Testing the Relationship Between Government Spending and Revenue : Evidence From GCC Countries

Evidence From GCC Countries

Nopic
The paper examines the direction of causality between total government expenditure and revenue in oil-dependent GCC countries by utilizing a cointegration and error-correction modeling framework, and by calculating a variance decomposition analysis. In addition, it presents impulse responses to shed light on the dynamic relation of expenditure... READ MORE...

Publication date: November 2002
ISBN 9781451874365
$15.00

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