Structural fiscal balance Costa Rica 1998 – 2014
Αποθηκεύτηκε σε:
Συγγραφέας: | |
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Μορφή: | artículo original |
Κατάσταση: | Versión publicada |
Ημερομηνία έκδοσης: | 2017 |
Περιγραφή: | 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. |
Χώρα: | Portal de Revistas UCR |
Ίδρυμα: | Universidad de Costa Rica |
Repositorio: | Portal de Revistas UCR |
Γλώσσα: | Español |
OAI Identifier: | oai:portal.ucr.ac.cr:article/29096 |
Διαθέσιμο Online: | https://revistas.ucr.ac.cr/index.php/economicas/article/view/29096 |
Λέξη-Κλειδί : | FINANCE STATE INCOME EXPENDITURE BUDGET ECONOMIC GROWTH FISCAL POLICY FINANCIAL STATEMENT FINANZAS ESTADO INGRESO GASTOS PRESUPUESTO CRECIMIENTO ECONÓMICO POLITICA FISCAL ESTADO FINANCIERO |