{"product_id":"the-effects-of-government-spending-shocks-evidence-from-tunisia-von-nesrine-marzouk-und-imed-harbaoui","title":"The Effects of Government Spending Shocks: Evidence from Tunisia","description":"\u003cp\u003eThis book performs a Structural Vector Auto Regression analysis on the Tunisian economy using quarterly interpolated data from 1990 to 2015 in the attempt of verifying and quantifying the short-term macroeconomic effects of public spending on private consumption. Our findings suggest that positive government spending shock has a positive but low impact on private consumption, while it has a crowding-out effect on GDP. We also find, surprisingly, that an increase in capital spending has a crowding-out effect on private consumption, while an increase in current spending has a crowding-in effect. A positive government revenue shock tends to have a positive impact on private consumption, while it has no impact on GDP in the short-term. Overall, an expansionary fiscal policy is not an effective tool to stimulate the Tunisian economic activity.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9786138468837\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9786138468837","offer_id":40149124153437,"sku":"9786138468837","price":54.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/7d70cc6e-19f6-47be-8bdb-c28bcaad1848.jpg?v=1775192275","url":"https:\/\/shop.autorenwelt.de\/products\/the-effects-of-government-spending-shocks-evidence-from-tunisia-von-nesrine-marzouk-und-imed-harbaoui","provider":"Autorenwelt Shop","version":"1.0","type":"link"}