两次石油危机对政府支出的置换效应:日本、英国和美国

M. Nomura
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引用次数: 7

摘要

本文的目的是考察日本、英国和美国在第一次和第二次油价冲击期间对政府支出的位移效应。继J. Diamond(1977)和P. a . Watt(1978)之后,位移效应可以解释为一种结构变化。作者采用了Chow检验和Y. Honda和K. Ohtani(1986)提出的修正Wald检验来检验位移效应。版权归布莱克威尔出版有限公司和曼彻斯特维多利亚大学1991
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The Displacement Effect on Government Expenditure of Two Oil Crises: Japan, the United Kingdom and the United States
The purpose of this paper is to examine the displacement effect on government expenditure for Japan, the United Kingdom, and the United States over the periods of the first and second oil price shocks. Following J. Diamond (1977) and P. A. Watt (1978), the displacement effect can be interpreted as a structural change. The author examines the displacement effect by using the Chow test and the modified Wald test proposed by Y. Honda and K. Ohtani (1986). Copyright 1991 by Blackwell Publishers Ltd and The Victoria University of Manchester
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