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The Growth and Stabilization Properties of Fiscal Policy in Malaysia
Rafiq, Sohrab - 2013
This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government …
Persistent link: https://www.econbiz.de/10014409432
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Dirty Dance: Tourism and Environment
Cevik, Serhan - 2022
Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global … countries where the carbon footprint of tourism constitute substantial share of carbon dioxide (CO2) emissions. This study … empirically investigates the impact of tourism on CO2 emissions in a relatively homogenous panel of 15 Caribbean countries over …
Persistent link: https://www.econbiz.de/10015060122
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Caribbean growth in an international perspective : the role of tourism and size
Thacker, Nita; Acevedo, Sebastian; Perrelli, Roberto - 2012
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant …
Persistent link: https://www.econbiz.de/10009659894
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Tourism Specialization and Economic Development
Piotrowski, John M. - 2009
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate … standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques … for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the …
Persistent link: https://www.econbiz.de/10012677835
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What determines government spending multipliers?
Corsetti, Giancarlo; Meier, André; Müller, Gernot J. - 2012
This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their macroeconomic impact under different conditions regarding the exchange rate...
Persistent link: https://www.econbiz.de/10009618568
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Mr. Ricardo's Great Adventure : Estimating Fiscal Multipliers in a Truly Intertemporal Model
Sgherri, Silvia - 2006
Persistent link: https://www.econbiz.de/10012691137
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Fiscal Multipliers and the State of the Economy.
Baum, Anja - 2012
-- C. Using Output Growth as the Threshold Variable -- Tables -- 1. Cumulative Fiscal Multiplier Estimates from Selected …
Persistent link: https://www.econbiz.de/10012690156
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Estimating Fiscal Multipliers Under Alternative Exchange Rate Regimes: The Case of Bolivia
Kass-Hanna, Tannous - 2023
Empirical (employing the Blanchard-Perotti framework) and modeling (using a country-specific DSGE model) approaches are used to estimate fiscal multipliers by policy instrument for Bolivia, to evaluate possible adjustments in a fiscal consolidation strategy. Multipliers are also estimated using...
Persistent link: https://www.econbiz.de/10015058920
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Fiscal Multipliers During Pandemics
Kinda, Tidiane - 2022
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A historical look at past pandemics and epidemics highlights concomitant public sector support in response to health crises. This paper assesses how fiscal multipliers could vary...
Persistent link: https://www.econbiz.de/10015060236
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Fiscal Multipliers and Informality
Colombo, Emilio - 2022
This paper investigates the role of informality in affecting the magnitude of the fiscal multiplier in a panel of 141 … size of the fiscal multiplier. This result holds irrespective of the levels of economic development and institutional …. Thus, informality raises the size of the unofficial multiplier. A higher degree of non-separability between public and …
Persistent link: https://www.econbiz.de/10015060449