Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government revenue and spending for the EU in the period 1960-2006. Spend-and-tax causality is found for Italy, France, Spain, Greece, and...

Natural resource revenues contribute to sustainable development when they are reinvested sufficiently in public services, such as education, that offer long-term social returns. Cross-country evidence suggests that resource-rich countries fail at this, spending less on public services than...

The relationship between government revenue and government expenditure is important, given its relevance for policy especially with respect to the budget deficit. The purpose of this study is to examine the structure of federal government revenue and expenditure in Nigeria, from 1961-2010. It...

This paper applies the technique of Granger causality to determine the relationship between total government expenditure and revenue in Nigeria for the period 1970-2006. The findings of the study generally support the existence of bidirectional causality between government spending and tax...

The countries facing fiscal deficit in budget since their origin must have information about reasons for their fiscal deficit. The Information about government expenses and taxes needed especially for fiscal policy makers. The main purpose of this this is to analyze the relationship between...

The nexus between government revenue and government expenditure has been an important topic in public economics. In this paper, we investigate evidence for cointegration and causality between government revenue and government expenditure for nine Asian countries. We use the recently developed...

This study examines the causal links between revenues and expenditures of Ghana over the period 1983 to 2007 within the framework of Engle-Granger bivariate cointegration and error correction model. The bivariate cointegration results support the hypothesis that revenues and expenditures are...