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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Arghyrou, MG | - |
dc.coverage.spatial | 25 | en |
dc.date.accessioned | 2007-06-26T20:21:55Z | - |
dc.date.available | 2007-06-26T20:21:55Z | - |
dc.date.issued | 2000 | - |
dc.identifier.citation | Economics and Finance Working papers, Brunel University, 00-05 | en |
dc.identifier.uri | http://bura.brunel.ac.uk/handle/2438/879 | - |
dc.description.abstract | The paper investigates the existence and nature of long-run relationships between Greek national income and four categories of public expenditure. Our results suggest that there exists a positive long-run relationship between GDP on the one hand; and public expenditure and “productive” public consumption on the other, with causality running both ways. There appears to be no long-run relationship between GDP and public-sector personnel expenditure; and GDP and public-debt service expenditure. From that point of view, it would appear that in terms of output growth, the fiscal policy followed by Greece during the 1975-1990 period has rather been ineffective. | en |
dc.format.extent | 78635 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en | - |
dc.publisher | Brunel University | en |
dc.subject | Fiscal policy; GDP; Public expenditure; Cointegration, Weak | en |
dc.subject | exogeneity/causality | en |
dc.title | Public expenditure and national income - Time series evidence from Greece | en |
dc.type | Research Paper | en |
Appears in Collections: | Dept of Economics and Finance Research Papers |
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