Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/21355
Título: | Discretionary government consumption, private domestic demand, and crisis episodes |
Autor(es): | Agnello, Luca Furceri, Davide Sousa, Ricardo M. |
Palavras-chave: | Fiscal policy discretion Crowding-out GDP growth Private consumption Private investment Crowding-in |
Data: | 2013 |
Editora: | Springer |
Revista: | Open Economies Review |
Resumo(s): | This paper analyzes the dynamic impact of discretionary government consumption purchases on private demand. Using a panel of 132 countries from 1960 to 2008, we find that while discretionary changes in government consumption lead to crowding-in effects in the short run, crowding-out effects take over in the medium run. In addition, we also find that both short-term crowding-in and mediumterm crowding out effects are amplified once we control for periods of crisis. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/21355 |
DOI: | 10.1007/s11079-012-9256-2 |
ISSN: | 0923-7992 |
Versão da editora: | http://download.springer.com/static/pdf/932/art%253A10.1007%252Fs11079-012-9256-2.pdf?auth66=1355049657_835412fcd1200c5040155c33a4d0c1ef&ext=.pdf |
Arbitragem científica: | yes |
Acesso: | Acesso restrito UMinho |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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6.pdf Acesso restrito! | Discretionary Government Consumption, Private Domestic Demand, and Crisis Episodes | 838,62 kB | Adobe PDF | Ver/Abrir |