Budget expenditures and Input-Output model

Ceyhun Abbasov () and Murad Yusifov ()
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Ceyhun Abbasov: Central Bank of Azerbaijan Republic
Murad Yusifov: Central Bank of Azerbaijan Republic

No 1501, Working Papers from Central Bank of Azerbaijan Republic

Abstract: The purpose of the research is to determine the impact of budget expenditures to the outputs of economic activity fields of the economy. In this study it is used of macro-economic model(inputoutput model) and econometric model. Here the changes in economic activity fields have been investigated in case of decreasing the budget expenditure. As a result of several simulations it was found that in case of decrease in budget expenditure, this impact would appear to be different in various economic spheres. As the research work gives opportunity to determine the impact of decrease in budget expenditures to the various economic spheres it is actual and assumes practical importance.

Keywords: Input-output model; econometric estimation; budget expenditures; intermediary consumption; total output. (search for similar items in EconPapers)
JEL-codes: C13 H72 R15 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2015-09-01
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Persistent link: https://EconPapers.repec.org/RePEc:aze:wpaper:1501

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