Hidden Bibliographic Details
| Other authors / contributors: | Lemus, Anthony, author.
Mrkaić, Mićo, author.
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| ISBN: | 1299678009
9781299678002
9781484398050
148439805X
9781484359914
1484359917
9781484384978
1484384970
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| Notes: | Includes bibliographical references (page 16).
Print version record.
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| Summary: | The multipliers of taxes, and government consumption and investment expenditure for the Eastern Caribbean Currency Union (ECCU) are estimated using vector autoregression models with panel data. The impact and long-run multipliers are below unity, suggesting that a great extent of the intended impulse ends up expanding imported demand. The long-run multipliers of taxes and consumption expenditure are non-different from zero statistically, while public investment has a long-run multiplier of 0.6. The results suggest that countercyclical policies to stimulate growth should focus on public investment.
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| Other form: | Print version: 9781299678002
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