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dc.contributor.authorNarayan, Pareshen_US
dc.date.accessioned2017-05-03T14:34:51Z
dc.date.available2017-05-03T14:34:51Z
dc.date.issued2005en_US
dc.date.modified2009-11-18T05:31:43Z
dc.identifier.issn10490078en_US
dc.identifier.doi10.1016/j.asieco.2004.11.007en_AU
dc.identifier.urihttp://hdl.handle.net/10072/4470
dc.description.abstractThe nexus between government revenue and government expenditure has been an important topic in public economics. In this paper, we investigate evidence for cointegration and causality between government revenue and government expenditure for nine Asian countries. We use the recently developed bounds testing approach to cointegration and the conventional F-test to examine Granger causality. Our empirical results suggest that for three out of the nine countries government revenue and government expenditure are cointegrated. Our results on the direction of causation are mixed: (a) for Indonesia, Singapore, Sri Lanka in the short-run and for Nepal in both the short- and long-run we find support for the tax-and-spend hypothesis; (b) Indonesia and Sri Lanka are in conformity with the spend-and-tax hypothesis in the long-run; and (c) for other countries there is evidence of neutrality.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherElsevieren_US
dc.publisher.placeUSAen_US
dc.publisher.urihttp://www.sciencedirect.com/science/journal/10490078en_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom1203en_US
dc.relation.ispartofpageto1216en_US
dc.relation.ispartofissue6en_US
dc.relation.ispartofjournalJournal of Asian Economicsen_US
dc.relation.ispartofvolume15en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchcode340403en_US
dc.titleThe government revenue and government expenditure nexus: empirical evidence from nine Asian countriesen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.rights.copyrightCopyright 2005 Elsevier : Reproduced in accordance with the copyright policy of the publisher : This journal is available online - use hypertext links.en_AU
gro.date.issued2005
gro.hasfulltextNo Full Text


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