Government Revenues and Expenditures in the East European Economies: A Bootstrap Panel Granger Causality Approach

被引:14
|
作者
Mutascu, Mihai [1 ,2 ]
机构
[1] Univ Orleans, Fac Droit Econ & Gest, Lab Econ Orleans, Orleans, France
[2] West Univ Timisoara, Fac Econ & Business Adm, East European Ctr Res Econ & Business, 16 H Pestalozzi St, Timisoara 300115, Romania
关键词
bootstrap panel causality; East European economies; expenditures; government; revenues; TAX-SPEND DEBATE; OECD COUNTRIES; NEXUS EVIDENCE; COINTEGRATION; ASYMMETRIES; GROWTH; BUDGET; STATE; MODEL; SIZE;
D O I
10.1080/00128775.2016.1204237
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a bootstrap panel Granger causality approach, this article investigates the causality between government revenues and government spending from 1995 to 2012 for ten East European economies that are members of the European Union. It finds unidirectional causality from public expenditures to revenues in Bulgaria. For the Czech Republic, Hungary, and Slovenia, government revenues explain expenditures, and a two-way causality exists for the Slovak Republic. No Granger causality is found for Estonia, Latvia, Lithuania, Poland, and Romania.
引用
收藏
页码:489 / 502
页数:14
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