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This book performs a Structural Vector Auto Regression analysis on the Tunisian economy using quarterly interpolated data from 1990 to 2015 in the attempt of verifying and quantifying the short-term macroeconomic effects of public spending on private consumption. Our findings suggest that positive government spending shock has a positive but low impact on private consumption, while it has a crowding-out effect on GDP. We also find, surprisingly, that an increase in capital spending has a crowding-out effect on private consumption, while an increase in current spending has a crowding-in effect. A positive government revenue shock tends to have a positive impact on private consumption, while it has no impact on GDP in the short-term. Overall, an expansionary fiscal policy is not an effective tool to stimulate the Tunisian economic activity.
| Autorius: | Nesrine Marzouk, Imed Harbaoui, |
| Leidėjas: | Éditions universitaires européennes |
| Išleidimo metai: | 2019 |
| Knygos puslapių skaičius: | 108 |
| ISBN-10: | 613846883X |
| ISBN-13: | 9786138468837 |
| Formatas: | 220 x 150 x 7 mm. Knyga minkštu viršeliu |
| Kalba: | Anglų |
Parašykite atsiliepimą apie „The Effects of Government Spending Shocks: Evidence from Tunisia“
