دانلود مقاله ISI انگلیسی شماره 51262
ترجمه فارسی عنوان مقاله

یکپارچگی اقتصادی و درآمد دولت ناشی از سرکوب مالی

عنوان انگلیسی
Economic integration and government revenue from financial repression
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
51262 2013 13 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Economic Systems, Volume 37, Issue 2, June 2013, Pages 271–283

ترجمه کلمات کلیدی
سرکوب مالی؛ جهانی شدن؛ بدهی دولت
کلمات کلیدی انگلیسی
F36; H63; P11Financial repression; Globalization; Government debt
پیش نمایش مقاله
پیش نمایش مقاله  یکپارچگی اقتصادی و درآمد دولت ناشی از سرکوب مالی

چکیده انگلیسی

We study a relationship between economic openness via financial and trade integration and government revenue from financial repression. An implicit budgetary saving, the financial repression revenue, as measured by the stock of government domestic debt multiplied by the difference between effective foreign and domestic interest rate, has declined significantly from the 1980s into the 2000s across the upper-income, the middle-income, and the low-income developing countries. While we find that both the financial and trade openness have a negative association with the financial repression revenue in the panel of countries, the effect of financial openness is stronger and the empirical correlations depend on the quality of governmental and budgetary management.