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id	eprints-14520
recordtype	eprints
institution	SOAS, University of London
collection	SOAS Research Online
language	English
language_search	English
description	We study a relationship between economic openness via financial and trade integration and government revenue from financial repression. An implicit budgetary saving, the financial repression revenue, as measured by the stock of government domestic debt multiplied by the difference between effective foreign and domestic interest rate, has declined significantly from the 1980s into the 2000s across the upper-income, the middle-income, and the low-income developing countries. While we find that both the financial and trade openness have a negative association with the financial repression revenue in the panel of countries, the effect of financial openness is stronger and the empirical correlations depend on the quality of governmental and budgetary management.
format	Journal Article
author	Jinjarak, Yothin
author_facet	Jinjarak, Yothin
authorStr	Jinjarak, Yothin
author_letter	Jinjarak, Yothin
title	Economic Integration and Government Revenue from Financial Repression
publisher	Elsevier
publishDate	2013
url	https://eprints.soas.ac.uk/14520/