Open AccessSebuah pengujian terhadap hubungan kausalitas antara belanja pemerintah dan pendapatan pemerintah: Sebuah analisis kointegrasi
Author(s) -
George Hondroyiannis,
Evangelia Papapetrou
Publication year - 2016
Publication title -
economic journal of emerging markets/economic journal of emerging markets
Language(s) - English
Resource type - Journals
eISSN - 2502-180X
pISSN - 2086-3128
DOI - 10.20885/ejem.v4i2.6884
Subject(s) - cointegration , granger causality , economics , revenue , government expenditure , causality (physics) , government (linguistics) , monetary economics , econometrics , macroeconomics , public finance , finance , linguistics , philosophy , physics , quantum mechanics
This paper test the validity of the proposition that there is a causal relationship between government expenditure and government reveneu for Greece over the period 1957-1993. The empirical analysis employs tests of cointegration as pre-test for Granger test of causality. The empirical evidence suggest that there is a long run relationship between expenditure and revenue and ecpenditures cause revenue.