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Cointegration, causality and the government budget-inflation relationship in Greece

โœ Scribed by Hondroyiannis, George; Papapetrou, Evangelia

Book ID
126947239
Publisher
Taylor and Francis Group
Year
1994
Tongue
English
Weight
89 KB
Volume
1
Category
Article
ISSN
1350-4851

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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