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Marco Lorusso

Biographic Data

ID5860165
NAMEMarco Lorusso
GIVEN NAMESMarco
FAMILY NAMELorusso
SIGNATURELORUSSO M
AFFILIATIONSCEERP, Heriot-Watt University
ORCID0000-0002-9971-6847
VERIFIEDYes
TOTAL WORKS3
TOTAL CITATIONS1
WORKS AS AUTHOR3
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2017
LATEST PUBLICATION YEAR2026
H-INDEX1
  • Fiscal Policy Regimes in Resource‐Rich Economies

    Open Access•Hilde C Bjørnland, Roberto Casarin et al.•ARTICLE•Journal of Applied Econometrics•2026

    We analyse fiscal policy in resource‐rich economies using a novel Bayesian regime‐switching panel model. The identified regimes capture pro‐ or countercyclical fiscal behaviour by allowing regime‐specific shifts in the average fiscal stance, while the switches between the regimes have the interpretation of changes in fiscal policy. Applying the model to a panel of sixteen oil‐producing economies, we show that fiscal policy has alternated between …

  • Measuring the economic contribution of beer festivals on local economies

    Open Access•Ignazio Cabras, Marco Lorusso et al.•ARTICLE•International Journal of Tourism…•2020

    This paper investigates the economic contribution of beer festivals on local economies by analysing the Knavesmire Beer Festival at York, United Kingdom. Using information collected via means of a survey questionnaire and applying Type I multipliers, we estimate the total expenditure generated by visitors within and outside festivals' premises, measuring its impact on the local economy in terms of jobs created and GVA contributions. Findings reve…

  • The effects of military and non-military government expenditures on private consumption

    Open Access•Marco Lorusso, Luca Pieroni•ARTICLE•Journal of Peace Research•2017•Cited by: 1•References: 2

    In this article, we provide evidence that civilian and military government spending have specific characteristics that can affect private consumption differently. Our vector autoregressive (VAR) estimates for the US economy for the period 1960–2013 show that civilian expenditure induces a positive and significant response on private consumption, whereas military spending has a negative impact. We also analyze the effects of these public spending …

  • The effects of military and non-military government expenditures on private consumption

    Open Access•Marco Lorusso, Luca Pieroni•ARTICLE•Journal of Peace Research•2017•Cited by: 1•References: 2

    In this article, we provide evidence that civilian and military government spending have specific characteristics that can affect private consumption differently. Our vector autoregressive (VAR) estimates for the US economy for the period 1960–2013 show that civilian expenditure induces a positive and significant response on private consumption, whereas military spending has a negative impact. We also analyze the effects of these public spending …

  • The effects of military and non-military government expenditures on private consumption

    Open Access•Marco Lorusso, Luca Pieroni•ARTICLE•Journal of Peace Research•2017•Cited by: 1•References: 2

    In this article, we provide evidence that civilian and military government spending have specific characteristics that can affect private consumption differently. Our vector autoregressive (VAR) estimates for the US economy for the period 1960–2013 show that civilian expenditure induces a positive and significant response on private consumption, whereas military spending has a negative impact. We also analyze the effects of these public spending …

  • Measuring the economic contribution of beer festivals on local economies

    Open Access•Ignazio Cabras, Marco Lorusso et al.•ARTICLE•International Journal of Tourism…•2020

    This paper investigates the economic contribution of beer festivals on local economies by analysing the Knavesmire Beer Festival at York, United Kingdom. Using information collected via means of a survey questionnaire and applying Type I multipliers, we estimate the total expenditure generated by visitors within and outside festivals' premises, measuring its impact on the local economy in terms of jobs created and GVA contributions. Findings reve…

  • Fiscal Policy Regimes in Resource‐Rich Economies

    Open Access•Hilde C Bjørnland, Roberto Casarin et al.•ARTICLE•Journal of Applied Econometrics•2026

    We analyse fiscal policy in resource‐rich economies using a novel Bayesian regime‐switching panel model. The identified regimes capture pro‐ or countercyclical fiscal behaviour by allowing regime‐specific shifts in the average fiscal stance, while the switches between the regimes have the interpretation of changes in fiscal policy. Applying the model to a panel of sixteen oil‐producing economies, we show that fiscal policy has alternated between …

Economics (2 works) · Fiscal policy (2 works) · Bayesian probability (1 work) · Business cycle (1 work) · Consumption (sociology (1 work) · Dynamic stochastic general equilibrium (1 work) · Econometrics (1 work) · Economic geography (1 work) · Economic Growth and Productivity (1 work) · Economic impact analysis (1 work)

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