specific panel unit root test to investigate the mean-reverting behaviour of general government expenditures and revenues … ratios. Secondly, we apply the bootstrap panel cointegration techniques that account for the time series and cross … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …

-area currencies. First, using dynamic panel techniques, we estimate an error correction model for the dollar real exchange rate versus …

EU and OECD countries. The estimation approach accounts for firm heterogeneity and selection bias in a panel …

conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and …

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including …

This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit …

for the full panel. Performing an expanding window analysis, we conclude that the differential between the long-term real …

public debt ratio, indicating a Ricardian fiscal regime. Furthermore, in a panel framework: (ii) the response of revenues to …