Dime, Roselle; Ginting, Edimon; Zhuang, Juzhong - 2021
This paper estimates fiscal multipliers using quarterly data for a panel of nine developing Asian economies, following … evidence that the 4-quarter and 8-quarter cumulative multipliers for general government spending range between 0.73 and 0.88 in … countries. We also find that the corresponding tax multipliers range between -0.41 and -0.62, significantly smaller than …