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Query: faculty: "FEB" and publication year: "2006"

AuthorsR.M.W.J. Beetsma, M. Giuliodori, F.J.G.M. Klaassen
TitleTrade Spilovers of fiscal Policy in the European Union: A Panel Analysis.
JournalEconomic Policy
Volume21
Year2006
Issue48
Pages640-687
ISSN02664658
FacultyFaculty of Economics and Business
Institute/dept.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
AbstractSpill-overs in the EU
We explore international spill-overs from fiscal policy shocks via trade in Europe. To assess and quantify the channels through which a fiscal expansion stimulates domestic activity, foreign exports, and foreign output, we estimate a dynamic empirical model of government spending, net taxes, and output, and combine its estimates with a panel model of trade linkages across European countries. The baseline estimates of both models are quite robust and statistically significant. Our results indicate that trade spill-overs of fiscal shocks should be taken into account when assessing the character and intensity of economic integration in the European Union.
Document typeArticle
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