Effect of foreign direct investment on budget deficit in selected countries economy (Iran and its trading partners in the Middle East)
Publish place: 2th international conference on management, industrial engineering, economics and accounting
Publish Year: 1398
نوع سند: مقاله کنفرانسی
زبان: English
View: 419
This Paper With 23 Page And PDF Format Ready To Download
- Certificate
- من نویسنده این مقاله هستم
استخراج به نرم افزارهای پژوهشی:
شناسه ملی سند علمی:
MIEACONF02_034
تاریخ نمایه سازی: 26 تیر 1398
Abstract:
There are enormous ways to finance the state budget deficit that each of them has differenteffects on economic variables. Four main ways to finance the budget deficit differs accordingto their different impact on the money supply. The first: borrowing from the central bank –increasing monetary base and money supply. The second: increasing taxes, money transferfrom people to government – constant money supply. The third: selling bonds to the public -Transfer money from people to government- Money supply does not change. Forth:borrowing from abroad – increasing net foreign assets of the Central Bank- increased themonetary base-increased money supply. The most common way to finance Iran s deficit isborrowing from the central bank in turn increased the volume of money and inflation and infact a kind of confluence and integration between monetary and fiscal policy has beenemerged. present paper investigates the effects of foreign direct investment on budget deficitin selected countries (Russia, Azerbaijan, Kazakhstan, Turkmenistan and Iran) and the resultsof model estimation suggests negative impact of foreign direct investment on the budgetdeficit in these countries.
Keywords:
Authors
Mehrzad Moeinpour
Effect of foreign direct investment on budget deficit in selected countries economy (Iran and its trading partners in the Middle East)