Fiscal Policy Sustainability in SADC Countries
Ntokozo Nzimande and
Harold Ngalawa ()
The African Finance Journal, 2019, vol. 21, issue 1, 86-97
Abstract:
A cross-country analysis of fiscal sustainability was conducted using both the cointegration and model-based approaches. The results revealed evidence of fiscal policy sustainability in the Southern African Development Community (SADC), with the existence of cointegration between government revenue and expenditure ratios and a pronounced conditional response of government revenues following a change in government expenditures.
Keywords: Fiscal policy; SADC; sustainability; public debt (search for similar items in EconPapers)
JEL-codes: C12 E62 H62 H68 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:afj:journl:v:21:y:2019:i:1:p:86-97
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