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Makroekonomski učinci fiskalne politike u malim otvorenim gospodarstvima

In: Održivost javnih financija na putu u monetarnu uniju

Author

Listed:
  • Milan Deskar-Škrbić

    (Croatian National Bank)

Abstract

Teorijski modeli i empirijska istraživanja upućuju na to da otvorenost gospodarstva može imati značajne učinke na stabilizacijske mogućnosti fiskalne politike. Uvozna ovisnost cjelokupnog gospodarstva, uvozna ovisnost same državne potrošnje, supstitutivnost domaćih i inozemnih proizvoda, tečajni režim (koji određuje policy mix između fiskalne i monetarne politike) te veza između fiskalnog deficita i trgovinskog deficita samo su neka od obilježja otvorenih gospodarstava koja mogu značajno utjecati na veličinu fiskalnih multiplikatora i makroekonomske učinke fiskalne politike. U ovom radu se daje sažet pregled teorijske i empirijske literature o makroekonomskim učincima fiskalne politike u malim otvorenim gospodarstvima, s posebnim naglaskom na istraživanja za Hrvatsku. Zaključci rada upućuju na to da se u diskusijama o fiskalnoj politici u Hrvatskoj uvijek mora voditi računa o činjenici da je Hrvatska malo i otvoreno gospodarstvo, s relativno visokim javnim dugom. Takve osobine hrvatskoga gospodarstva za nositelje fiskalne politike predstavljaju značajne izazove.

Suggested Citation

  • Milan Deskar-Škrbić, 2020. "Makroekonomski učinci fiskalne politike u malim otvorenim gospodarstvima," EFZG Occasional Publications (Department of Finance), in: Gordan Družić & Hrvoje Šimović (ed.),Održivost javnih financija na putu u monetarnu uniju, chapter 7, pages 105-120, Faculty of Economics and Business, University of Zagreb.
    • Handle: RePEc:zag:financ:2007
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