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REVENUE-EXPENDITURE NEXUS IN A TRANSITION ECONOMY: EVIDENCE FROM CROATIA

James E. Payne
Bradley T. Ewing
Richard J. Cebula

Sažetak

This paper examines the temporal relationship between government revenues and expenditures for the transition economy of Croatia. Government expenditures and revenues are found to be trend stationary with a break in the deterministic trend. Given the relatively short-time horizon, tests of Granger-causality results lend support for the tax-spend hypotesis of the revenue-expenditure nexus.

Ključne riječi

Hrčak ID:

18611

URI

https://hrcak.srce.hr/18611

Datum izdavanja:

15.1.2003.

Podaci na drugim jezicima: hrvatski

Posjeta: 1.584 *