Une étude économétrique de l'impact des dépenses publiques et des prélèvements fiscaux sur l'activité économique au Québec et au Canada
[An econometric study of the impact of public spendings and taxes on economic activity, Quebec and Canada]
In this paper, using a structural var approach, we find that in Quebec and Canada, fiscal shocks and spending shocks are relatively persistent, spending shocks being more persistent. Output shocks are the most persistent of all shocks. Public spending generate more output in the short-run but the increase is more modest. Distorsive effects of taxes reduce output.
|Date of creation:||10 Oct 2005|
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Web page: https://mpra.ub.uni-muenchen.de
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- Barro, Robert J, 1989.
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- David Alan Aschauer, 1986. "The equilibrium approach to fiscal policy," Staff Memoranda 86-2, Federal Reserve Bank of Chicago.
- Baxter, Marianne & King, Robert G, 1993. "Fiscal Policy in General Equilibrium," American Economic Review, American Economic Association, vol. 83(3), pages 315-334, June.
- Ramey, Valerie A. & Shapiro, Matthew D., 1998. "Costly capital reallocation and the effects of government spending," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 48(1), pages 145-194, June.Full references (including those not matched with items on IDEAS)
- Valerie A. Ramey & Matthew D. Shapiro, 1999. "Costly Capital Reallocation and the Effects of Government Spending," NBER Working Papers 6283, National Bureau of Economic Research, Inc.
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