Arbeitspapier
Spend-and-tax : a panel data investigation for the EU
Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality 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. Moreover, in the run-up to EMU there was some shifting away from a spend-and-tax strategy, implying adjustments of fiscal behaviour.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2705
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Fiscal Policy
National Deficit; Surplus
- Thema
-
panel causality
fiscal policy
Finanzpolitik
Steuervermeidung
Öffentliche Ausgaben
Kausalanalyse
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Afonso, António
Rault, Christophe
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Afonso, António
- Rault, Christophe
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2009
Ähnliche Objekte (12)
What do we really know about fiscal sustainability in the EU? A panel data diagnostic
Budgetary and external imbalances relationship: a panel data diagnostic
Budgetary and external imbalances relationship: a panel data diagnostic
Local Property Tax Reform and Municipality Spending Efficiency
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
Economic growth and budgetary components: a panel assessment for the EU
Portugal's GDP, a note on the 2020 unknowns
Short and long-run behaviour of long-term sovereign bond yields
Sustainability of fiscal policy in the EU-15
A Note on Public Spending Efficiency
Expansionary fiscal consolidations in Europe: new evidence
Ricardian fiscal regimes in the European Union
What do we really know about fiscal sustainability in the EU? A panel data diagnostic
Budgetary and external imbalances relationship: a panel data diagnostic
Budgetary and external imbalances relationship: a panel data diagnostic
Local Property Tax Reform and Municipality Spending Efficiency
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
Economic growth and budgetary components: a panel assessment for the EU
Portugal's GDP, a note on the 2020 unknowns
Short and long-run behaviour of long-term sovereign bond yields
Sustainability of fiscal policy in the EU-15
A Note on Public Spending Efficiency
Expansionary fiscal consolidations in Europe: new evidence
Ricardian fiscal regimes in the European Union
What do we really know about fiscal sustainability in the EU? A panel data diagnostic
Budgetary and external imbalances relationship: a panel data diagnostic
Budgetary and external imbalances relationship: a panel data diagnostic
Local Property Tax Reform and Municipality Spending Efficiency
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
Economic growth and budgetary components: a panel assessment for the EU
Portugal's GDP, a note on the 2020 unknowns
Short and long-run behaviour of long-term sovereign bond yields
Sustainability of fiscal policy in the EU-15
A Note on Public Spending Efficiency
Expansionary fiscal consolidations in Europe: new evidence