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| 文件名: _★★★_Revisiting the Government Revenue-Expenditure Nexus_★★★.pdf | |
| 资料下载链接地址: https://bbs.pinggu.org/a-1018791.html | |
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虽然不是工作论文,但是觉得这样帖子比较规范,呵呵
1 论文标题 The government revenue and government expenditure nexus Revisiting the Government Revenue-Expenditure Nexus 2 作者信息 Paresh Kumar Narayan Tsangyao CHANG;Gengnan CHIANG 3 出处和链接(比如,NBER working paper No.11000) 与两篇文章所用方法有关的一个连接:https://bbs.pinggu.org/thread-1274090-1-1.html 4 摘要 第一篇: 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 bounds testing approach to cointegration and the conventional F-test to examine Granger causality. Our empirical results suggest that for three out of the nine countries government revenue and government expenditure are cointegrated. Our results on the direction of causation are mixed: (a) for Indonesia, Singapore, Sri Lanka in the short-run and for Nepal in both the short- and long-run we find support for the tax-and-spend hypothesis; (b) Indonesia and Sri Lanka are in conformity with the spend-and-tax hypothesis in the long-run; and (c) for other countries there is evidence of neutrality. 第二篇: This paper utilizes panel unit root, panel cointegration, and panel Granger causality test techniques to examine the inter-temporal relationship between government revenues and government expenditures in a panel of 15 OECD countries over the period 1992–2006. We find evidence of bidirectional causality between government revenues and government expenditures, supporting the fiscal synchronization hypothesis. The findings of this paper have important implications for fiscal policy decision-making in these 15 OECD countries after the signing of the EU Treaty in Maastricht on February 7, 1992. |
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