Bootstrap panel Granger-causality between government spending and revenue in 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 revenue and spending for the EU in the period 1960-2006. Spend-and-tax causality is found for Italy, France, Spain, Greece, and Portugal,...
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| Format: | workingPaper |
| Language: | eng |
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2010
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| Online Access: | http://hdl.handle.net/10400.5/2124 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/2124 |