Quasi-Fiscal Deficit in Non-Financial Enterprises
| Autor: | Robert Tchaidze |
|---|---|
| Rok vydání: | 2007 |
| Předmět: |
business.industry
Public sector Financial system Subsidy Budget deficits Fiscal policy Payments arrears Private sector Taxes quasi-fiscal deficit implicit subsidies tax arrears payment arrears subsidies fiscal deficit budget deficit quasi-fiscal activities National Deficit Surplus Deficit spending Fiscal deficit General Earth and Planetary Sciences Energy market Business General Environmental Science Quality function deployment |
| Zdroj: | SSRN Electronic Journal. |
| ISSN: | 1556-5068 |
| DOI: | 10.2139/ssrn.959302 |
| Popis: | This paper discusses two ways of evaluating the quasi-fiscal deficit (QFD) and the link between them. It also suggests how to properly account for the QFD when calculating the overall deficit of the public sector. Finally, using an example of the energy market, it shows how to untangle a web of mutual nonpayments and properly evaluate the QFD generated in a sector characterized by the presence of both private and public agents. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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