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. 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

• Κύριος συγγραφέας: Bonifaz, Kevin (author)
• Άλλοι συγγραφείς: Proaño, Cesar (author)
• Μορφή: article
• Γλώσσα: spa
• Έκδοση: 2021
• Θέματα: Gasto Público; Importaciones; SVAR; Ecuador
• Διαθέσιμο Online: https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/335