财政整顿对撒哈拉以南非洲国家经济活动的宏观经济影响

Q1 Economics, Econometrics and Finance Journal of Economic Asymmetries Pub Date : 2023-01-01 DOI:10.1016/j.jeca.2023.e00312
Gabriel Temesgen Woldu , Izabella Szakálné Kanó
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引用次数: 2

摘要

本文研究了40个撒哈拉以南国家的财政措施对经济产出、失业率、消费、私人投资、REER和经常账户余额的影响。该研究基于2000-2009年间覆盖40个国家的年度数据集,用当地预测来估计脉冲响应函数。数据集中的关键变量是根据Blanchard(1993)计算的财政状况指标,阈值为1.5%。研究发现,从短期来看,财政整合会降低实际GDP和私人需求。此外,经常账户余额对财政整顿中的冲击反应积极,而实际有效汇率则反应消极。此外,与基于收入的合并相比,基于支出的合并导致的产出损失较小。我们的研究结果还表明,财政整合也取决于经济周期,在经济繁荣期间产出损失较低。最后,这项研究表明,财政整合应该在基于支出的整合基础上进行,并且必须在经济繁荣之前进行。
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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Macroeconomic effects of fiscal consolidation on economic activity in SSA countries
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来源期刊
Journal of Economic Asymmetries
Journal of Economic Asymmetries Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
4.80
自引率
0.00%
发文量
42
审稿时长
50 days
期刊最新文献
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