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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA)
Pereira, A. M. & Roca?Sagalés, O. (2011). Long-term effects of fiscal policies in Portugal. Journal of Economic Studies. 38 (1), 114-127
Exportar Referência (IEEE)
A. M. Pereira and O. Roca?Sagalés,  "Long-term effects of fiscal policies in Portugal", in Journal of Economic Studies, vol. 38, no. 1, pp. 114-127, 2011
Exportar BibTeX
@article{pereira2011_1714778124563,
	author = "Pereira, A. M. and Roca?Sagalés, O.",
	title = "Long-term effects of fiscal policies in Portugal",
	journal = "Journal of Economic Studies",
	year = "2011",
	volume = "38",
	number = "1",
	doi = "10.1108/01443581111096178",
	pages = "114-127",
	url = "http://www.emeraldinsight.com/doi/abs/10.1108/01443581111096178"
}
Exportar RIS
TY  - JOUR
TI  - Long-term effects of fiscal policies in Portugal
T2  - Journal of Economic Studies
VL  - 38
IS  - 1
AU  - Pereira, A. M.
AU  - Roca?Sagalés, O.
PY  - 2011
SP  - 114-127
SN  - 0144-3585
DO  - 10.1108/01443581111096178
UR  - http://www.emeraldinsight.com/doi/abs/10.1108/01443581111096178
AB  - Purpose: This paper seeks to estimate the long-term effects on output of different fiscal policies in Portugal. Design/methodology/approach: Results are obtained from accumulated impulse response functions associated with unrestricted VAR models that include several public spending and taxation variables in addition to output. Findings: Empirical results suggest that the effects of fiscal policies are within the Keynesian paradigm for public investment and direct taxation. In turn, non-Keynesian effects dominate in the case of intermediate public consumption and indirect taxation where the effects are negligible. Practical implications: Cuts in public consumption and increases in indirect taxations seem to be the most desirable instruments for fiscal consolidation in Portugal. Also, deficit-neutral policies that offset increases in public investment with increases in indirect taxes have long-term positive effects on output. The same is true for cuts in direct taxation offset with cuts in all forms of public spending except for public investment. Originality/value: This is one of the few papers in this literature to use disaggregated public spending and taxation data. It is also a seminal application to the Portuguese case.
ER  -