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Влияние государственных расходов на текущий счет платежного баланса Казахстана через канал импорта товаров // The impact of the government expenditures on the current account of the balance of payments of Kazakhstan through the channel of import of goods

Author

Listed:
  • Тұрабай Бердібек // Turabai Berdibek

    (National Bank of Kazakhstan)

  • Ускенбаев Азат // Uskenbayev Azat

    (National Bank of Kazakhstan)

  • Муратов Жасулан // Muratov Zhassulan

    (National Bank of Kazakhstan)

  • Алмагамбетова Меруерт // Almagambetova Meruyert

    (National Bank of Kazakhstan)

  • Оспанов Нурлан // Ospanov Nurlan

    (National Bank of Kazakhstan)

Abstract

Национальный Банк Казахстана продолжает цикл исследований, посвященных анализу внешнеэкономической деятельности страны. Целью данного исследования является эмпирическая оценка масштаба финансирования импорта государственными расходами. В исследовании описаны структурные проблемы платежного баланса Казахстана, представлен обзор расходной части республиканского бюджета, проведена эмпирическая оценка взаимосвязи импорта товаров и государственных расходов для проверки гипотезы «двойного дефицита» (twin deficits hypothesis). // The NBK continues the series of studies devoted to the analysis of the country's foreign economic activity. The purpose of this study is an empirical assessment of the extent to which public spending finances imports. The study describes the structural problems of Kazakhstan's balance of payments, provides an overview of the expenditure side of the republican budget, and conducts an empirical assessment of the relationship between imports of goods and government spending to test the "twin deficits hypothesis".

Suggested Citation

  • Тұрабай Бердібек // Turabai Berdibek & Ускенбаев Азат // Uskenbayev Azat & Муратов Жасулан // Muratov Zhassulan & Алмагамбетова Меруерт // Almagambetova Meruyert & Оспанов Нурлан // Ospanov Nurlan, 2023. "Влияние государственных расходов на текущий счет платежного баланса Казахстана через канал импорта товаров // The impact of the government expenditures on the current account of the balance of payment," Working Papers #2023-5, National Bank of Kazakhstan.
    • Handle: RePEc:aob:wpaper:43
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    References listed on IDEAS

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    1. repec:kap:iaecre:v:17:y:2011:i:3:p:241-257 is not listed on IDEAS
    2. Jha, Raghbendra, 2001. "Macroeconomics of Fiscal Policy in Developing Countries," Departmental Working Papers 2001-05, The Australian National University, Arndt-Corden Department of Economics.
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    4. Mr. Christiane Nickel & Ms. Katja Funke, 2006. "Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study," IMF Working Papers 2006/147, International Monetary Fund.
    5. Gabrisch, Hubert, 2011. "On the Twin Deficits Hypothesis and the Import Propensity in Transition Countries," IWH Discussion Papers 20/2011, Halle Institute for Economic Research (IWH).
    6. Kazimierz Laski & Jerzy Osiatynski & Jolanta Zieba, 2010. "The Government Expenditure Multiplier and its Estimates for Poland in 2006-2009," wiiw Working Papers 63, The Vienna Institute for International Economic Studies, wiiw.
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    More about this item

    Keywords

    текущий счет; реальный текущий счет; государственные расходы; двойной дефицит; ненефтяной текущий счет; импульсные отклики; current account; real current account; government spending; twin deficit; non-oil current account; impulse responses;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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