HYE, Qazi Muhammad Adnan and M Anwar, Jalil (2010): Revenue and Expenditure Nexus: A Case Study of Romania. Published in: Romanian Journal of Fiscal Policy , Vol. Volume, No. Issue 1 : pp. 22-28.
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This study determines the causal relationship between the expenditure and revenue of government in the case of Romania by using the autoregressive distributive lag approach to cointegration, variance decomposition and rolling regression method. The results indicate that bidirectional long run relationship exist between expenditure and revenue of government. The variance decomposition method suggests government revenue shock has more sharply impact on the government expenditure as compared to the shock in government expenditure and response of government revenue collection.
|Item Type:||MPRA Paper|
|Original Title:||Revenue and Expenditure Nexus: A Case Study of Romania|
|Keywords:||Government revenue, government expenditure, cointegration|
|Subjects:||C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes|
|Depositing User:||M Anwar Jalil|
|Date Deposited:||10. Jul 2011 16:38|
|Last Modified:||09. Mar 2015 10:49|
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