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Macroeconomic Effects of Fiscal Policy in Morocco: An Approach to Structural VAR
Applied Economics and Finance
View Archive Info| Field | Value | |
| Title |
Macroeconomic Effects of Fiscal Policy in Morocco: An Approach to Structural VAR
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| Creator |
Bahaddi, Tlaytmaste
Karim, Mohamed |
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| Description |
This article evaluates the short-term macroeconomic effectiveness of a structural rise in public spending in Morocco through a Structural Vector Autoregressive Model (SVAR) inspired by the approach of Blanchard and Perotti (2002).The response of the real economic activity following a structural rise of the public spending is small and significant only in the very short term. The evaluation of transmission channels reveals, moreover, a deterioration of the trade balance and a depreciation of the real effective exchange rate. Finally, the results of the estimation concluded that discretionary fiscal shocks have a Keynesian effect on the level of activity.
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| Publisher |
Redfame Publishing
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| Contributor |
—
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| Date |
2017-12-19
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://redfame.com/journal/index.php/aef/article/view/2874
10.11114/aef.v5i1.2874 |
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| Source |
Applied Economics and Finance; Vol 5, No 1 (2018); 75-80
2332-7308 2332-7294 |
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| Language |
eng
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| Relation |
http://redfame.com/journal/index.php/aef/article/view/2874/3075
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| Rights |
Copyright (c) 2017 Applied Economics and Finance
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