Narrow search
Showing 1 - 10 of 17,428
Cover Image
Fiscal sustainability in the presence of structural breaks : does overconfidence on resource exports hurt government's ability to finance debt? ; evidence from Nigeria
Alhaji Jibrilla, Aliyu - In: Cogent economics & finance 4 (2016) 1, pp. 1-27
breaks, the study finds evidence of a cointegration relation between the government revenues and spending. The results did … difficulties in financing its debts in the long run. Lastly, the short run and long run Granger causality results, while providing …
Persistent link: https://www.econbiz.de/10011487675
Cover Image
The Dynamic Causal Relationship between Government Revenue and Government Expenditure Nexus in Ghana
Takumah, Wisdom - Volkswirtschaftliche Fakultät, … - 2014
-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 …
Persistent link: https://www.econbiz.de/10011111149
Cover Image
Assessing fiscal sustainability for SAARC and IMT-GT countries
Munawar-Shah, Syed; Mariani Abdul Majid; Shah, Syed … - In: Romanian journal of fiscal policy : RJFP 5 (2014) 2, pp. 26-40
of panel unit root and Pedroni test of panel cointegration. The tests are applied to the relationships, in terms of GDP …
Persistent link: https://www.econbiz.de/10010492728
Cover Image
(Un-)Sustinability of public finances in German Laender : a panel time series approach
Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2015
This paper provides evidence that most German states (Laender) have unsustainable public finances by exploiting a newly compiled database covering the years 1950‐2011. Although the Laender are closely intertwined we are the first to apply “second generation” panel techniques that control...
Persistent link: https://www.econbiz.de/10011404634
Cover Image
Revisiting Fiscal Sustainability : Panel Cointegration and Structural Breaks in OECD Countries
Afonso, António - 2012
cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration … for Australia, Belgium, Germany, Ireland, Netherlands and the UK; Granger causality from government debt to the primary …
Persistent link: https://www.econbiz.de/10013102099
Cover Image
Fiscal sustainability in the Caribbean : an econometric analysis
Khadan, Jeetendra - 2019
countries over the period 1991-2017. The evidence from panel co-integration models of government revenue and expenditure shows …
Persistent link: https://www.econbiz.de/10012028426
Cover Image
Parameter heterogeneity, persistence and cross-sectional dependence : new insights on fiscal policy reaction functions for the Euro area
Golinelli, Roberto; Mammi, Irene; Musolesi, Antonio - 2018 - This version: March 31st, 2018
. We find evidence of strong cross-sectional dependence in the panel, and clear support to a valid cointegration …
Persistent link: https://www.econbiz.de/10011813607
Cover Image
Revisiting Fiscal Sustainability : Panel Cointegration and Structural Breaks in OECD Countries
Afonso, António; Jalles, João Tovar - 2012
cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration … for Australia, Belgium, Germany, Ireland, Netherlands and the UK; Granger causality from government debt to the primary …
Persistent link: https://www.econbiz.de/10014163448
Cover Image
Testing for Ricardian equivalence in Indonesia
Adji, Artidiatun; Alm, James - In: Journal of contemporary economic and business issues 3 (2016) 1, pp. 5-31
There are competing “views” on the economic effects of debt finance. One view argues that tax and debt finance have identical effects on various economic measures, a view sometimes termed “Ricardian Equivalence”. However, this “Ricardian view” remains controversial, with other views...
Persistent link: https://www.econbiz.de/10011537018
Cover Image
Government Expenditure and Household Consumption in Bangladesh through the Lens of Economic Theories: An Empirical Assessment
Mahmud, Mir Nahid; Ahmed, Mansur - Volkswirtschaftliche Fakultät, … - 2012
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 …
Persistent link: https://www.econbiz.de/10009418494