G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7058
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
URLhttps://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.
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