Contents of the volume

2017, Volume 70 - Issue 3

ISSN: 2499-8265
RSS feed citation: At RePEc
Publication date: 01 August 2017

ASYMMETRIC EFFECT OF REAL EXCHANGE RATE VOLATILITY ON AGRICULTURAL PRODUCTS EXPORT: A CASE STUDY

Otse F. Alegwu, Benjamin C. Asogwa, Goodness C. Aye

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FACTORS INFLUENCING INTER-REGIONAL LIVING-COST DIFFERENTIALS: PANEL DATA ANALYSIS FOR THE CASE OF THE U.S.

Richard Cebula, John CONNAUGHTON , Caroline SWARTZ

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HOW MUCH INEQUALITY IS HARMFUL FOR GROWTH? THE GROWTH MAXIMIZING RATE OF INEQUALITY IN THE CONTEXT OF THE MEXICAN ECONOMY

Jorge Charles-Coll, Elisabeth L. MAYER-GRANADOS

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PROCYCLICAL TENDENCIES IN A SMALL OIL EXPORTER

Roger Hosein, Isaac DIALSINGH, Jaymieon JAGESSAR

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WHEN IS LOWER INFLATION LESS STABLE? EVIDENCE FROM EIGHT DEVELOPING ECONOMIES

Georgios Karras

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INDIA'S BURGEONING FOOD SUBSIDIES: HOW MUCH CAN WE BLAME THE FOOD CORPORATION OF INDIA?

Swaha Shome, Mala Lalvani

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ACHIEVING SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT IN COMMUNITIES ACROSS THE UNITED STATES

Oluwole Owoye, Olugbenga A. Onafowora

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Roger HOSEIN, , Department of Economics, The University of the West Indies, St. Augustine Campus, Trinidad and Tobago

Co-authors

Isaac DIALSINGH, Department of Mathematics and Statistics, The University of the West Indies, St. Augustine Campus, Trinidad and Tobago

Jaymieon JAGESSAR, Department of Economics, The University of the West Indies, St. Augustine Campus, Trinidad and Tobago

Procyclical Tendencies in a Small Oil Exporter

Pages

319-331

Abstract

This paper examines the conduct of fiscal policy in the Trinidad and Tobago economy over the period 1970 to 2014, with the main focus being on the cyclical patterns of government expenditure with respect to output and natural gas rents. We find evidence that fiscal policy in Trinidad and Tobago is procyclical with output and natural gas rents. Lastly, policy recommendations are suggested and general conclusions are made.

JEL classification

E32, E62, H30

Keywords

Procyclical Fiscal Policies, Fiscal Cyclicality, Trinidad and Tobago

Index

  1. Introduction
  2. Overview of the Trinidad and Tobago economy
  3. Methodology and data
  4. Empirical results and discussion
  5. Conclusion and policy recommendation

          Appendix

Bibliography

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