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The effects of CSF 1994-1999 on the Portuguese economy

dc.contributor.authorModesto, Leonor
dc.contributor.authorNeves, Pedro Duarte
dc.date.accessioned2024-09-18T16:46:30Z
dc.date.available2024-09-18T16:46:30Z
dc.date.issued1994
dc.description.abstractThis paper tries to assess the macroeconomic effects of the CSF 1994-99 on the Portuguese economy using the macroeconomic HERMIN-Portugal model. To that end, after briefly presenting the main characteristics of the model and providing an overview of the Portuguese CSF programmes, we offer a detailed description of the methodology used in the quantification of the effects of those CSF programmes. The contribution to growth of these programmes, both separately and jointly, is analysed and compared with a stylised projection of the Portuguese economy used as benchmark. A major novelty of the current work is the consideration of supply effects. The simulation exercises performed show that die CSF 1994-99 package has potentially important effects on the Portuguese economy. This work suggests that the injection of the CSF funds could trigger a response pattern that would increase die level of GDP by more than amount injected.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.34632/economia.1994.17023pt_PT
dc.identifier.issn0870-3531
dc.identifier.urihttp://hdl.handle.net/10400.14/46605
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.titleThe effects of CSF 1994-1999 on the Portuguese economypt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.titleEconomiapt_PT
oaire.citation.volume18pt_PT
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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