Estimating long-run equilibrium relationship between government expenditures and revenues in Romania
by Nalban Valeriu
This study examines the long-run relationship between government expenditures and revenues series for Romania. The available quarterly data for these variables covers 1995 - 2007 period. Due to the large economic turbulences in 2008 and 2009 the database will not consider these years. After running the Granger causality test, two cointegration approaches are used to prove the existence of a long-run fiscal equilibrium. Engle and Granger, respectively Johansen methodologies accept the existence of at least one significant cointegration relation. The results confirmed the hypothesis of no secular tendencies of budgetary imbalances.
Year of publication: |
2010
|
---|---|
Authors: | Valeriu, Nalban |
Published in: |
Budgetary research review : BRR. - [Erscheinungsort nicht ermittelbar] : Buget Finante, ISSN 2067-1784, ZDB-ID 2678601-1. - Vol. 2.2010, 1, p. 26-44
|
Subject: | Öffentliche Ausgaben | Public expenditure | Rumänien | Romania | Öffentliche Einnahmen | Public revenue | Schätztheorie | Estimation theory |
Saved in:
freely available
Extent: | graph. Darst. |
---|---|
Type of publication: | Article |
Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
Language: | English |
Notes: | Systemvoraussetzung: Acrobat Reader |
Other identifiers: | hdl:10419/62271 [Handle] |
Classification: | H6 - National Budget, Deficit, and Debt |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10009581076
Saved in favorites
Similar items by subject
-
Alhaji Jibrilla, Aliyu, (2016)
-
Chakraborti, Pinaki, (2016)
-
Fiscal sustainability hypothesis test in Central and Eastern Europe : a panel data perspective
Owusu, Benjamin, (2021)
- More ...
Similar items by person