%0 Journal Article
%T Econometric Analysis of Local Government Investment Efficiency and the Debt Risk Based on the DSGE Model
%J -
%D 2017
%X 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.
%K DSGE Model
%K Local Government Debt
%K Government Investment Efficiency
%K Government Debt Risk
%U http://www.sciencepublishinggroup.com/journal/paperinfo?journalid=171&doi=10.11648/j.jfa.20170501.15