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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7058 |
DP7058 Liquidity Constraints and Linkages with Multinationals | |
Beata Javorcik; Mariana Spatareanu | |
发表日期 | 2008-11-23 |
出版年 | 2008 |
语种 | 英语 |
摘要 | We document significant and robust empirical relationships in cross-country panel data between government size or social expenditure on the one hand, and trade and financial development indicators on the other. Across countries, deeper economic integration is associated with more intense government redistribution, but more developed financial markets weaken that relationship. Over time, controlling for country-specific effects, public social expenditure appears to be eroded by globalization trends where financial market development can more easily substitute for it. |
主题 | International Macroeconomics |
关键词 | Financial development Globalization Social policy |
URL | https://cepr.org/publications/dp7058 |
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/535895 |
推荐引用方式 GB/T 7714 | Beata Javorcik,Mariana Spatareanu. DP7058 Liquidity Constraints and Linkages with Multinationals. 2008. |
条目包含的文件 | 条目无相关文件。 |
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