scholarly journals Estimating Fiscal Multipliers in Selected Asian Economies

2021 ◽  
Author(s):  
Roselle Dime ◽  
Juzhong Zhuang ◽  
Edimon Ginting
Keyword(s):  
Government Spending ◽  
Developed Countries ◽  
Economic Recovery ◽  
Policy Regime ◽  
Fiscal Multipliers ◽  
Vector Autoregression Model ◽  
General Government ◽  
Asian Economies ◽  
Autoregression Model ◽  
Using Data

The surge of the coronavirus disease (COVID-19) pandemic has driven countries worldwide to launch substantial stimulus packages to support economic recovery. This paper estimates effects of fiscal measures on output using data from 2000 to 2019 for a panel of nine developing Asian economies and a vector autoregression model. Results show that (i) the 4-quarter and 8-quarter cumulative fiscal multipliers for general government spending range between 0.73 and 0.88 in baselines, in line with recent estimates for developed countries but larger than those for developing countries; (ii) government spending is more effective than tax cuts in boosting the economy; and (iii) an accommodative monetary policy regime can make fiscal measures more effective.

scholarly journals PENGARUH INFLASI, PENGELUARAN PEMERINTAH DAN EKSPOR TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA

2019 ◽  
Vol 2 (1) ◽  
pp. 37
Author(s):  
Yusra Mahzalena ◽  
Hijri Juliansyah
Keyword(s):  
Economic Growth ◽  
Government Spending ◽  
Time Series Data ◽  
Series Data ◽  
Analysis Tool ◽  
Analysis Model ◽  
Vector Autoregression Model ◽  
Var Analysis ◽  
Insignificant Effect ◽  
Autoregression Model

The purpose of this study was to determine the effect of inflation, Government spending, and exports on economic growth in Indonesia during 1990-2016. This study used time series data obtained from the Central Bureau of Statistics. The number of samples in this study was 27 years as the object of this research. This study used a Vector Autoregression Model (VAR) analysis tool with the help of Eviews 9 software. The results of the VAR analysis model showed that economic growth was insignificantly and positively influenced by its movements, inflation had a positive and insignificant effect on economic growth, and Government spending had a positive and insignificant effect on economic growth, while exports had a negative and insignificant effect on economic growth.

Russia’s fiscal stimulus and fiscal sustainability

2013 ◽  
pp. 90-108 ◽  
Author(s):  
N. Akindinova ◽  
N. Kondrashov ◽  
A. Cherniavsky
Keyword(s):  
Government Spending ◽  
Public Expenditure ◽  
Oil Prices ◽  
Fiscal Sustainability ◽  
Macroeconomic Model ◽  
Sharp Drop ◽  
Fiscal Stimulus ◽  
Fiscal Multipliers ◽  
Russian Economy ◽  
The Impact

This study examines the impact of public expenditure on economic growth in Russia. Fiscal multipliers for various items of government spending are calculated by means of our macroeconomic model of the Russian economy. Resources for fiscal stimulus and optimization are analyzed. In this study we assess Russia’s fiscal sustainability in conditions of various levels of oil prices. We conclude that fiscal stimulus is ineffective in Russia, while fiscal sustainability in conditions of a sharp drop in oil prices is relatively low.

scholarly journals Income, wealth and use of personal protection equipment in the Mekong Delta

2021 ◽  
Author(s):  
Matteo Migheli
Keyword(s):  
Low Income ◽  
Mekong Delta ◽  
Developed Countries ◽  
Household Wealth ◽  
Protective Equipment ◽  
Personal Protection ◽  
Personal Protection Equipment ◽  
Management Techniques ◽  
Using Data ◽  
Developing And Developed Countries

AbstractBoth in developing and developed countries, farmers often do not protect themselves adequately, especially when applying agrochemicals that are dangerous for their health. The issue is relevant because insufficient protection is between the causes leading to intoxication of farmers and workers who handle these products. The literature suggests that both lack of training and information and low income may explain why, especially in developing countries, protective equipment is under-used. Using data from the Mekong Delta, this study addresses the issue of whether income and household wealth may help explaining the use of incomplete protections against pesticides. The results suggest that income, more than wealth, is a reason why Vietnamese farmers operating in the Mekong Delta fail in using adequate protections. In particular, the data suggest that they may prefer to divert resources to increasing the production of their fields or to buying goods that may be used both as protection and as everyday garments. This behaviour leads to underinvestment in some important protective goods. Possible public interventions to mitigate the problem are suggested; in particular, the promotion of integrated pest management techniques could be useful.

scholarly journals Certain Aspects of Family Policy Incentives for Childbearing—A Hungarian Study with an International Outlook

2018 ◽  
Vol 10 (11) ◽  
pp. 3976 ◽  
Author(s):  
Judit Sági ◽  
Csaba Lentner
Keyword(s):  
Family Policy ◽  
Developed Countries ◽  
Birth Rates ◽  
Cultural Economic ◽  
Policy Regime ◽  
New Family ◽  
Policy Interventions ◽  
Fiscal Incentives ◽  
The Government ◽  
Policy Incentives

Decreasing trends in birth rates in developed countries during the past decades, which threaten the sustainability of their populations, raise concerns in the areas of employment and social security, among others. A decrease in willingness to bear children has been examined in the international literature from several (biological, socio-cultural, economic, and spatial, etc.) aspects. Among these, the question of the effectiveness of fiscal incentives has been raised, with arguments that these are positive, but not significant, to birth rates; our study also concludes this. In Hungary, from 2010 onwards, the government has introduced very high tax allowances for families and, from 2015, has provided direct subsidies for housing purposes, all within a framework of a new family policy regime. This paper presents an evaluation of family policy interventions (e.g., housing support, tax allowances, other child-raising benefits), with the conclusion that fiscal incentives cannot be effective by themselves; a sustainable level of birth rates can only be maintained, but not necessarily increased, with an optimal design of family policy incentives. By studying the Hungarian example of pro-birth policies there is shown to be a policy gap in housing subsidies.

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