Incidence of public spending on imports by use or economic destination, the case of Ecuador for the period 2000-2019
A crucial issue in the international economy is the effects of fiscal policy, in fact, numerous studies argue that fiscal policy has stabilizing and positive effects producing economic expansion, however, this policy can also have effects on other macroeconomic aggregates such as the balance. commer...
সংরক্ষণ করুন:
| প্রধান লেখক: | |
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| অন্যান্য লেখক: | |
| বিন্যাস: | article |
| ভাষা: | spa |
| প্রকাশিত: |
2021
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| বিষয়গুলি: | |
| অনলাইন ব্যবহার করুন: | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/335 |
| ট্যাগগুলো: |
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ট্যাগ যুক্ত করুন | সংক্ষিপ্ত: | A crucial issue in the international economy is the effects of fiscal policy, in fact, numerous studies argue that fiscal policy has stabilizing and positive effects producing economic expansion, however, this policy can also have effects on other macroeconomic aggregates such as the balance. commercial or any of its components such as exports or imports. Thus, from the macroeconomic approach based on the Keynesian approach to aggregate demand, the first evidence appears to support the relationship between the fiscal sector and the external sector of open economies. Ecuador adopts the dollar as its official currency, this event causes monetary policy in the country to become indirect, causing fiscal policy, through public spending, to have a broad impact on the economy in general (Naranjo, 2013) . Specifically, fiscal policy aims to find stabilizing effects in the economy in the short term, therefore, Krugman et al. (2013) mention that an expansive fiscal policy, through an increase in transfers, a reduction in taxes or an increase in public spending will cause an increase in aggregate demand in order to end recession stages |
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