The nexus between fiscal deficits and economic growth in ASEAN
This study provides new evidence on the nexus between fiscal deficits and economic growth among ASEAN countries in the pre- and post-Global Financial Crisis (GFC) periods. Using annual data from 2001 to 2015, three results stand out. First, fiscal deficits are found to be growth-deteriorating in the...
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| Veröffentlicht in: | Journal of Southeast Asian economies |
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| 1. Verfasser: | |
| Weitere Verfasser: | |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
April 2019
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| Schlagworte: |
Association of Southeast Asian Nations
> Mitgliedsstaaten
> Wirtschaftsentwicklung
> Regionale Wirtschaftsentwicklung
> Weltwirtschaft
> Wirtschaftswachstum
> Haushalt
> Haushaltsplan
> Defizit
> Wirkung
> Auswirkung
> ASEAN
> fiscal deficit
> economic growth
> Global Financial Crisis
> capital accumulation
> Aufsatz in Zeitschrift
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Tag hinzufügen | Zusammenfassung: | This study provides new evidence on the nexus between fiscal deficits and economic growth among ASEAN countries in the pre- and post-Global Financial Crisis (GFC) periods. Using annual data from 2001 to 2015, three results stand out. First, fiscal deficits are found to be growth-deteriorating in the pre-Crisis period and growth-enhancing in the post-Crisis period. Second, the impact of fiscal deficits on growth in pre- and post-GFC are robust to different measures of economic growth. Third, among control variables, inflation is important in influencing economic growth in the pre-Crisis period while exchange rate and inflow of foreign direct investment have a positive impact on growth in the post-Crisis period. (J SEA Econ/GIGA) |
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| Beschreibung: | Teil eines special issue ASEAN: towards economic convercence |
| ISSN: | 2339-5095 |