Fiscal multipliers in Low-income Sub-Saharan African countries
Abdou Daffeh,
Sergio Destefanis,
Mario Di Serio and
Matteo Fragetta ()
Economics Letters, 2024, vol. 240, issue C
Abstract:
This study estimates country-specific government consumption multipliers for 20 Low-Income Countries in Sub-Saharan Africa. Using a Bayesian random effect PVAR model, we find heterogeneous fiscal multipliers. Our results challenge the prevailing idea of limited fiscal stimulus effectiveness in these economies.
Keywords: Fiscal shocks; SSA multipliers; Bayesian heterogeneous panel threshold var (search for similar items in EconPapers)
JEL-codes: C33 E62 H50 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:240:y:2024:i:c:s0165176524002544
DOI: 10.1016/j.econlet.2024.111770
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