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Economic Trends and Economic Policy, Vol. 12 No. 93, 2002.

Original scientific paper

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

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

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page 27-37

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Abstract

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.

Keywords

Hrčak ID:

18611

URI

https://hrcak.srce.hr/18611

Publication date:

15.1.2003.

Article data in other languages: croatian

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