The measurement of fiscal behavior in some European countries: Panel data perspective

This paper tests for budget balance of 12 European countries over the period 1999:1-2013:2 by the Sequential Panel Selection Method (SPSM) developed by Chortareas and Kapetanios (2009) using the Panel KSS test with a Fourier function. This article analyses both Kapetanios et al. (2003, hereafter, KS...

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Bibliographic Details
Main Authors: Süleyman BOLAT, Aviral Kumar TIWARI
Format: Article
Language:English
Published: General Association of Economists from Romania 2015-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1063.pdf