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Assessing fiscal sustainability with panel unit root, cointegration, and granger causality tests : evidence from the broader groups of countries

Fir, Nejc - In: Naše gospodarstvo : NG 70 (2024) 3, pp. 1-20

balance, and the first differences of public debt. Part of this approach includes testing cointegration and causality among … tests, cointegration, and Granger causality test. This paper focuses on assessing the fiscal sustainability of four panels …

Persistent link: https://www.econbiz.de/10015130392

Tax and spend, spend and tax, fiscal synchronization or fiscal neutrality : evidence from Bangladesh

Rahman, S. M. Atiar; Wadud, Md. Abdul - In: The international journal of applied economics and finance 8 (2014) 3, pp. 98-108

Persistent link: https://www.econbiz.de/10010479709

An Application of a Johansen Cointegration Test and a Vector Error Correction, (VEC) Model to Test the Granger Causality between General Government Revenues and General Government...

Guirguis, Michel - 2018

Correction model, (VEC) a Granger causality and Johansen cointegration test to check for long – term relationship between general … general government total expenditures by using Johansen cointegration test. Finally, at the 5% significance level, we have …

Persistent link: https://www.econbiz.de/10012910719

Government expenditure on human capital and growth in Namibia : a time series analysis

Shafuda, Christopher P. P.; De, Utpal Kumar - In: Journal of economic structures : JES; the official … 9 (2020) 21, pp. 1-14

with fertility rate, infant mortality rate and under-5 mortality rate. However, no cointegration is observed between …. Whereas, no cointegration between government spending on education and gross enrolment rate at primary and secondary level is …

Persistent link: https://www.econbiz.de/10012256228

Wagner's Law and Augmented Wagner's Law in EU-27 - A Time-Series Analysis on Stationarity, Cointegration and Causality

Magazzino, Cosimo - 2013

The relationship between public expenditure and aggregate income has long been debated in economic literature. According to Wagner, expenditure is an endogenous factor or an outcome. On the other hand, Keynes considered public expenditure as an exogenous factor to be used as a policy instrument...

Persistent link: https://www.econbiz.de/10013075313

(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