Procyclical Tendencies in a Small Oil Exporter

Roger Hosein, Jaymieon Jagessar and Isaac Dialsingh
Additional contact information
Jaymieon Jagessar: The University of the West Indies, St. Augustine Campus, Trinidad and Tobago
Isaac Dialsingh: The University of the West Indies, St. Augustine Campus, Trinidad and Tobago

Economia Internazionale / International Economics, 2017, vol. 70, issue 3, 319-331

Abstract: This paper examines the conduct of fiscal policy in the Trinidad and Tobago economy over the period 1970 to 2014, with the main focus being on the cyclical patterns of government expenditure with respect to output and natural gas rents. We find evidence that fiscal policy in Trinidad and Tobago is procyclical with output and natural gas rents. Lastly, policy recommendations are suggested and general conclusions are made. Tendenze procicliche di una economia esportatrice di petrolio Questo studio esamina la condotta di politica fiscale nella economia di Trinidad e Tobago nel periodo 1970-2014, focalizzando l’attenzione sui modelli ciclici della spesa pubblica rispetto alla produzione ed ai profitti provenienti dalla vendita di gas naturale. Vi sono evidenze che la politica fiscale di Trinidad e Tobago è prociclica con la produzione ed i profitti provenienti dalla vendita di gas naturale. Nelle conclusioni vengono formulate alcune indicazioni politiche.

Keywords: Procyclical Fiscal Policies; Fiscal Cyclicality; Trinidad and Tobago (search for similar items in EconPapers)
JEL-codes: E32 E62 H30 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.iei1946.it/upload/rivista_articoli/alle ... n-et-alricfinalx.pdf Full text (application/pdf)

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:ris:ecoint:0806

Access Statistics for this article

Economia Internazionale / International Economics is currently edited by Giovanni Battista Pittaluga

More articles in Economia Internazionale / International Economics from Camera di Commercio Industria Artigianato Agricoltura di Genova Via Garibaldi 4, 16124 Genova, Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Angela Procopio ().