ESTIMATINGSTRUCTURALBUDGETBALANCESINDEVELOPINGASIAJoãoTovarJallesNO.719ADBECONOMICSWORKINGPAPERSERIESApril2024ASIANDEVELOPMENTBANKADBEconomicsWorkingPaperSeriesEstimatingStructuralBudgetBalancesinDevelopingAsiaJoãoTovarJallesJoãoTovarJalles(joaojalles@gmail.com)isaseniorNo.719April2024associateprofessorofeconomicsattheLisbonSchoolofEconomicsandManagement(ISEG),UniversityofTheADBEconomicsWorkingPaperSeriesLisbon.presentsresearchinprogresstoelicitcommentsandencouragedebateondevelopmentissuesinAsiaandthePacific.TheviewsexpressedarethoseoftheauthorsanddonotnecessarilyreflecttheviewsandpoliciesofADBoritsBoardofGovernorsorthegovernmentstheyrepresent.ASIANDEVELOPMENTBANKCreativeCommonsAttribution3.0IGOlicense(CCBY3.0IGO)©2024AsianDevelopmentBank6ADBAvenue,MandaluyongCity,1550MetroManila,PhilippinesTel+63286324444;Fax+63286362444www.adb.orgSomerightsreserved.Publishedin2024.ISSN2313-6537(print),2313-6545(electronic)PublicationStockNo.WPS240087-2DOI:http://dx.doi.org/10.22617/WPS240087-2TheviewsexpressedinthispublicationarethoseoftheauthorsanddonotnecessarilyreflecttheviewsandpoliciesoftheAsianDevelopmentBank(ADB)oritsBoardofGovernorsorthegovernmentstheyrepresent.ADBdoesnotguaranteetheaccuracyofthedataincludedinthispublicationandacceptsnoresponsibilityforanyconsequenceoftheiruse.Thementionofspecificcompaniesorprod...
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