An examination of the causal relationshi
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George Hondroyiannis; Evangelia Papapetrou
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Article
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1996
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Springer US
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English
β 654 KB
This paper tests the validity of the proposition that there is a causal relationship between government expenditure and government revenue for Greece over the period 1957-1993. The empirical analysis employs tests of cointegration as pre-tests for Granger tests of causality. The empirical evidence s