Since 2014
Analysis of Fiscal Sustainability under a Concept of Fiscal Space
NIDA Economic Review Journal
View Archive Info| Field | Value | |
| Title |
Analysis of Fiscal Sustainability under a Concept of Fiscal Space
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| Creator |
Asava-vallobh, Norabajra
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| Description |
This paper employs the concept of “fiscal space” to examine the Thai fiscal sustainability. The idea is toestimate fiscal response function of public debt to fiscal balance, which can be used to calculate the level ofdebt to GDP ratio in equilibrium together with its ceiling. The results show that the equilibrium of debt to GDPin Thailand is at 45.3 percent which is quite close to its current level. Moreover, it is found that the ceiling ofdebt to GDP ratio is at 60 percent which is consistent with the Thai Ministry of Finance’s policy framework onfiscal sustainability.
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| Publisher |
Development Economic Review
พัฒนาการเศรษฐกิจปริทรรศน์ |
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| Date |
2014-07-01
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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 |
https://tci-thaijo.org/index.php/NER/article/view/22408
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| Source |
Development Economic Review; Vol 8 No 2 (2557): NIDA Economic Review Journal; 70
พัฒนาการเศรษฐกิจปริทรรศน์; Vol 8 No 2 (2557): NIDA Economic Review Journal; 70 1906-2540 |
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| Language |
eng
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| Relation |
https://tci-thaijo.org/index.php/NER/article/view/22408/19228
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| Rights |
Copyright (c) 2017 Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์)
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