Publications in English

Fiscal Multipliers: Empirical Evidence for a Cost-Effective Allocation of Public Investment

Fecha de Publicación
Autores
Osmar Bolivar
Bolivian Economic Research Papers (2022) Vol. 5(2), 1-28
Palabras claves
Fiscal multiplier
Public Investment
multiplier effect
BSVAR
input-output model.
Fiscal Multipliers: Empirical Evidence for a Cost-Effective Allocation of Public Investment
Resumen

This research provides empirical evidence on the multiplier effects of various types of public investment, offering insights to optimize the allocation of public investment resources from a cost-effectiveness perspective. The results indicate that the most cost-effective public investments are in sectors such as basic sanitation, hydrocarbons, urban planning, health, and agriculture.