The Effects of Government Budget Deficits on the Interest Rates: A Case Study of a Small Open Economy
AbstractThis paper investigates the relationship between interest rates and government budget deficits in Pakistan over the period from 1970: I to 1991: IV. The results reveal that government budget deficits do not exert significant influence on nominal or real interest rates. These findings do not lend support to the « Crowding-Out » hypothesis winch suggests an inverse relationship between government budget deficits and rate of interest.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.
Volume (Year): 47 (1994)
Issue (Month): 1 ()
Contact details of provider:
Postal: Via Garibaldi 4, 16124 Genova, Italy
Phone: +39 010 27041
Fax: +39 010 2704222
Web page: http://www.ge.camcom.it/IT/Tool/Modulistica
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Kalim Hyder, 2001. "Crowding-out Hypothesis in a Vector Error Correction Framework: A Case Study of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(4), pages 633-650.
- Noman Saeed & Kalim Hyder & Asghar Ali, 2006. "The Impact of Public Investment on Private Investment: A Disaggregated Analysis," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(4), pages 639-663.
- Hyder, Kalim & Ahmed, Qazi Masood, 2003.
"Why Private Investment In Pakistan Has Collapsed And How It Can Be Restored,"
16251, University Library of Munich, Germany, revised 01 Jan 2004.
- Kalim Hyder & Qazi Masood Ahmed, 2004. "Why Private Investment In Pakistan Has Collapsed And How It Can Be Restored," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 9(1), pages 107-125, Jan-June.
- Chakraborty, Lekha S., 2006.
"Fiscal deficit, capital formation, and crowding out: Evidence from India,"
06/43, National Institute of Public Finance and Policy.
- Lekha S. Chakraborty, 2007. "Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India," Working Papers id:837, eSocialSciences.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angela Procopio).
If references are entirely missing, you can add them using this form.