المستخلص: |
The aim of this paper is to analyze the effects of discretionary measures of fiscal policy on the economic activity and to estimate the size of fiscal multiplier s in Algeria. Econometric framework is based on the structural VAR model SVAR),with Blanchard-Perotti identification method that uses information on institutional characteristics of fiscal system. consolidated and general consolidated government and aggregate demand for the period from 2004-2021. The results show that our initial assumptions about the difference in the size of the multiplier of government expenditures and indirect tax revenues between three levels of government consolidation have been confirmed.
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