Can Budget Deficits Financing, Crowed Out Private Sector? Comparative Study of the Cases of Iran and Algeria
عنوان مقاله: Can Budget Deficits Financing, Crowed Out Private Sector? Comparative Study of the Cases of Iran and Algeria
شناسه ملی مقاله: JR_IER-18-3_001
منتشر شده در در سال 1393
شناسه ملی مقاله: JR_IER-18-3_001
منتشر شده در در سال 1393
مشخصات نویسندگان مقاله:
Zahra Karimi Takanlou - Faculty of Economics, Management and business, Tabriz University
خلاصه مقاله:
Zahra Karimi Takanlou - Faculty of Economics, Management and business, Tabriz University
This paper develops an analysis of budget deficit financing in termsof a crowding out or crowding in effect on the activity of the privatesector for the economies of Iran and Algeria as two MENA countries,(because of its economic structures (dependence on oil revenue)) duringthe period ۱۹۷۰-۲۰۱۲ by using Cointegration and Vector ErrorCorrection approaches. The analysis confirms the existence of acrowding out effect in Algeria and a crowding in effect in Iran.
کلمات کلیدی: budget deficit, private sector, Crowding out or Crowding in Effects, Cointegration, VECM (Vector Error Correction Model)
صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/1779176/