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| Idrys Fransmel Okombi |
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| ''Non-Linear Response of Fiscal Policy to the Business Cycle: Empirical Evidence in Sub-Saharan Africa'' |
| ( 2021, Vol. 41 No.3 ) |
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| This article examines the cyclicality of tax policy on a sample of 12 Sub-Saharan African countries for the period 2004-2018. Based on the threshold effect model (PTR), the results show that there are thresholds for mining rent, credit, public debt and corruption, which condition the passage from the pro-cyclical fiscal reaction to the counter-cyclical fiscal reaction in sub-Saharan Africa. |
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| Keywords: Fiscal Policy, Business Cycle, Africa. |
JEL: E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General
E3 - Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) |
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| Manuscript Received : Sep 23 2020 | | Manuscript Accepted : Jul 18 2021 |
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