Du är här

Panel cointegration tests of the sustainability hypothesis in rich OECD countries

Författare:
Publiceringsår: 2010
Språk: Engelska
Sidor: 1355-1364
Publikation/Tidskrift/Serie: Applied Economics
Volym: 42
Nummer: 11
Dokumenttyp: Artikel
Förlag: Taylor & Francis

Sammanfattning

This study reexamines the sustainability hypothesis by testing whether government revenues and expenditures for eight rich OECD countries between 1977Q1 and 2005Q4 are cointegrated. For this purpose, a nonstationary panel data approach is adopted, which is general enough to permit for cross-country dependence as well as structural breaks representing major shifts in fiscal policy. In contrast to many earlier studies, the results reported in this study suggest that the sustainability hypothesis cannot be rejected.

Disputation

Nyckelord

  • Business and Economics

Övriga

Published
Yes
  • ISSN: 0003-6846

Box 117, 221 00 LUND
Telefon 046-222 00 00 (växel)
Telefax 046-222 47 20
lu [at] lu [dot] se

 

Fakturaadress: Box 188, 221 00 LUND
Organisationsnummer: 202100-3211
Om webbplatsen