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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2124

Title: Bootstrap panel Granger-causality between government spending and revenue in the EU
Authors: Afonso, António
Rault, Christophe
Keywords: panel causality
fiscal policy
Issue Date: Feb-2009
Publisher: The William Davidson Institute at the University of Michigan
Citation: Afonso, António e Christophe Rault. 2009. "Bootstrap panel Granger-causality between government spending and revenue in the EU". William Davidson Institute Working Paper nº 944-2009
Series/Report no.: William Davidson Institute Working Paper;944-2009
Abstract: 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, while tax-and-spend evidence is present for Germany, Belgium, Austria, Finland and the UK, and for several EU New Member States.
URI: http://hdl.handle.net/10400.5/2124
Appears in Collections:DE - Documentos de trabalho / Working Papers

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