The crowding out effect from the European debt crisis perspective: Eurozone experience
Yazarlar (3)
Prof. Dr. Baki DEMİREL Gaziosmanpaşa Üniversitesi, Türkiye
Prof. Dr. Cumhur Erdem Abant İzzet Baysal Üniversitesi, Türkiye
İlhan Eroğlu Gaziosmanpaşa Üniversitesi, Türkiye
Makale Türü Özgün Makale (SCOPUS dergilerinde yayınlanan tam makale)
Dergi Adı International Journal of Sustainable Economy
Dergi ISSN 1756-5804 Dergi Bilgileri (2017)
Dergi Tarandığı Indeksler AHCI
Makale Dili İngilizce Basım Tarihi 01-2017
Cilt / Sayı / Sayfa 9 / 1 / 1–18 DOI 10.1504/IJSE.2017.080857
Makale Linki http://www.inderscience.com/link.php?id=10001608
UAK Araştırma Alanları
Para Politikası
Özet
The present study aims to measure the crowding out effect for the countries in the Eurozone that have tried to finance budget deficits through borrowing. We have examined the effects of government debt, government expenditure, interest rate and growth rate on private investments for the 2000-2015 period. The results show that government debt, government expenditure, interest rates and budget deficits all affect private investment negatively and the impact of economic growth is positive. The findings of the study support the existence of the crowding out effect in the Eurozone for the period of 2000-2015.
Anahtar Kelimeler
crowding out | debt crisis | Eurozone
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Yöksis 4
Scopus 5
The crowding out effect from the European debt crisis perspective: Eurozone experience