The crowding out effect from the European debtcrisis perspective Eurozone experience   
Yazarlar (3)
Baki Demirel
Tokat Gaziosmanpaşa Üniversitesi, Türkiye
Cumhur Erdem
Abant İzzet Baysal Üniversitesi, Türkiye
Prof. Dr. İlhan EROĞLU Tokat Gaziosmanpaşa Üniversitesi, Türkiye
Makale Türü Özgün Makale
Makale Alt Türü SCOPUS dergilerinde yayınlanan tam makale
Dergi Adı Int. J. Sustainable Economy
Dergi ISSN 1756-5804 Scopus Dergi
Dergi Tarandığı Indeksler Scopus (Elsevier)
Makale Dili İngilizce
Basım Tarihi 12-2017
Cilt No 9
Sayı 1
Sayfalar 1 / 18
DOI Numarası 10.1504/IJSE.2017.080857
Makale Linki http://www.inderscienceonline.com/doi/abs/10.1504/IJSE.2017.080857?journalCode=ijse
Özet
The present study aims to measure the crowding out effect for the countries in the Eurozone that have tried to finance budget deficits through borrowing. We have examined the effects of government debt, government expenditure, interest rate and growth rate on private investments for the 2000-2015 period. The results show that government debt, government expenditure, interest rates and budget deficits all affect private investment negatively and the impact of economic growth is positive. The findings of the study support the existence of the crowding out effect in the Eurozone for the period of 2000-2015.
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