Estimation of the structural Fiscal Balance in Nicaragua for the period 1994-2016

Authors

DOI:

https://doi.org/10.5377/reice.v5i10.5534

Keywords:

Public Income, Public spending, Fiscal Balance, PIB Potential, Fiscal policy.

Abstract

The article presents the estimation of a structural fiscal balance indicator for Nicaragua. For this, the general methodology proposed by IMF was used, to achieve this purpose they estimated two econometric models, the first to determine the elasticity of tax revenues and the second for the current expenditure elasticity with respect to the Real National Gross Domestic Product and also used the Hodrick-Prescott filter to estimate Potential GDP, the data were obtained from the Statistical Yearbook of the Central Bank of Nicaragua. The structural fiscal balance estimated empirically has the same behavior as the gap between effective product and potential, in addition it is inferred that the result of fiscal policy obeys to a structural component of economic activity

Downloads

Download data is not yet available.
Abstract
965
PDF (Español (España)) 993
XHTML (Español (España)) 376

Downloads

Published

2018-01-10

How to Cite

Morales Rivas, O. D., & Flores Mendez, L. A. (2018). Estimation of the structural Fiscal Balance in Nicaragua for the period 1994-2016. Revista Electrónica De Investigación En Ciencias Económicas, 5(10), 115–132. https://doi.org/10.5377/reice.v5i10.5534

Issue

Vol. 5 No. 10 (2017): July - December

Section

Research Articles

License

Copyright (c) Revista Electronica de Investigacion en Ciencias Economicas

The rights to the articles published in REICE are from the journal, in order to be able to manage their best dissemination. However, since the purpose of the same is the dissemination of knowledge, this journal provides immediate free access to its content, under the principle that making research available to the public free of charge, which fosters a greater exchange of global knowledge.

The opinions expressed by the authors do not necessarily reflect the position of the publisher of the publication or of the UNAN-Managua. Its reproduction and distribution is authorized (in any type of support) provided that the following indications are fulfilled:

  • The authorship of the work
  • Indicate its origin (REICE magazine, volume, number and electronic address of the document)