Did Fiscal Space Foster Covid-19's Fiscal Stimuli ?

Ablam Estel Apeti (), Jean-Louis Combes, Xavier Debrun and Alexandru Minea
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Ablam Estel Apeti: CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne

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Abstract: Using a large sample of 125 countries we evaluate the effect of the pre-Covid-19 fiscal space on the size of the fiscal stimulus packages in response to the virus. We find that higher ratings and higher tax revenues (to public debt) predict the size of fiscal stimuli, while public debt (to GDP) does not. These findings vary with countries' level of economic development and the type of fiscal stimuli.

Keywords: Covid-19; Fiscal space; Economic development (search for similar items in EconPapers)
Date: 2021-03-19
New Economics Papers: this item is included in nep-mac
Note: View the original document on HAL open archive server: https://uca.hal.science/hal-03351634v1
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Citations: View citations in EconPapers (2)

Published in Covid Economics Papers, 2021, 74, pp.71-93

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03351634

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