Are fiscal deficits inflationary in Nigeria? New evidence from bounds testing to cointegration with structural breaks

Are fiscal deficits inflationary in Nigeria? New evidence from bounds testing to cointegration with structural breaks

In this paper, we model the relationship between fiscal deficit and inflation for Nigeria using annual data from 1980 to 2016. We employ the linear ARDL approach and account for structural breaks using the Bai and Perron (2003) test that allows for multiple structural changes in regression...

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Bibliographic Details
Main Authors: Fasanya Ismail O., Fajobi Ayinke, Adetokunbo Abiodun
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2021-01-01
Series:Ekonomski Anali
Subjects:
fiscal deficit
price level
ardl cointegration
structural breaks
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642128123F.pdf

Internet

http://www.doiserbia.nb.rs/img/doi/0013-3264/2021/0013-32642128123F.pdf

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