IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Déficit budgétaire, solde extérieur et politique macroéconomique : un modèle simple appliqué à la France

Listed author(s):
  • Michael Keith Anyadike-Danes
Registered author(s):

    [eng] The state of the balance of payments and of the government's budget deficit have become increasingly important in the discussion and formulation of macroeconomic policy and yet the nature of the links between these two « targets » and their connection with the functioning of the economy often seems somewhat obscure. A unified treatment of these issues is made possible though, by using the properties of the relationship between flows of private income and expenditure, which yields a relatively precise account of the sources of growth in national income and the associated factors determining the evolution of the balance of payments and the budget deficit over the last two decades. Not only can such an approach help to identify the proximate causes of the unforeseen doubling of France's external deficit in 1982, but it also provides a tool for simply and rapidly examining the implications for the budget and the balance of payments of changes in fiscal policy and in foreign trade performance. [fre] Le déficit budgétaire et le solde de la balance des paiements occupent une importance croissante dans les discussions et la formulation de la politique macroéconomique. Pourtant la nature des liens entre ces soldes et leur relation avec l'activité économique n'apparaît pas toujours clairement. Dans cet article on propose une approche directe d'évaluation de ces relations, fondée sur l'interdépendance entre les comportements de financement des différents secteurs de l'économie. Cette méthode de modélisation intégrée de l'accumulation d'actifs financiers et de la détermination du revenu et de la dépense fournit un instrument simple pour l'analyse des évolutions du déficit budgétaire et du solde extérieur français. Elle permet de mieux comprendre les raisons de la détérioration des échanges commerciaux de la France en 1982 et d'analyser simplement et rapidement les effets sur le déficit budgétaire et la balance des paiements des modifications de la politique financière ou des performances commerciales de l'économie française.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    Article provided by Programme National Persée in its journal Observations et diagnostics économiques : revue de l'OFCE.

    Volume (Year): 11 (1985)
    Issue (Month): 1 ()
    Pages: 153-175

    in new window

    Handle: RePEc:prs:rvofce:ofce_0751-6614_1985_num_11_1_1022
    Note: DOI:10.3406/ofce.1985.1022
    Contact details of provider: Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:prs:rvofce:ofce_0751-6614_1985_num_11_1_1022. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.