MEAN REVERSION OF THE FISCAL CONDUCT IN 24 DEVELOPING COUNTRIES
MEAN REVERSION OF THE FISCAL CONDUCT IN 24 DEVELOPING COUNTRIES
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Oxford, UK: Blackwell Publishing Ltd
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English
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Oxford, UK: Blackwell Publishing Ltd
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In this paper, we examine the mean reverting behaviour of fiscal deficit by analysing the fiscal position of 24 developing countries. Using annual data over the period 1970–2003 and the series‐specific panel unit root test developed by Breuer et al. (Oxford Bulletin of Economics and Statistics, Vol. 64 (2002), pp. 527–546), we found the budget proc...
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MEAN REVERSION OF THE FISCAL CONDUCT IN 24 DEVELOPING COUNTRIES
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TN_cdi_proquest_miscellaneous_1023193208
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1023193208
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ISSN
1463-6786
E-ISSN
1467-9957
DOI
10.1111/j.1467-9957.2009.02140.x