This paper examines the relationship between the efficiency of government investment and the debt risk from a theoretical perspective. By building a DSGE model, we introduced the impact of government financial investment, and investigated the change of debt risk under different government investment efficiency. From the model, we observed a obvious reverse effect bwteen the the government investment efficiency and debt risk. Finally, according to research conclusions, we put forward some Suggestions.
| Published in | Journal of Finance and Accounting (Volume 5, Issue 1) |
| DOI | 10.11648/j.jfa.20170501.15 |
| Page(s) | 56-60 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2017. Published by Science Publishing Group |
DSGE Model, Local Government Debt, Government Investment Efficiency, Government Debt Risk
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APA Style
Zhi-qi Zhu, Ke Gao, Tao Wang, Nan Bai. (2017). Econometric Analysis of Local Government Investment Efficiency and the Debt Risk Based on the DSGE Model. Journal of Finance and Accounting, 5(1), 56-60. https://doi.org/10.11648/j.jfa.20170501.15
ACS Style
Zhi-qi Zhu; Ke Gao; Tao Wang; Nan Bai. Econometric Analysis of Local Government Investment Efficiency and the Debt Risk Based on the DSGE Model. J. Finance Account. 2017, 5(1), 56-60. doi: 10.11648/j.jfa.20170501.15
AMA Style
Zhi-qi Zhu, Ke Gao, Tao Wang, Nan Bai. Econometric Analysis of Local Government Investment Efficiency and the Debt Risk Based on the DSGE Model. J Finance Account. 2017;5(1):56-60. doi: 10.11648/j.jfa.20170501.15
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Download@article{10.11648/j.jfa.20170501.15,
author = {Zhi-qi Zhu and Ke Gao and Tao Wang and Nan Bai},
title = {Econometric Analysis of Local Government Investment Efficiency and the Debt Risk Based on the DSGE Model},
journal = {Journal of Finance and Accounting},
volume = {5},
number = {1},
pages = {56-60},
doi = {10.11648/j.jfa.20170501.15},
url = {https://doi.org/10.11648/j.jfa.20170501.15},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20170501.15},
abstract = {This paper examines the relationship between the efficiency of government investment and the debt risk from a theoretical perspective. By building a DSGE model, we introduced the impact of government financial investment, and investigated the change of debt risk under different government investment efficiency. From the model, we observed a obvious reverse effect bwteen the the government investment efficiency and debt risk. Finally, according to research conclusions, we put forward some Suggestions.},
year = {2017}
}
TY - JOUR T1 - Econometric Analysis of Local Government Investment Efficiency and the Debt Risk Based on the DSGE Model AU - Zhi-qi Zhu AU - Ke Gao AU - Tao Wang AU - Nan Bai Y1 - 2017/03/01 PY - 2017 N1 - https://doi.org/10.11648/j.jfa.20170501.15 DO - 10.11648/j.jfa.20170501.15 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 56 EP - 60 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20170501.15 AB - This paper examines the relationship between the efficiency of government investment and the debt risk from a theoretical perspective. By building a DSGE model, we introduced the impact of government financial investment, and investigated the change of debt risk under different government investment efficiency. From the model, we observed a obvious reverse effect bwteen the the government investment efficiency and debt risk. Finally, according to research conclusions, we put forward some Suggestions. VL - 5 IS - 1 ER -
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