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Wie groß ist der Keynesianische Multiplikator in Deutschland?

Listed author(s):
  • Frank Westermann

Staatsausgaben und Steuereinnahmen verursachen nicht nur einen direkten Impuls, sondern lösen auch eine Multiplikatorwirkung aus. Die Erhöhung des Einkommens führt zu einer Ausweitung des privaten Konsums, somit zu einer weiteren Nachfrageerhöhung und einer abermaligen Produktionserhöhung usw. Aus diesem Grund übersteigt die Wirkung der Fiskalpolitik den Wert 1. Für Deutschland lässt sich die Größe der Multiplikatorwirkung anhand von Daten der letzten 40 Jahre zu Staatsausgaben und Steuereinnahmen schätzen. Eine Erhöhung der Ausgaben von einem Euro führt zu einem positiven Effekt für das Bruttosozialprodukt von 1,37 €. Eine Senkung der Steuereinnahmen um einen Euro wirkt mit einer Verzögerung von etwa einem Jahr und hat einen positiven Effekt von 1,62 €.

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Article provided by ifo Institute - Leibniz Institute for Economic Research at the University of Munich in its journal ifo Schnelldienst.

Volume (Year): 57 (2004)
Issue (Month): 11 (June)
Pages: 54-55

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Handle: RePEc:ces:ifosdt:v:57:y:2004:i:11:p:54-55
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