The paper examines the macroeconomic effects of fiscal policy under varying economic conditions. The analysis is conducted using a closed-economy agent-based model, where macroeconomic outcomes of fiscal intervention emerge from the bottom up as the result of interactions between heterogeneous...

This article employs two alternative approaches based on input-output tables to re-evaluate key Australian industries and their interconnections. The first approach utilizes traditional linkages, while the second approach employs machine learning methods. Data come from the OECD database for...

This paper estimates the fiscal multipliers of green public spending using a linear Bayesian Panel VAR and a Smooth Transition VAR framework, with quarterly data for the period 1995Q1-2022Q4 for EU member states. We group EU member states based on similar- ities in debt trajectories and green...

This research investigates the multiplier effect of ferry transportation development on the medium-term economy of Samosir Island from 2016 to 2022. The study will provide insights into the implications of ferry transportation for the economies of rural or remote regions like Samosir Island. The...

What are the job multipliers of the green industrialization? We tackle this question within EU regions over the period 2003-2017, building a novel measure of green manufacturing penetration that combines green production and regional employment data. We estimate local job multipliers of green...

Econometric results suggest that Qatar's strong capital spending multiplier became less impactful as the stock of capital rose to a high level, likely as the marginal impact declined. This supports Qatar's strategy to shifts the State's role to an enabler of private sector-led growth, focusing...