The Effectiveness of Fiscal Policy in Mexico
Using a VAR model with quarterly information for the 1980 to 2008 period, this paper studies the dynamic effects of fiscal policy on Gross Domestic Product in the Mexican economy. We find evidence of non–Keynesian effects of government expenditure on GDP in the short run. Also, we find evidence that government revenue has a significant impact on GDP only in the fourth quarter.
|Date of creation:||Jun 2011|
|Publication status:||Published in The Empirical Economics Letters 10.6(2011): pp. 597-602|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Rodrigo Cerda & Hermann Gonzalez & Luis Felipe Lagos, 2006.
"Is fiscal policy effective? Evidence for an emerging economy: Chile 1833-2000,"
Applied Economics Letters,
Taylor & Francis Journals, vol. 13(9), pages 575-580.
- Rodrigo Cerda & Hermann González & Luis Felipe Lagos, 2005. "Is Fiscal Policy Effective? Evidence for an Emerging Economy: Chile 1833-2000," Documentos de Trabajo 292, Instituto de Economia. Pontificia Universidad Católica de Chile..
- Francisco de Castro, 2006.
"The macroeconomic effects of fiscal policy in Spain,"
Taylor & Francis Journals, vol. 38(8), pages 913-924.
- Francisco de Castro, 2003. "The macroeconomic effects of fiscal policy in Spain," Working Papers 0311, Banco de España;Working Papers Homepage.
- Maria Neicheva, 2006. "Non-Keynesian Effects of Government Expenditure on Output in Bulgaria: An HP Filter Approach," Post-Communist Economies, Taylor & Francis Journals, vol. 18(1), pages 1-12.
- Bernd Lucke, 1999. "Expansionary fiscal contractions and equilibrium indeterminacy: a case study for Germany," Applied Economics, Taylor & Francis Journals, vol. 31(6), pages 697-708.
- Niloy Bose & M. Emranul Haque & Denise R. Osborn, 2007. "Public Expenditure And Economic Growth: A Disaggregated Analysis For Developing Countries," Manchester School, University of Manchester, vol. 75(5), pages 533-556, September.
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