Is fiscal policy effective? Evidence for an emerging economy: Chile 1833-2000

Is fiscal policy effective? Evidence for an emerging economy: Chile 1833-2000

This paper studies the impact of fiscal policy on economic activity by using Chilean annual data from 1833 to 2000. The data allows us to disentangle the impacts on economic activity -- due to the large variation in fiscal policy in the period under study -- by using a SVAR methodology. The study fi...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Applied economics letters 2006-07, Vol.13 (9), p.575-580
Hauptverfasser: Cerda, Rodrigo A., González, Hermann, Lagos, Luis Felipe
Format: Artikel
Sprache:eng
Schlagworte:
Applied economics
Chile
Economic activity
Economic impact analysis
Fiscal policy
Impact analysis
Keynesian theory
Studies
Vector-autoregressive models
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:This paper studies the impact of fiscal policy on economic activity by using Chilean annual data from 1833 to 2000. The data allows us to disentangle the impacts on economic activity -- due to the large variation in fiscal policy in the period under study -- by using a SVAR methodology. The study finds evidence of non Keynesian impacts of fiscal policy.
ISSN:1350-4851
1466-4291
DOI:10.1080/13504850500400686