| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6924 |
| DP6924 Measuring Distortions to Agricultural Incentives, Revisited | |
| Kym Anderson; Will Martin; Ernesto Valenzuela; Marianne Kurzweil; Damiano Sandri | |
| 发表日期 | 2008-07-25 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | We show that the composition of government spending influences the long-run behaviour of the real exchange rate. We develop a two-sector small open economy model in which an increase in government consumption is associated with real appreciation, while an increase in government investment may generate real depreciation. Our empirical work confirms that government consumption and government investment have differential effects on the real exchange rate and the relative price of nontradables. |
| 主题 | International Macroeconomics |
| 关键词 | Government consumption Government investment Real exchange rate |
| URL | https://cepr.org/publications/dp6924 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535760 |
| 推荐引用方式 GB/T 7714 | Kym Anderson,Will Martin,Ernesto Valenzuela,et al. DP6924 Measuring Distortions to Agricultural Incentives, Revisited. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
