Arbeitspapier

Impactos macroeconômicos dos gastos públicos na América Latina

This paper measures the public expenditure macroeconomic impacts (public consumption and public investment) in the more important Latin American economies by cointegrated autoregressive vectors. In the long run, public investments affect positively output and private consumption, although it has showed a substitution relationship with private investments. In the short run, government consumption multipliers used to be positive and statistically significant, although it has showed low impact. However, government investment multipliers used not to be statistically significant.

Sprache
Portugiesisch

Erschienen in
Series: Texto para Discussão ; No. 1434

Klassifikation
Wirtschaft
National Government Expenditures and Related Policies: General
Fiscal Policy
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

Ereignis
Geistige Schöpfung
(wer)
da Silva, Alexandre Manoel Angelo
Cândido Júnior, José Oswaldo
Ereignis
Veröffentlichung
(wer)
Instituto de Pesquisa Econômica Aplicada (IPEA)
(wo)
Brasília
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • da Silva, Alexandre Manoel Angelo
  • Cândido Júnior, José Oswaldo
  • Instituto de Pesquisa Econômica Aplicada (IPEA)

Entstanden

  • 2009

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