-GLS and PP unit root tests which indicated that the series are I(1). We find a cointegration relationship between government … revenue and government expenditure. The causality tests indicate that there is a bidirectional causal relationship between …

using laboratory experiments. A purely rational choice perspective of a simple voting environment implies that information … expense of voters. I contrast the rational choice perspective to behavioral considerations of trust, betrayal and expectations …

This paper uses experiments to explore electoral accountability in a legislative system that favors seniority. Voters …

the cointegration and error correction modeling strategies to tackle the problem of non-stationary data. Two different … variant of cointegration technique have been employed and in either case a valid long run positive relationship has been found …. Finally, we test for Granger causality and find no long run causal relationship between government consumption and household …

using annual data over the period 1970-2008. The Johansen cointegration test suggests that there is a long-run relationship … between central government revenue and expenditure. The result from Granger causality test based on Vector Error Correction … Models (VECM) suggests bidirectional causality between central government revenues and expenditures in the long …

perform to have more consistent results. In this paper, the cointegration and causal relationships have re-examined between …

to 1993, using cointegration techniques and the direction of causality relationship in the long and short runs between … the variables through integrating the Error Correction Model (ECM) into the traditional Granger causality test. A Granger … non-causality test (due to Toda and Yamamoto) is also performed. Unit root tests have been applied in order to investigate …

Portugal. Furthermore, Granger causality tests results show a short-run evidence of a directional flow from expenditure to …