布里克斯国家的资本外逃:每个云都有一个银线吗?
Ashis Kumar Pradhan1, Padmaja Bhujabal2, Narayan Sethi3
1Department of Humanities and Social Sciences, Maulana Azad National Institute of Technology, Bhopal, Madhya Pradesh, 462003, India.
Heliyon
|February 5, 2024
概括
从金国家资本外逃在金融危机后急剧增加. 主要驱动因素包括过去的外流,GDP增长,汇率,失业率,商业信心和金融稳定,需要采取政策行动.
科学领域:
- 经济学 经济学 经济学
- 国际金融 国际金融
- 计量经济学 计量经济学
背景情况:
- 资本外逃对新兴经济体的经济稳定和发展构成重大挑战.
- 金国家 (巴西,俄罗斯,印度,中国,南非) 经历了显著的资本外流,特别是在全球金融危机之后.
研究的目的:
- 确定和分析金国家资本外逃的关键决定因素.
- 为这些新兴经济体影响居民资本外流的因素提供经验证据.
主要方法:
- 使用剩余方法估计资本外流.
- 在实证测试中应用通用时刻方法 (GMM).
主要成果:
- 从金国家资本外流的显著增加被观察到,特别是在全球金融危机之后.
- 经验发现表明,过去的资本外流,实际GDP增长率,汇率值,失业率,商业信心指数和金融稳定指标是资本外流的重要决定因素.
结论:
- 该研究强调了解决制金国家资本外逃的确定因素的重要性.
- 财政和货币当局的有效政策框架对于管理居民资本外流和确保经济稳定至关重要.
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