WEKO3
アイテム
Government Expenditure and the Balance of Payments : Budget Deficit, Financial Integration, and Economic Diplomacy
http://hdl.handle.net/10252/4213
http://hdl.handle.net/10252/42130938bab4-3be1-435a-adbb-a54cc3a050e9
名前 / ファイル | ライセンス | アクション |
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DP_35.PDF (1.6 MB)
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Item type | テクニカルレポート / Technical Report(1) | |||||
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公開日 | 2010-06-15 | |||||
タイトル | ||||||
タイトル | Government Expenditure and the Balance of Payments : Budget Deficit, Financial Integration, and Economic Diplomacy | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | government expenditure | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | balance of payments | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | financial integration | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | economic diplomacy | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | U.S.-Japan economic relations | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | twin deficits | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
資源タイプ | technical report | |||||
著者 |
Shibuya, Hiroshi
× Shibuya, Hiroshi |
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著者別名 | ||||||
識別子Scheme | WEKO | |||||
識別子 | 8428 | |||||
姓名 | 渋谷, 浩 | |||||
書誌情報 |
Discussion paper series 巻 35, p. 1-21, 発行日 1996-11 |
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出版者 | ||||||
出版者 | 小樽商科大学ビジネス創造センター | |||||
テキストバージョン | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
日本十進分類法 | ||||||
主題Scheme | NDC | |||||
主題 | 333.6 | |||||
日本十進分類法 | ||||||
主題Scheme | NDC | |||||
主題 | 338.3 | |||||
NIIサブジェクト | ||||||
主題Scheme | Other | |||||
主題 | 経済学 | |||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | This paper studies the international and intertemporal implications of increased government expenditure. First, it reviews the conventional proposition that increased government expenditure raises interest rates, crowds out investment, and reduces growth. Then, it shows that this proposition does not necessarily hold in an open economy with integrated international capital markets. This creates a possibility of the strategic intertemporal macroeconomic policy, which minimizes the adverse effects of increased government expenditure on macroeconomic performance. In particular, a country can use economic diplomacy in such a way that government expenditure does not affect its interest rate and potential national income. It offers a new interpretation of the U.S. macroeconomic policy and economic diplomacy toward Japan in the 1980s and 1990s. |