کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5068466 | 1476919 | 2008 | 21 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Foreign investment, international trade and the size and structure of public expenditures
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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![عکس صفحه اول مقاله: Foreign investment, international trade and the size and structure of public expenditures Foreign investment, international trade and the size and structure of public expenditures](/preview/png/5068466.png)
چکیده انگلیسی
The 'compensation' and 'efficiency' hypotheses propose that globalization affects both the total, and composition of, public expenditures in different ways. Under the former, economic insecurity leads to expanding public sectors and social expenditures, whereas under the efficiency hypothesis, demands for lower taxes encourage smaller public sectors, and especially 'privately productive' spending. We test these hypotheses for a sample of OECD countries from 1980-1997. Using both the inward stock of FDI and openness as measures of globalization we find no effect on the size of government, but FDI significantly shifts the expenditure composition towards social spending, favouring the compensation hypothesis.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Political Economy - Volume 24, Issue 1, March 2008, Pages 151-171
Journal: European Journal of Political Economy - Volume 24, Issue 1, March 2008, Pages 151-171
نویسندگان
Norman Gemmell, Richard Kneller, Ismael Sanz,