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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16462 |
来源ID | Working Paper 16462 |
Government, Openness and Finance: Past and Present | |
Panicos O. Demetriades; Peter L. Rousseau | |
发表日期 | 2010-10-14 |
出版年 | 2010 |
语种 | 英语 |
摘要 | We explore the role of government in the nexus of finance and trade starting from the earliest days of organised finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that the government expenditures and international trade did have a positive long-run effect on financial development when measured as the value of private loans issued at the Bank of England. For the wider panel of countries and more recent data, we find that government expenditures and trade have positive effects on financial development for countries that are in the mid-ranges of economic development as measured by their per capita incomes, but have little effect for poor countries and strongly negative effects for the wealthiest ones. |
主题 | History ; Financial History ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w16462 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574136 |
推荐引用方式 GB/T 7714 | Panicos O. Demetriades,Peter L. Rousseau. Government, Openness and Finance: Past and Present. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16462.pdf(176KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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