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Journal Articles Economics Letters Year : 2023

Does it matter where and how governments spend?

Abstract

This paper studies government spending multipliers in a panel of OECD countries. While recent literature has highlighted the differences in government consumption and investment effects, we extend this approach sectorally and report findings that suggest strong heterogeneities across sectors for government spending and output. Differences in price stickiness and sectors’ position in the production network are the main drivers of these heterogeneities.
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Dates and versions

hal-04171879 , version 1 (31-08-2023)

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Ernil Sabaj, Rashid Sbia, Haytem Troug. Does it matter where and how governments spend?. Economics Letters, 2023, 228, pp.111158. ⟨10.1016/j.econlet.2023.111158⟩. ⟨hal-04171879⟩
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