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Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study / / Christiane Nickel, Katja Funke



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Autore: Nickel Christiane Visualizza persona
Titolo: Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study / / Christiane Nickel, Katja Funke Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
Edizione: 1st ed.
Descrizione fisica: 1 online resource (27 p.)
Soggetto topico: Balance of trade - Econometric models
Demand (Economic theory) - Econometric models
Expenditures, Public - Econometric models
Fiscal policy - Econometric models
Imports - Econometric models
Capacity
Capital
Consumption
Economics
Expenditure
Expenditures, Public
Exports and Imports
Exports
Imports
Intangible Capital
International economics
Investment
Investments: General
Macroeconomics
Macroeconomics: Consumption
National Government Expenditures and Related Policies: General
Private consumption
Private investment
Public finance & taxation
Public Finance
Saving and investment
Saving
Trade: General
Wealth
Soggetto geografico: Japan
Altri autori: FunkeKatja  
Note generali: "June 2006."
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: ""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""
Sommario/riassunto: 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 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.
Titolo autorizzato: Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study  Visualizza cluster
ISBN: 9786613824820
9781462315499
1462315496
9781451991376
1451991371
9781283512374
1283512378
9781452702483
1452702489
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910967324803321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF Working Papers; Working Paper ; ; No. 2006/147