| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7604 |
| DP7604 On the origins of land use regulations: Theory and evidence from US metro areas | |
| Frédéric Robert-Nicoud | |
| 发表日期 | 2009-12-13 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Spain's financial position during the late 19th and early 20th century has usually been presented as one of persistent deficit on current account, which resulted from her integration into international commodity and factor markets and this, in turn, slowed down growth. In this essay a preliminary reconstruction of the balance of payments on current account allows us to reject this view. In fact, a net capital inflow made possible to meet the demand for investment boosting economic performance. Current account reversals in a context of macroeconomic domestic imperfections help to explain the economic slowdown at the turn of the century. |
| 主题 | International Macroeconomics |
| 关键词 | Balance of payments Sudden stops Current account reversals Saving investment Growth Spain |
| URL | https://cepr.org/publications/dp7604 |
| 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/536441 |
| 推荐引用方式 GB/T 7714 | Frédéric Robert-Nicoud. DP7604 On the origins of land use regulations: Theory and evidence from US metro areas. 2009. |
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