How does trade openness influence budget deficits in developing countries? /

This paper analyzes the effects of trade openness on budget balances by distinguishing the effects of natural openness from those of trade-policy induced openness. Using the GMMsystem estimator, the econometric analysis focuses on 66 developing countries during 1974-98. The results show that trade o...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Combès, Jean-Louis (Autor), Saadi-Sedik, Tahsin (Autor)
Autor Corporativo: International Monetary Fund. Fiscal Affairs Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., 2006.
Colección:IMF working paper ; WP/06/3.
Temas:
Terms of trade > Developing countries.
Budget > Developing countries.
Budget
Commercial policy
Terms of trade
Developing countries > Commercial policy.
Developing countries
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. THEORETICAL EFFECTS OF TRADE OPENNESS ON BUDGET DEFICITS
  • III. THE MEASURE OF TERMS OF TRADE INSTABILITY
  • IV. THE MEASURE OF THE REVEALED TRADE POLICY
  • V. THE ECONOMETRIC STRATEGY
  • VI. CONCLUSIONS
  • APPENDIX I
  • REFERENCES

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