Spend-and-tax: A panel data investigation for the EU

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and Portugal, w...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Rault, Christophe (author)
Format: workingPaper
Language:eng
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10400.5/25664
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25664