The Fiscal-Budget Flexibility and the Expansion of COVID-19

8 Pages Posted: 10 Apr 2020

See all articles by Kebin Deng

Kebin Deng

South China University of Technology

Feng Lin

South China University of Technology

Puman Ouyang

National Chung Cheng University

Date Written: April 7, 2020

Abstract

This paper documents the daily COVID-19 case-growth rates in the low fiscal flexibility countries are significantly higher than those in the high-flexibility countries by 49.1% averagely, given other conditions under the same. Moreover, the impact of fiscal-budget flexibility only functions when the expansion of COVID-19 is not out of hand, e.g., is still in a moderate speed.

Keywords: Fiscal-Budget Flexibility; Constitutional Budget-Balance Rules; COVID-19

JEL Classification: H51; I18

Suggested Citation

Deng, Kebin and Lin, Feng and Ouyang, Puman, The Fiscal-Budget Flexibility and the Expansion of COVID-19 (April 7, 2020). Available at SSRN: https://ssrn.com/abstract=3570436 or http://dx.doi.org/10.2139/ssrn.3570436

Kebin Deng (Contact Author)

South China University of Technology ( email )

Wushan
Guangzhou, AR Guangdong 510640
China

Feng Lin

South China University of Technology ( email )

Wushan
Guangzhou, AR Guangdong 510640
China

Puman Ouyang

National Chung Cheng University ( email )

Min-Shiung, Chia-Yi, 621
Taiwan

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