On the interaction between government spending and economic performance in Sweden: an asymmetric approach

Abdulnasser Hatemi-J

Applied Economics Letters, 2014, vol. 21, issue 15, 1099-1103

Abstract: This article applies newly developed asymmetric impulse response functions and asymmetric variance decompositions to investigate the dynamic relationship between government spending and the GDP at constant prices in Sweden. The estimated results show that an innovation in the government spending does not lead to a significant response in the GDP regardless of whether or not the asymmetric property is taken into account in the estimation of the impulses. The asymmetric variance decompositions also provide support for this conclusion. This might support the view that the Ricardo equivalence theorem is valid in the case of Sweden.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2014.912027 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:21:y:2014:i:15:p:1099-1103

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2014.912027

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().