Bootstrap Panel Granger-Causality Between Government Spending and Revenue in the EU

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government revenue and spending for the EU in the period 1960-2006. Spend-and-tax causality is found for Italy, France, Spain, Greece, and Portugal, while tax-and-spend evidence is present for Germany, Belgium, Austria, Finland and the UK, and for several EU New Member States

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Year of publication:	2009
Authors:	Rault, Christophe ; Afonso, Antonio
Publisher:	[S.l.] : SSRN
Subject:	Öffentliche Ausgaben \| Public expenditure \| Öffentliche Einnahmen \| Public revenue \| Panel \| Panel study \| Kausalanalyse \| Causality analysis \| Bootstrap-Verfahren \| Bootstrap approach

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Extent:	1 Online-Ressource (13 p)
Series:	William Davidson Institute Working Paper ; No. 944
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 13, 2009 erstellt
Other identifiers:	10.2139/ssrn.1488334 [DOI]
Classification:	C23 - Models with Panel Data ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H62 - Deficit; Surplus
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014202784