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Alcances de la política fiscal contracíclica: el caso reciente de América Latina

Author

Listed:
  • López González, Mauricio
  • Duque Baquero, Sara
  • Gómez Olivo, Blanca Liseth

Abstract

Resumen: En el marco de un modelo de Ciclos Económicos Reales -CER-, estetrabajo pretende identificar los beneficios que brinda una política fiscal estable, que se desarrolle en forma contracíclica y cuyos objetivos no se encuentren ligados a metas diferentes a las relacionadas con la estabilidad macroeconómica. El estudio contempla el cálculo y análisis de diferentes indicadores y elasticidades y una evaluación empírica para un conjunto de países de América Latina. A partir del análisis, se concluye que, aquellos países en los cuales se presentó un ahorro público en los anos de buen crecimiento económico, son a su vez, los que tienen un mayor margen de acción para la política fiscal y en los que, también, el sector productivo logra asimilar en forma más eficaz las medidas instrumentadas por los gobiernos en tiempos de crisis. Adicionalmente, es el gasto de capital (infraestructura) un mecanismo idóneo para impulsar el crecimiento económico en fases de bajo crecimiento

Suggested Citation

  • López González, Mauricio & Duque Baquero, Sara & Gómez Olivo, Blanca Liseth, 2009. "Alcances de la política fiscal contracíclica: el caso reciente de América Latina," Perfil de Coyuntura Económica, Universidad de Antioquia, CIE, December.
  • Handle: RePEc:col:000165:007020
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    Keywords

    déficit fiscal; Política fiscal Contracílica; gasto público; América Latina;
    All these keywords.

    JEL classification:

    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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