Does fiscal policy matter for the trade account? : a panel cointegration study /
This paper analyzes the empirical relationship between fiscal policy and the trade account. Research prior to this paper did not consider that the components of private and public demand in the import demand equation exhibit different elasticities. Using pooled mean group estimation for annual panel...
Clasificación: | Libro Electrónico |
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Autores principales: | , |
Autor Corporativo: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund, Middle East and Central Asia Dept.,
©2006.
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Colección: | IMF working paper ;
WP/06/147. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Contents
- I. INTRODUCTION
- II. THE GOVERNMENT SECTOR AND THE TRADE ACCOUNT
- III. THE MODEL SPECIFICATION
- IV. EMPIRICAL ANALYSIS AND RESULTS
- V. SUMMARY AND CONCLUSION
- APPENDIX 1: DATA DESCRIPTION AND SOURCES
- APPENDIX 2: SINGLE TIME-SERIES ESTIMATIONS OF TRADE ELASTICITIES FOR THE G- 7 COUNTRIES
- REFERENCES