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The sustainability of the Nigerian fiscal deficit along with the role of the dynamics of government revenues and spending in adjusting the size of the deficit is examined using annual data from 1961 to 2014. After allowing for structural breaks, the study finds evidence of a cointegration...
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methods, we found the absolute and relative primary values of the year-on-year changes in public revenues, public expenditures …
Persistent link: https://www.econbiz.de/10013448090
As the COVID-19 pandemic has shaped public policies and government finances, it has also influenced the topics that public finance economists are researching. Because the 2020 International Institute of Public Finance (IIPF) Congress featured papers that were submitted prior to the start of the...
Persistent link: https://www.econbiz.de/10012602343
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from various countries). Despitethe wide variety of potentialtheoretical relationships between government expenditures …, taxation and growth,most empirical analyses arerestricted to simple linear regressions of growth on some measure of …
Persistent link: https://www.econbiz.de/10011301152
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German fiscal policy is nowadays often presented as a shining example due to successful budget consolidation after the Great Recession. However, the idea that the German success is the result of a well-thought-out economic strategy that could therefore serve as a role model for other countries...
Persistent link: https://www.econbiz.de/10010348931
In this paper we empirically explore the relationship between fiscal policy and economic growth in developing Asia. The region's overall level of taxes and government spending are substantially lower than those prevailing in advanced economies. Nevertheless, there are conceptual grounds why...
Persistent link: https://www.econbiz.de/10010463633
transitional countries for the period of 1995 to 2014. The model includes both sides of government finance, taxation and … expenditures, with expenditures being grouped into homogeneous categories in order to increase the structural efficiency. We find a … positive impact on growth for certain government expenditures such as expenditures aimed at improving human resources, property …
Persistent link: https://www.econbiz.de/10012012534