Structural fiscal balance Costa Rica 1998 – 2014

 

Guardado en:
Detalles Bibliográficos
Autor: Rojas, Daniel
Formato: artículo original
Estado:Versión publicada
Fecha de Publicación:2017
Descripción:This article presents a structural fiscal balance for the Costa Rican economy. The structural balance is an ex-post indicator of fiscal policy performance which attempts to contribute to the development of a fiscal rule. In order to derive this indicator the IMF’s general methodology was applied to data from the Costa Rican Ministry of Finance. The elasticities of tax revenues and current expenditure to national output were estimated by means of a simple OLS model while potential output was estimated by means of the Hodrick-Prescott. The article’s main conclusion is that the structural fiscal balance moves in the same direction as that of the output gap.
País:Portal de Revistas UCR
Institución:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Lenguaje:Español
OAI Identifier:oai:portal.ucr.ac.cr:article/29096
Acceso en línea:https://revistas.ucr.ac.cr/index.php/economicas/article/view/29096
Access Level:acceso abierto
Palabra clave:FINANCE
STATE
INCOME
EXPENDITURE
BUDGET
ECONOMIC GROWTH
FISCAL POLICY
FINANCIAL STATEMENT
FINANZAS
ESTADO
INGRESO
GASTOS
PRESUPUESTO
CRECIMIENTO ECONÓMICO
POLITICA FISCAL
ESTADO FINANCIERO