| bibtype |
K -
Conference Paper (Czech conference)
|
| ARLID |
0349668 |
| utime |
20240103194129.2 |
| mtime |
20101118235959.9 |
| WOS |
000287979900005 |
| title
(primary) (eng) |
What the Data Say about the Effects of Fiscal Policy in the Czech Republic? |
| specification |
|
| serial |
| ARLID |
cav_un_epca*0349667 |
| ISBN |
978-80-7394-218-2 |
| title
|
Mathematical Methods in Economics 2010 |
| page_num |
24-29 |
| publisher |
| place |
Ceske Budejovice |
| name |
University of South Bohemia |
| year |
2010 |
|
| editor |
|
| editor |
| name1 |
Friebelova |
| name2 |
Jana |
|
|
| keyword |
fiscal policy |
| keyword |
fiscal multiplier |
| author
(primary) |
| ARLID |
cav_un_auth*0231592 |
| name1 |
Baxa |
| name2 |
Jaromír |
| full_dept (cz) |
Ekonometrie |
| full_dept (eng) |
Department of Econometrics |
| department (cz) |
E |
| department (eng) |
E |
| institution |
UTIA-B |
| full_dept |
Department of Econometrics |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| source |
|
| cas_special |
| project |
| project_id |
GD402/09/H045 |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0253998 |
|
| project |
| project_id |
GA402/09/0965 |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0253176 |
|
| research |
CEZ:AV0Z10750506 |
| abstract
(eng) |
In this paper, we provide the estimates of the fiscal multiplier in the Czech economy, based on the methodology of the fiscal VAR. The basic idea, adding fiscal variables into the macroeconomic VAR model, follows Blanchard and Perotti (2002). For estimation of our model, we utilize the dataset with quarterly data on a sample from the first quarter of 1998 to the second quarter of 2009. Our main results are as follows. Firstly, government expenditures have a positive and significant impact on the GDP. By contrast, a response of GDP on a shock to government revenues is slightly negative and in most specifications not significant. Secondly, these results are robust to various sensitivity checks. Consequently, the restoration of sustainable fiscal policy should focus rather on the revenues side than in the government expenditures, since a significant cut in government spending would probably have slowed down economic growth. |
| action |
| ARLID |
cav_un_auth*0265736 |
| name |
Mathematical Methods in Economics |
| place |
Ceske Budejovice |
| dates |
08.09.2010-10.09.2010 |
| country |
CZ |
|
| reportyear |
2011 |
| RIV |
AH |
| permalink |
http://hdl.handle.net/11104/0189843 |
| arlyear |
2010 |
| mrcbU34 |
000287979900005 WOS |
| mrcbU63 |
cav_un_epca*0349667 Mathematical Methods in Economics 2010 978-80-7394-218-2 24 29 Mathematical Methods in Economics 2010 Ceske Budejovice University of South Bohemia 2010 |
| mrcbU67 |
Houda Michal 340 |
| mrcbU67 |
Friebelova Jana 340 |
|