Fiscal Policy and Economic Cycles in Oil-Exporting Countries / / Kamilya Tazhibayeva, Aasim Husain, Anna Ter-Martirosyan
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| Autore: |
Tazhibayeva Kamilya
|
| Titolo: |
Fiscal Policy and Economic Cycles in Oil-Exporting Countries / / Kamilya Tazhibayeva, Aasim Husain, Anna Ter-Martirosyan
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica: | 1 online resource (23 p.) |
| Disciplina: | 336.3015195 |
| Soggetto topico: | Fiscal policy - Econometric models |
| Business cycles - Econometric models | |
| Petroleum industry and trade - Econometric models | |
| Investments: Energy | |
| Macroeconomics | |
| Public Finance | |
| Energy: Demand and Supply | |
| Prices | |
| Fiscal Policy | |
| National Government Expenditures and Related Policies: General | |
| Energy: General | |
| Public finance & taxation | |
| Investment & securities | |
| Oil prices | |
| Fiscal policy | |
| Fiscal stance | |
| Expenditure | |
| Oil | |
| Expenditures, Public | |
| Petroleum industry and trade | |
| Soggetto geografico: | Saudi Arabia |
| Altri autori: |
HusainAasim
Ter-MartirosyanAnna
|
| Note generali: | Description based upon print version of record. |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | Contents; I. Introduction; II. Data and Cyclical Properties; III. Oil Prices, Output Cycles, and Fiscal Policy; IV. Panel VAR Framework; V. Sensitivity Checks and Extensions; VI. Conclusions; References; Appendixes; A. Data Sources and Descriptions; B. Unit Root Tests |
| Sommario/riassunto: | This paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate that in countries where the oil sector is large in relation to the economy, oil price changes affect the economic cycle only through their impact on fiscal policy. Once fiscal policy changes are removed, oil price shocks do not have a significant independent effect on the economic cycle. |
| Titolo autorizzato: | Fiscal Policy and Economic Cycles in Oil-Exporting Countries |
| ISBN: | 1-4623-4670-7 |
| 1-4527-9851-6 | |
| 9786612842047 | |
| 1-282-84204-8 | |
| 1-4518-7111-2 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910788342403321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2008/253