Apergis, Nicholas; Lyroudi, Katerina; Sfetsos, Athanasios - In: Journal of Economic Development 33 (2008) 1, pp. 113-131
This paper investigates the presence of the relationship between private and government consumption through panel data techniques. Using a panel from different transitional countries, from 1990 to 2003, it applies the panel cointegration and causality methodologies. The study finds statistical...