Fiscal deficit in sub-saharan Africa: A new intuition from the institution and political drivers. [PDF]
Motivated by the growing fiscal deficits in sub-Saharan Africa, this study examines fiscal deficit's economic, political, and institutional drivers using a panel of twenty-three sub-Saharan African countries. Panel spatial consistent correlation, dynamic
Ezekiel Olamide Abanikanda +2 more
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The effect of fiscal deficits on the external imbalances in the European Union [PDF]
This paper analyzes the effect of the fiscal deficit on the current account deficit in the European Union during the period 1995-2018. The purpose is to examine to what extent an increase in government spending affects the deterioration of terms of trade
Josifidis Kosta +2 more
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Are fiscal deficits inflationary in Nigeria? New evidence from bounds testing to cointegration with structural breaks [PDF]
In this paper, we model the relationship between fiscal deficit and inflation for Nigeria using annual data from 1980 to 2016. We employ the linear ARDL approach and account for structural breaks using the Bai and Perron (2003) test that allows ...
Fasanya Ismail O. +2 more
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Fiscal deficit and trade deficit nexus in Pakistan: An econometric inquiry [PDF]
This study is an attempt to explore the short-term and long-term effects of the fiscal deficit along with other macroeconomic variables on the deteriorating trade deficit of Pakistan from 1980 to 2018 by using time series estimation techniques ...
Abbas Shujaat, Waheed Abdul
doaj +4 more sources
Expansionary Fiscal Shocks and the Trade Deficit [PDF]
In this paper, we use an open economy DGE model (SIGMA) to assess the quantitative effects of fiscal shocks on the trade balance in the United States. We examine the effects of two alternative fiscal shocks: a rise in government consumption, and a reduction in the labor income tax rate.
Christopher J. Erceg +2 more
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On the fiscal deficit and economic growth in sub-Saharan Africa: A new evidence from system GMM. [PDF]
Using a two-step approach GMM, this study examines the short- and long-term effects of fiscal deficit on the economic growth of 42 Sub-Saharan African nations between 2011 and 2021.
Atnafu Gebremeskel Sore +2 more
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Primary Deficit, Fiscal Deficit - Debt Dynamics in India
Madhu sudhanan S
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Economic growth in the Central East European Union and the Western Balkan countries in the course of Stability and Growth Pact and COVID-19 [PDF]
This research aims to provide an empirical assessment of the relationship between fiscal policy sustainability factors, like fiscal deficit and economic growth in the Western Balkan countries and East European Union Countries, using panel-level data ...
Bardhyl Dauti, Shiret Elezi
doaj +1 more source
From Surplus to Deficit Fiscal Policy [PDF]
The article discusses the reasoning associated with the change in the trajectory of the Russian budgetary policy in the current cycle and the substantiation of the forecast values of the main macroeconomic indicators used in the formation of the federal budget.
Afanas’ev, M. P., Shash, N. N.
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DEVOLUTION, INDEPENDENCE AND WALES’ FISCAL DEFICIT [PDF]
AbstractDebate around Wales’ place in the United Kingdom has intensified over recent years, with radically differing visions for the union of the Welsh and UK governments emerging alongside growing (though still minority) support for Welsh independence.
Ifan, Guto, Sion, Cian, Wincott, Daniel
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