000 01582nam a22002657a 4500
003 ZW-GwMSU
005 20201217120020.0
008 201217b ||||| |||| 00| 0 eng d
022 _a17487870
040 _aMSU
_cMSU
_erda
050 _aHD1918
100 1 _aCortuk, Orcan
_eauthor
245 1 2 _aA disaggregated approach to the determination of government spending multipliers
_ccreated by Orcan Cortuk
264 _aOxfordshire
_bTaylor and Francis
_c2013
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of Economic Policy Reform
_vVolume 16, number 1,
520 _aThis paper contributes to the debate on the effects of fiscal stimuli by showing that the impact of government expenditure depends on its composition. Government spending is not homogeneous and its effects on economic variables vary depending on its type. Comparing the effects of three types of government spending (investment, wage and non-wage components of consumption), it is concluded that government investment shocks are not the most effective spending shocks in boosting output, contrary to common opinion. Instead, the wage component government consumption has the biggest impact, whereas the non-wage component government consumption has the least. This variation stems mainly from the effects on (private) consumption.
650 _aGovernment investment
650 _aGovernment consumption
650 _aMultiplier
856 _uhttp://dx.doi.org/10.1080/17487870.2012.755812
942 _2lcc
_cJA
999 _c156032
_d156032