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specific panel unit root test to investigate the mean-reverting behaviour of general government expenditures and revenues …-sectional dependencies of the regression error. Thirdly, we check for a structural long-run equation between general government expenditures …

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3-step analysis of public finances sustainability : the case of the European Union

Afonso, António (contributor); … - 2008

specific panel unit root test to investigate the meanreverting behaviour of general government expenditure and revenue ratios …-sectional dependencies of the regression error. Thirdly, we check for a structural long-run equation between general government expenditures …