La efectividad de la política fiscal en el Perú: 1980-2006
AbstractThe aim of this document is to establish the relationship between fiscal policy and the level of economic activity. On the theoretical ground, this is done using a model that links fiscal policy with economic activity, mixing the contractive and/or expansionary effects of a fiscal expansion, given the initial situation of fiscal accounts. On the empirical ground, this is done for the period 1980-2006, testing the predictions produced by the theoretical model. The main results suggest that during the period 1980-1990, characterized by the fragility of the fiscal accounts, fiscal policy had a weak effect on the level of economic activity, whereas during the period 1990- 2006, considered of improvement of fiscal accounts, the effect of fiscal policy is stronger.
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Bibliographic InfoPaper provided by Departamento de Economía - Pontificia Universidad Católica del Perú in its series Documentos de Trabajo with number 2008-262.
Length: 60 pages
Date of creation: 2008
Date of revision:
Publication status: published
Contact details of provider:
Postal: Av. Universitaria 1801, San Miguel, Lima, Perú
Phone: (511) 626-2000 ext. 4950, 4951
Fax: (511) 626-2874
Web page: http://www.pucp.edu.pe/departamento/economia/
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fiscal policy; Peru; fiscal accounts;
Other versions of this item:
- Waldo Mendoza & Karl Melgarejo, 2008. "La efectividad de la política fiscal en el Perú: 1980-2006," Libros PUCP, Departamento de Economía - Pontificia Universidad Católica del Perú, number lde-2008-03, September.
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- Carrillo, Paul A., 2010.
"Efectos Macroeconómicos de la Política Fiscal en Ecuador 1993-2009
[Macroeconomic Effects of Fiscal Policy in Ecuador 1993-2009]," MPRA Paper 34436, University Library of Munich, Germany, revised Oct 2011.
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