Volltext herunterladen
(950.1 KB)
Zitationshinweis
Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-75234-7
Export für Ihre Literaturverwaltung
How government outflow and public debt affect inflation: evidence from SEE countries
[Zeitschriftenartikel]
Abstract The study aims to address public debt and government outflow affecting inflation in some of the countries of Southeast Europe, observing a combination of factors both theoretically and econometrically. The investigation included six (6) SEE countries, including the 2006-2020 timeframe, with 90 obser... mehr
The study aims to address public debt and government outflow affecting inflation in some of the countries of Southeast Europe, observing a combination of factors both theoretically and econometrically. The investigation included six (6) SEE countries, including the 2006-2020 timeframe, with 90 observations. The dynamic approach, the fixed effect, and the Arellano/Bond estimator were used to check the parameters considered in the study using panel data. Furthermore, the study also applied diagnostic tests such as the Sargan over-identifying restrictions and Pedroni test for cointegration. The results of the fixed effect and Arellano / Bond estimation demonstrate that public debt, current budget outflows, and capital budget outflows affect inflation, while overall budget outflows are insignificant. For further studies, it would be useful to apply other dynamic models by applying other specific factors, which will be considered as a useful contribution to the academic, research, and policy-making structures.... weniger
Thesaurusschlagwörter
Staatsverschuldung; Inflation; öffentlicher Haushalt; Finanzpolitik; Südosteuropa
Klassifikation
Öffentliche Finanzen und Finanzwissenschaft
Freie Schlagwörter
Public Debt; Government Outflows; Panel Data; Fixed-Effect
Sprache Dokument
Englisch
Publikationsjahr
2021
Seitenangabe
S. 140-156
Zeitschriftentitel
Journal of Liberty and International Affairs, 7 (2021) 3
DOI
https://doi.org/10.47305/JLIA2137140a
ISSN
1857-9760
Status
Veröffentlichungsversion; begutachtet (peer reviewed)