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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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
2006.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2006/003 |
| Online dostop: | Full text available on IMF |