The crowding out effect from the European debt crisis perspective: Eurozone experience
Küçük Resim Yok
Tarih
2017
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Inderscience Publishers
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The present study aims to measure the crowding out effect for the countries in the Eurozone that have tried to finance budget deficits through borrowing. We have examined the effects of government debt, government expenditure, interest rate and growth rate on private investments for the 2000-2015 period. The results show that government debt, government expenditure, interest rates and budget deficits all affect private investment negatively and the impact of economic growth is positive. The findings of the study support the existence of the crowding out effect in the Eurozone for the period of 2000-2015. © 2017 Inderscience Enterprises Ltd.
Açıklama
Anahtar Kelimeler
crowding out, debt crisis, Eurozone
Kaynak
International Journal of Sustainable Economy
WoS Q Değeri
Scopus Q Değeri
Q3
Cilt
9
Sayı
1
