The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: An analysis of the effect of fiscal expenditure on the income distribution of Chilean households
Quintiles | Change in income share for quintile i | Direction of the effect | Fiscal multiplier for quintile | Share of gross income | Total multiplier of fiscal expenditure |
---|---|---|---|---|---|
\(\frac{\left[{\left(M\mathrm{d}x\right)}_{i}-{y}_{i}\sum_{j=1}^{s}{\left(M\mathrm{d}x\right)}_{j}\right]}{{e}^{^{\prime}}{Y}_{s}}\) | \({(M\mathrm{d}x)}_{i}-{y}_{i}\sum_{j=1}^{s}{(M\mathrm{d}x)}_{j}\) | \({(M\mathrm{d}x)}_{i}\) | \({y}_{i}\) | \(\sum_{j=1}^{s}{(M\mathrm{d}x)}_{j}\) | |
(1) | (2) | (3) | (4) | (5) | (6) |
1 (Poorest) | \(0.26*{10}^{-15}\) | 0.041 | 0.218 | 0.004 | 40.04 |
2 | \(0.23*{10}^{-15}\) | 0.037 | 0.405 | 0.009 | 40.04 |
3 | \(0.55*{10}^{-15}\) | 0.086 | 0.609 | 0.013 | 40.04 |
4 | \(0.35*{10}^{-15}\) | 0.055 | 0.945 | 0.022 | 40.04 |
5 (Richest) | \(- 0.53*{10}^{-15}\) | − 0.083 | 2.557 | 0.066 | 40.04 |