of Rural Road Connectivity on Household Welfare in India: A Regression Discontinuity Analysis of the Pradhan Mantri Gram Sadak Yojana · 2026 · DOIThe paper must consider the complexity of the debt renegotiation process. The analysis is limited by the availability of data and the assumptions made.
Demasiado tarde para ser perdoada? : uma análise sintética sobre o impacto de uma renegociação da dívida pública · 2026 · DOIThe need to disaggregate investment by sector and asset level to adjust the capital stock. The complexity of evaluating the role of financing choices in shaping overall investment efficiency.
Public investment in infrastructure, capital inefficiency and economic performance in Morocco: insights from a dynamic CGE model · 2026 · DOIThe lack of registration and unrecorded transactions pose profound challenges for accurate measurement. The informal sector is not monolithic, comprising a vast array of activities.
The Informal Sector's Contribution to National Output: A Comparative Analysis of Measurement Methodologies in Côte d'Ivoire (2020–2026) · 2026 · DOIThe lack of a robust understanding of the informal sector's true contribution to the nation's GDP. The disparate methodological approaches used to estimate the informal sector's size and economic weight.
The Informal Sector's Contribution to National Output: A Comparative Analysis of Measurement Methodologies in Côte d'Ivoire (2020–2026) · 2026 · DOIA comprehensive methodology to estimate the total cost of the occupation is needed. Previous studies have estimated the costs of the occupation, but a comprehensive methodology is lacking.
Future studies can apply the VECM framework to other regions or countries to analyze the impact of remittances on their economies. Further research can examine the impact of remittances on other sectors, such as the service sector.
Econometric investigation of sectoral contributions to remittance inflows in Kerala using the VECM framework · 2026 · DOIThere is a lack of studies examining the sectoral impact of international remittances on Kerala's economy. The existing literature does not provide a clear understanding of the relationship between remittances and sectoral growth.
Econometric investigation of sectoral contributions to remittance inflows in Kerala using the VECM framework · 2026 · DOIThe high and statistically significant autocorrelation indicated that the data can exhibit non-stationarity or the presence of a unit root, which should be further investigated using appropriate statistical tests.
There is an imbalance between the wishes of citizens and those of policymakers regarding taxes. The paper aims to address this gap by analysing the impact of tax revenues on economic growth.
The multifaced impact oftaxation on economic growth: Evidence fromEuropean Union countries · 2026 · DOIFuture research should explore the implications of the study's findings for policymakers and educators. The study's results could be used to inform budgeting decisions and expenditure allocations.
WHEN DOES GOVERNMENT EDUCATION EXPENDITURE YIELD QUALITY GAINS? A NONLINEAR ANALYSIS OF FISCAL EFFECTIVENESS ACROSS ASIA · 2026 · DOIThe challenge of achieving sustainable and inclusive economic growth in Nigeria is closely tied to the country's capacity to mobilise domestic revenue through efficient taxation systems. Nigeria's tax-to-GDP ratio remains one of the lowest in Sub-Saharan Africa. The persistent revenue gap has been attributed to deeper institutional and technological weaknesses within the fiscal system.
INSTITUTIONAL QUALITY, TECHNOLOGICAL INNOVATION, AND TAX REVENUE MOBILIZATION: IMPLICATIONS FOR INCLUSIVE ECONOMIC GROWTH IN NIGERIA · 2026 · DOIThere remains a research gap in comprehensively understanding how institutional and technological factors co-evolve and influence inclusive revenue mobilisation. Existing studies primarily focus on isolated impacts at the sub-national level and often overlook the interactive effects of governance and technology on tax performance in a broader national context.
INSTITUTIONAL QUALITY, TECHNOLOGICAL INNOVATION, AND TAX REVENUE MOBILIZATION: IMPLICATIONS FOR INCLUSIVE ECONOMIC GROWTH IN NIGERIA · 2026 · DOIThe analysis is based on a limited set of data and assumptions. The paper does not provide a comprehensive review of the literature on debt renegotiation.
Demasiado tarde para ser perdoada? : uma análise sintética sobre o impacto de uma renegociação da dívida pública · 2026 · DOISeveral policy lessons can be drawn from the findings of this study.
The efficient collection and allocation of tax revenue can either propel or hinder progress in education, healthcare, and other vital sectors of human development.
Further research is needed to analyze the impact of public investment on economic growth in other countries, - The study suggests that future research should focus on the role of financing choices in shaping overall investment efficiency, - More research is needed to understand the effects of infrastructure investment on GDP, depending on the type of sector and the mode…
Public investment in infrastructure, capital inefficiency and economic performance in Morocco: insights from a dynamic CGE model · 2026 · DOIThe study identifies a gap in the literature on the relationship between public and private fixed capital investments and economic growth in Turkey. The study aims to fill this gap by using a novel approach, combining the AARDL model and time-varying Granger causality test.
When Stability Matters: Long-Run and Dynamic Effects of Public and Private Fixed-Capital Investments on Economic Growth in Turkey · 2026 · DOIThe study identifies a gap in the existing literature on the effect of government expenditure on economic growth in Aceh Province. The study aims to fill this gap by examining the influence of government expenditure on economic growth.
Most-cited papers in Fiscal Policy and Economic Growth
- Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations · The Review of Economic Studies · 1991 · 23,435 citations
- A Pure Theory of Local Expenditures · Journal of Political Economy · 1956 · 8,146 citations
- Government Spending in a Simple Model of Endogeneous Growth · Journal of Political Economy · 1990 · 3,747 citations
- Income Distribution and Macroeconomics · The Review of Economic Studies · 1993 · 2,416 citations
- Investment in Human Capital and Personal Income Distribution · Journal of Political Economy · 1958 · 2,104 citations
- Shadow Economies: Size, Causes, and Consequences · Journal of Economic Literature · 2000 · 1,709 citations
- FDI and economic growth: the role of local financial markets · Journal of International Economics · 2003 · 1,592 citations
- Pigou, Tiebout, property taxation, and the underprovision of local public goods · Journal of Urban Economics · 1986 · 1,062 citations
- The Construction of Utility Functions from Expenditure Data · International Economic Review · 1967 · 854 citations
- Linear Expenditure Systems and Demand Analysis: An Application to the Pattern of British Demand · The Economic Journal · 1954 · 741 citations
Most recent work
- Inflation and economic growth in Nigeria · 2026
- How tax structure shapes FDI attractiveness and economic growth in developing economies? · Economic Modelling · 2026
- Optimal income taxation without tax evasion · European Economic Review · 2026
- Public spending and inclusive growth: A cross-country empirical analysis · Journal of International Money and Finance · 2026
- “Crowding in” effect of public investment on private investment revisited · Journal of International Money and Finance · 2026
- How do bureaucrats respond to hybrid incentive contract? Evidence from China’s air pollution controls · Journal of Public Economics · 2026
- Property tax competition: A quantitative assessment · Journal of Urban Economics · 2026
- Efficiency Criteria, Income Taxation, and Heterogeneous Elasticities · American Economic Review · 2026
- Distributional tax analysis in theory and practice: Harberger meets Diamond-Mirrlees · Journal of Public Economics · 2026
- Macroeconomic Effects of Public Investment in EMDEs : Nonlinear Effects of the Business Cycle, Fiscal Space, Capital Stock and Efficiency · Oxford Bulletin of Economics and Statistics · 2026
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