Bootstrap Panel Granger-Causality between Government Spending and Revenue | Zendy

António Afonso | Zendy; Christophe Rault | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Bootstrap Panel Granger-Causality between Government Spending and Revenue

Author(s) -

António Afonso,

Christophe Rault

Publication year - 2008

Publication title -

ssrn electronic journal

Language(s) - English

Resource type - Journals

ISSN - 1556-5068

DOI - 10.2139/ssrn.1310677

Subject(s) - granger causality , revenue , causality (physics) , government revenue , economics , econometrics , government spending , government (linguistics) , panel data , monetary economics , finance , market economy , linguistics , philosophy , physics , quantum mechanics , welfare

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 Portugal, while tax-and-spend evidence is present for Germany, Belgium, Austria Finland and the UK, and for several EU New Member States.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research