The Fiscal-Budget Flexibility and the Expansion of COVID-19

Kebin Deng, Feng Lin, Puman Ouyang
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引用次数: 1

Abstract

This paper documents the daily COVID-19 case-growth rates in the low fiscal flexibility countries are significantly higher than those in the high-flexibility countries by 49.1% averagely, given other conditions under the same. Moreover, the impact of fiscal-budget flexibility only functions when the expansion of COVID-19 is not out of hand, e.g., is still in a moderate speed.
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财政预算灵活性与COVID-19疫情扩大
本文发现,在相同条件下,低财政灵活性国家的COVID-19日病例增长率平均显著高于高财政灵活性国家49.1%。此外,财政预算灵活性的影响只有在COVID-19的蔓延尚未失控,例如仍处于中等速度时才会发挥作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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