Can fiscal policy improve welfare in a small dependent economy with feedback effects?

Detalhes bibliográficos
Autor(a) principal: Costa, Luis F.
Data de Publicação: 2001
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/30141
Resumo: I develop an intertemporal general equilibrium two-sector model for a small dependent economy. Firms in the non-tradable-good sector are assumed to be large, both at the industry and the economy levels, and to compete over quantities. The exchange rate is fixed and financial capital is perfectly mobile. I study the effects of government purchases of goods on the macroeconomic short- and long-run equilibria when entry is possible. Sufficient conditions for welfare improvement are also derived.
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spelling Can fiscal policy improve welfare in a small dependent economy with feedback effects?Small Open EconomyIndustrial PoliciesInternational TradeExchange RateLabor MarketWelfareFiscal PolicyI develop an intertemporal general equilibrium two-sector model for a small dependent economy. Firms in the non-tradable-good sector are assumed to be large, both at the industry and the economy levels, and to compete over quantities. The exchange rate is fixed and financial capital is perfectly mobile. I study the effects of government purchases of goods on the macroeconomic short- and long-run equilibria when entry is possible. Sufficient conditions for welfare improvement are also derived.John Wiley & SonsRepositório da Universidade de LisboaCosta, Luis F.2024-02-16T09:26:40Z20012001-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/30141engCosta, Luis F. .(2001). “Can fiscal policy improve welfare in a small dependent economy with feedback effects?”. The Manchester School, Vol. 69 No. 4: pp. 1463-6786 (Search PDF in 2024).1467-995info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-02-18T01:31:59Zoai:www.repository.utl.pt:10400.5/30141Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T02:38:44.185447Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Can fiscal policy improve welfare in a small dependent economy with feedback effects?
title Can fiscal policy improve welfare in a small dependent economy with feedback effects?
spellingShingle Can fiscal policy improve welfare in a small dependent economy with feedback effects?
Costa, Luis F.
Small Open Economy
Industrial Policies
International Trade
Exchange Rate
Labor Market
Welfare
Fiscal Policy
title_short Can fiscal policy improve welfare in a small dependent economy with feedback effects?
title_full Can fiscal policy improve welfare in a small dependent economy with feedback effects?
title_fullStr Can fiscal policy improve welfare in a small dependent economy with feedback effects?
title_full_unstemmed Can fiscal policy improve welfare in a small dependent economy with feedback effects?
title_sort Can fiscal policy improve welfare in a small dependent economy with feedback effects?
author Costa, Luis F.
author_facet Costa, Luis F.
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Costa, Luis F.
dc.subject.por.fl_str_mv Small Open Economy
Industrial Policies
International Trade
Exchange Rate
Labor Market
Welfare
Fiscal Policy
topic Small Open Economy
Industrial Policies
International Trade
Exchange Rate
Labor Market
Welfare
Fiscal Policy
description I develop an intertemporal general equilibrium two-sector model for a small dependent economy. Firms in the non-tradable-good sector are assumed to be large, both at the industry and the economy levels, and to compete over quantities. The exchange rate is fixed and financial capital is perfectly mobile. I study the effects of government purchases of goods on the macroeconomic short- and long-run equilibria when entry is possible. Sufficient conditions for welfare improvement are also derived.
publishDate 2001
dc.date.none.fl_str_mv 2001
2001-01-01T00:00:00Z
2024-02-16T09:26:40Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/30141
url http://hdl.handle.net/10400.5/30141
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Costa, Luis F. .(2001). “Can fiscal policy improve welfare in a small dependent economy with feedback effects?”. The Manchester School, Vol. 69 No. 4: pp. 1463-6786 (Search PDF in 2024).
1467-995
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv John Wiley & Sons
publisher.none.fl_str_mv John Wiley & Sons
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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instacron_str RCAAP
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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