LEADER 05076oam 22013334 450 001 9910967324803321 005 20250426110534.0 010 $a9786613824820 010 $a9781462315499 010 $a1462315496 010 $a9781451991376 010 $a1451991371 010 $a9781283512374 010 $a1283512378 010 $a9781452702483 010 $a1452702489 035 $a(CKB)3360000000443475 035 $a(EBL)3014468 035 $a(SSID)ssj0000940131 035 $a(PQKBManifestationID)11512685 035 $a(PQKBTitleCode)TC0000940131 035 $a(PQKBWorkID)10938701 035 $a(PQKB)10504077 035 $a(OCoLC)694141138 035 $a(IMF)WPIEE2006147 035 $a(MiAaPQ)EBC3014468 035 $a(IMF)WPIEA2006147 035 $aWPIEA2006147 035 $a(EXLCZ)993360000000443475 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDoes Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study /$fChristiane Nickel, Katja Funke 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (27 p.) 225 1 $aIMF Working Papers 300 $a"June 2006." 311 08$a9781451864076 311 08$a1451864078 320 $aIncludes bibliographical references. 327 $a""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"" 330 3 $aThis paper analyzes the empirical relationship between fiscal policy and the trade account. Research prior to this paper did not consider that the components of private and public demand in the import demand equation exhibit different elasticities. Using pooled mean group estimation for annual panel data of the G-7 countries for the years 1970 through 2002, we provide empirical evidence that the composition of overall demand-i.e., the distribution among public demand, private demand, and export demand-has an impact on the magnitude of the trade account deficit. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/147 606 $aBalance of trade$xEconometric models 606 $aDemand (Economic theory)$xEconometric models 606 $aExpenditures, Public$xEconometric models 606 $aFiscal policy$xEconometric models 606 $aImports$xEconometric models 606 $aCapacity$2imf 606 $aCapital$2imf 606 $aConsumption$2imf 606 $aEconomics$2imf 606 $aExpenditure$2imf 606 $aExpenditures, Public$2imf 606 $aExports and Imports$2imf 606 $aExports$2imf 606 $aImports$2imf 606 $aIntangible Capital$2imf 606 $aInternational economics$2imf 606 $aInvestment$2imf 606 $aInvestments: General$2imf 606 $aMacroeconomics$2imf 606 $aMacroeconomics: Consumption$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aPrivate consumption$2imf 606 $aPrivate investment$2imf 606 $aPublic finance & taxation$2imf 606 $aPublic Finance$2imf 606 $aSaving and investment$2imf 606 $aSaving$2imf 606 $aTrade: General$2imf 606 $aWealth$2imf 607 $aJapan$2imf 615 0$aBalance of trade$xEconometric models. 615 0$aDemand (Economic theory)$xEconometric models. 615 0$aExpenditures, Public$xEconometric models. 615 0$aFiscal policy$xEconometric models. 615 0$aImports$xEconometric models. 615 7$aCapacity 615 7$aCapital 615 7$aConsumption 615 7$aEconomics 615 7$aExpenditure 615 7$aExpenditures, Public 615 7$aExports and Imports 615 7$aExports 615 7$aImports 615 7$aIntangible Capital 615 7$aInternational economics 615 7$aInvestment 615 7$aInvestments: General 615 7$aMacroeconomics 615 7$aMacroeconomics: Consumption 615 7$aNational Government Expenditures and Related Policies: General 615 7$aPrivate consumption 615 7$aPrivate investment 615 7$aPublic finance & taxation 615 7$aPublic Finance 615 7$aSaving and investment 615 7$aSaving 615 7$aTrade: General 615 7$aWealth 700 $aNickel$b Christiane$01816102 701 $aFunke$b Katja$01816103 712 02$aInternational Monetary Fund.$bMiddle East and Central Asia Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910967324803321 996 $aDoes Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study$94371759 997 $aUNINA