Measuring effectiveness of fiscal policy in OECD countries

Authors
Viren, M
Citation
M. Viren, Measuring effectiveness of fiscal policy in OECD countries, APPL ECON L, 7(1), 2000, pp. 29-34
Citations number
6
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS LETTERS
ISSN journal
13504851 → ACNP
Volume
7
Issue
1
Year of publication
2000
Pages
29 - 34
Database
ISI
SICI code
1350-4851(200001)7:1<29:MEOFPI>2.0.ZU;2-D
Abstract
The paper discusses the measurement of fiscal policy effects in the OECD/EU countries. The analysis is based on a simple VAR model for output growth, inflation and a fiscal indicator. Empirical analyses with data from 21 OECD countries for 1960-1996 show that fiscal policy effects differ considerabl y between EU countries. The core EMU countries do not seem to include Franc e and Spain.