English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 50122/85142 (59%)
造訪人次 : 7895738      線上人數 : 66
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/23764

    題名: Does the expansionary government spending crowd out the private consumption?: Cointegration analysis in panel data
    作者: 聶建中;Nieh, Chien-chung;Ho, Tsung-wu
    貢獻者: 淡江大學財務金融學系
    關鍵詞: Panel cointegration;Two-step estimator;SUR;Intratemporal substitution
    日期: 2006-01-01
    上傳時間: 2009-11-30 17:52:41 (UTC+8)
    出版者: Elsevier
    摘要: That whether expansionary government spending crowds out private consumption is examined by evaluating the intra-temporal elasticity of substitution between them. Using annual data (1981–2000) of 23 OECD countries, a linear deterministic cointegration relation between private consumption, government spending and their relative price is supported. We have two findings: first, the panel estimators plausibly compute the parameter estimates in general. Second, when cross-sectional correlation is considered by using a SUR estimator, the statistical significance of panel cointegration is improved. Thirdly, the intra-temporal elasticity of substitution indicates that government and private consumption are found to be complements, which shows that expansionary government spending does not crowd out private consumption.
    關聯: Quarterly Review of Economics and Finance 46(1), pp.133-148
    DOI: 10.1016/j.qref.2004.11.004
    顯示於類別:[財務金融學系暨研究所] 期刊論文


    檔案 大小格式瀏覽次數



    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋